NY state launches tax probe of Trump Foundation

Cuomo willing to give criminal referral to AG for criminal probe into Trump foundation- if she wants

The officials wouldn't say when the investigation by the New York State Department of Taxation and Finance started, or what activities it might be scrutinizing, according to the report.

If evidence of alleged crimes is found, the matter could be referred to prosecutors, who could seek the release of Trump's tax returns.

The lawsuit claimed the charity engaged in illegal political coordination with Trump's campaign, made multiple self-dealing transactions to benefit Trump personally and his business interests, and violated legal obligations for such nonprofits in NY. The paper said it appeared likely that the inquiry may cover some of the same issues raised by the ny attorney general, Barbara Underwood, in a lawsuit filed against the Trump Foundation in June.

Trump has already paid more than $330,000 in reimbursements and penalty taxes, Underwood said in the suit.

Any criminal action taken while the civil case proceeds, however, would likely lead to a stay of the civil action, meaning the attorney general's office is unlikely to seek a criminal referral until its civil case has progressed.

Chance the Rapper announces Chicagoist purchase in song
Chance The Rapper dropped four new songs on Wednesday night, using one to reveal that he has bought local news site Chicagoist . WNYC initially gained ownership of the Chicagoist when the company acquired the Gothamist and associated sites in February.

The employment rate is at a new record high of 75.7%
As employment rose, unemployment fell, with 12,000 fewer people out of work than in the previous period, the ONS said. But he added: "It is important to remember that unemployment remains, by historical standards, at a low rate".

Trump 'so dissatisfied' with China trade talks, keeping pressure on: Kudlow
He added that the ball is in President Xi's court. "Don't be gloomy and doomy in an overboard sense", Kudlow said. Allow the American or British or whomever, German, full ownership of the companies operating in China".

The lawsuit that was brought against Trump last month, alleges that the foundation took part in "repeated and willful self-dealing transactions to benefit Mr. Trump's personal and business interests".

It remains to be seen whether state officials will initiate a criminal investigation.

In order to pursue a criminal investigation, Underwood would need a referral from Govern Andrew Cuomo's office, which Cuomo appears ready to give, if necessary.

"As our lawsuit against the Trump Foundation illustrates, we intend to hold the Foundation and its directors accountable for all violations of state law", Amy Spitalnick, the spokesperson for the New York Attorney General, told CNN. That lawsuit claimed that the charitable organization operated without the oversight of a functioning board, and that its money was used for various purposes in violation of state and federal laws.

The Trump Foundation is reportedly under investigation in NY for possibly violating state tax laws.

Related News:

  • Com Measures Latency And Upload Speed Now

    Com Measures Latency And Upload Speed Now

    Previously, the Fast .com speed test revealed only download speeds, but now has added two new metrics that it will measure. Netflix says the tool generated more than half a billion speed tests so far, doubling in growth in the past seven months.
    Paris Hilton Calls Lindsay Lohan a

    Paris Hilton Calls Lindsay Lohan a "Pathological Liar" on In

    The heiress and her friend Brandon Davis once made fun of the singer, and the latter called her a "firecrotch". Paris Hilton just put the world on notice about Lindsay Lohan , so guess their feud isn't quite over.
    Latest scores as Tiger Woods, Rory McIlroy tackle Carnoustie

    Latest scores as Tiger Woods, Rory McIlroy tackle Carnoustie

    But Rose has lagged behind the leaders at The Open, joining Johnson in 54th place a year ago . Put the breeze at their backs, and some holes will have no more than a wedge into the greens.
  • Diamonds Are Not So Rare, If You Look Deep Inside Earth

    Diamonds Are Not So Rare, If You Look Deep Inside Earth

    Diamonds are made of pure carbon and formed under huge heat and pressure over many millions of years. The anomaly in the data was that sound waves sped up as they went through the roots of old cratons.
    Doctor Who star Jodie Whittaker hopes role will inspire young girls

    Doctor Who star Jodie Whittaker hopes role will inspire young girls

    Whittaker will be joined by an all-new cast of characters in the series, including Bradley Walsh, Tosin Cole and Mandip Gill. Fans watching the World Cup final on BBC One on Sunday were treated to a 40 seconds teaser for the new, 11th series.

    Macron under fire after aide caught hitting protester

    Labour unions hold demonstrations every year on May Day in France, which often lead to police intervention. He appears in multiple Reuters' photos alongside Macron during public events.
  • After many, many hours, Anderson beats Isner in Wimbledon semis

    After many, many hours, Anderson beats Isner in Wimbledon semis

    Anderson served for the third at 5-3, got broken, and then had a pair of set points in that tiebreaker, double-faulting one away. The final score: 7-6 (6), 6-7 (5), 6-7 (9), 6-4, 26-24. 'Tournament is outdoor, it didn't make sense to play with closed roof.
    Manny Pacquiao Challenges Floyd Mayweather To Boxing Rematch

    Manny Pacquiao Challenges Floyd Mayweather To Boxing Rematch

    But those potential Pacquiao opponents wouldn't have the same pulling power as Mayweather, would they? He's searching for his next opponent and also floated the idea of fighting Amir Khan the near future.
    H1 2018 Mobile Game Spending Hits Estimated $26.6B

    H1 2018 Mobile Game Spending Hits Estimated $26.6B

    In any case, it seems that the App Store earned nearly twice its competitor with less than half of the total downloads. The first-time app installs globally reached around 51 billion, growing 11.3 percent over the first half of 2017.
  • Lin-Manuel Miranda to publish uplifting picture book

    Lin-Manuel Miranda to publish uplifting picture book

    Miranda's teamed up with humorist Jonny Sun , who will handle the illustrations for Gmorning, Gnight! . Before that, get a sampling of Miranda's recent morning/evening tweets below.
    Liverpool: Alisson thanks Roma fans ahead of rumoured switch

    Liverpool: Alisson thanks Roma fans ahead of rumoured switch

    Liverpool are going to need a reserve keeper to back-up Alisson this season and maybe that can be a role for Karius, despite his woes.
    Comcast admits defeat in bidding war for Fox, clearing path for Disney

    Comcast admits defeat in bidding war for Fox, clearing path for Disney

    The US cable giant said that it would now concentrate on attempting to buy the United Kingdom pay-TV broadcaster Sky instead. Negotiations between Disney and Fox began in late 2017, but hit a snag when Comcast unexpectedly beat Disney's offer.


Most liked

Celebrity couple split, call off wedding following fights
Until Cyrus and Hemsworth confirm the news themselves, it's best to believe that they're still together. As many know, Cyrus and Hemsworth met in 2009 on the set of Nicholas Sparks's The Last Song .

Netflix is rolling out a new TV interface starting today
One of the key changes is that the UI splits out TV shows and movies into different one-click menus. This update will roll out automatically to all Smart TVs and consoles.

Draftkings fantasy golf picks: British Open 2018
The Northern Irishman missed the cut at the 2018 U.S. Kevin Kisner now leads the Open Championship. He tees it up at 11.37pm (AEST) Thursday.

Terrell Owens calls Brady and Belichick cheaters in Instagram video
They cheated". "It was tongue and cheek", T.O. told TMZ after the Instagram story appeared on Tuesday . That's when Owens backed off. big time. and even dished out a few compliments for Tom and Bill.

Cleveland Indians bolster bullpen by getting Brad Hand
The cost for present and future relief help is Mejia, who is widely regarded as one of the best prospects in baseball. The Indians bullpen has been struggling as of late with relievers posting a 5.28 combined ERA.

Spain drops extradition requests for Catalan separatists
Puigdemont fled past year for Belgium after Catalonia held a referendum on independence that Madrid deemed unconstitutional. Spain's Supreme Court has withdrawn European arrest warrants for separatists linked to Catalonia's independence referendum.

Kim Kardashian’s Fragrance Firm Sued For Using Different Company’s Logo
Kim Kardashian reportedly made $ 5 million in the first five minutes of Tuesday's Kimoji fragrance launch. Kim Kardashian West attends the 2016 MTV Video Music Awards at Madison Square Garden in NY .

Iconic house featured in ‘Brady Bunch’ up for sale
Real estate firm Douglas Elliman is bracing for a flood of interest, listing agent Ernie Carswell told the Los Angeles Times . Carswell said in the LA Times report that the owners will give first consideration to bidders who want to keep the home.

Marcus Smart agrees to four-year deal with Boston Celtics
Shooting has been an issue as he has hit just 36.0 percent of his field-goal attempts with his high mark being 36.7. In 54 games last season, Smart averaged 10.2 points, 4.8 assists, 3.5 rebounds and 1.3 steals a night.

Faith Evans and Stevie J Apply for Marriage License
More recently, we've watched Stevie J manage Estelita's career and vagina on the latest season of "Love & Hip Hop: Atlanta". Stevie and Faith became romantically linked around 2 years ago, but at some point they opted to remain friends.

Princess Eugenie's wedding plans are almost identical to Harry and Meghan's
Brooksbank is deemed a commoner, like Meghan Markle , his parents Nicola and George are and accountant and a company director. And Princess Eugenie's big day will mirror her cousin Prince Harry's in more ways than one.

Top 10 highest earning celebrities of the year
Sean "Diddy" Combs and Beyonce, who topped the Celebrity 100 past year , failed to make it back into the top 10 in 2018. Ed Sheeran has been named as the highest-earning solo artist, at No. 9 with an estimated $110 million in earnings.

Several buildings evacuated after explosion in Flatiron District
A New York City neighborhood was rocked Thursday morning when a steam pipe exploded and created a huge crater in a street. The Fire Department of NY says a high-pressure steam leak has caused street closings in Manhattan's Flatiron District.

NCIS Adds Diona Reasonover as Forensic Scientist Replacement for Pauley Perrette's Abby
Even so, Kasie doesn't have Abby's experience, so it will be interesting to watch as she plays catchup on her forensic skills. Reasonover's other TV credits include Grace and Frankie , Future Man , 2 Broke Girls , Girl Meets World and Clipped .

Pacquiao Wins 60th Career Bout With 7th-Round Knockout
Meanwhile Povetkin, 38, knocked out David Price on the undercard of Joshua's victory over Parker. One thing is for certain is that he wants to defend his title.