NYT: New York Insurance Regulators Subpoena Trump Org’s Broker

A general view of the sign and exterior of Trump Tower entrance - the syscraper located on 5th Avenue midtown Manhattan New York, is 664 feet (202m) tall, designed by Der Scutt of Poor, Swanke, Hayden & Cornell a... A general view of the sign and exterior of Trump Tower entrance - the syscraper located on 5th Avenue midtown Manhattan New York, is 664 feet (202m) tall, designed by Der Scutt of Poor, Swanke, Hayden & Cornell and is the headquarters for the Trump organization. (Photo by Epics/Getty Images) MORE LESS
Start your day with TPM.
Sign up for the Morning Memo newsletter

On the heels of Michael Cohen’s congressional testimony alleging that the Trump Organization mischaracterized asset values in its representations to insurance companies, the Trump Organization’s insurance broker received an expansive subpoena Monday from New York state insurance regulators, the New York Times reported.

The regulator, the Department of Financial Services, conducts civil investigations and does not have the authority to conduct criminal investigations, according to the Times. However it can make referrals to local and state prosecutors.

The subpoena did not suggest that the broker Aon or its employees committed any wrongdoing, according to the New York Times report. However, it requested scores of information about the broker’s business since 2009 with the Trump Org and Donald Trump himself, the report said. The requested information includes communications, contracts, agreements, and information on how Aon employees were compensated for their work with the Trump Org, according to the New York Times.

Latest Muckraker

Notable Replies

  1. Another disgrace to our country.

    And another and another and more, please.

  2. Avatar for theod theod says:

    This will result in a quiet settlement/NDA and be forgotten by everybody, just like many civil lawsuits before. I want criminal cases that can’t be swept away by money.

  3. That look on Trump’s face when he learned he had won the election–this is probably just 0.5% of all the shit he will get buried under…and despite his cognitive issues, he knew it.

    https://www.youtube.com/watch?v=Z3868qotZ_A

Continue the discussion at forums.talkingpointsmemo.com

43 more replies

Participants

Avatar for cabchi Avatar for paulw Avatar for slbinva Avatar for littlegirlblue Avatar for sysprog Avatar for ajileye Avatar for clunkertruck Avatar for theod Avatar for losamigos Avatar for dont Avatar for sickneffintired Avatar for sparrowhawk Avatar for ralph_vonholst Avatar for lastroth Avatar for ignoreland Avatar for junebug Avatar for wnsrfr Avatar for rickjones Avatar for not_so_fluffy Avatar for spin Avatar for pablointhegazebo Avatar for csurz420 Avatar for outis Avatar for haddockbranzini

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: