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

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.

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  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

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