💰3 Trumps And A Subpoena

Former President Donald Trump and two of his children, Ivanka and Donald Jr., have been ordered to answer questions under oath, ruled a New York State judge last week. The subpoena is in connection to an ongoing tax fraud case brought against the former president looking into whether he inflated asset values to receive favorable loans, then deflated their value on tax filings.

• Judge Arthur Engoron stated that NY AG Letitia James has uncovered "​​copious evidence of possible financial fraud” that has entitled her to question members of the Trump family. “She has the clear right to do so,” Judge Engoron added, notes the NY Times.

• However, Trump's lawyers have argued that the financial records were truthful and "attempts to pick them apart over what they characterized as minor mistakes or omissions were politically motivated," says the AP.

Bye Bye Mazars

This ruling comes about a week after the Trumps' longtime accounting firm, Mazars, sent a letter to the Trump Organization stating that the financial documents it prepared from 2011 to 2020 “should not be relied on” and severed ties with the company. The shocking announcement came a year after the Trump Organization's chief financial officer, Allen Weisselberg, was indicted on tax fraud last summer by the Manhattan DA.

The Verdict

If history is any predictor here, Trump and Co. will appeal appeal appeal and this case may go on for a very long time. That being said, a mounting pile of evidence, plus associates who have all been indicted and/or convicted, may finally be changing the tides on the former president's litigation luck.