My bet would be that the criminal case, if there's one, would more likely be for bank fraud.foreverlax wrote: ↑Fri Jan 31, 2020 5:36 pmAt this point, if his "taxes" are released and the forensic money guys can't nail him for money laundering or something similar, I really don't care any longer.njbill wrote: ↑Fri Jan 31, 2020 4:32 pm That will be interesting. At least one of the cases, maybe more, involves subpoenas to Trump’s accountant or bank, I think. Pretty sure the non-Trump entities have said they will comply. One of the cases arises from a New York State grand jury subpoena. One would think it would be less likely that the tax returns would leak in that case, but more likely if the House gets them.
I have been saying for a while now that Trump has really screwed this up. As it has turned out, his tax returns may get leaked this summer or fall. Had he released them shortly after he was elected in 2016, this would all be old news by now.
He already got away with his stocks for bond for a billion dollar write-off.
On second thought, I'd love to know how many times, and how much he has paid out...without admitting guilt.
Thousands and tens of millions has gotta be in the ball park.
Tax fraud is certainly possible, but the comparison between what he told the government and what he told the bankers is the most likely straightforward criminal issue.
That's what Cohen pointed to. The flip side, though, would be that if he told the banks the truth about his assets and income, he may well have defrauded the government by understating the same.
Cohen says they don't line up and that this was on purpose. He called it fraud.
I think 'money laundering' is gonna be difficult to prove from tax returns, but not impossible that they could provide a roadmap to track the sources of income, asset sales, etc. It likely requires some serious digging to look at various cut-out identities...on the other hand, the hubris of these guys may have led them to be sloppy.
But here's the thing...do we actually have confidence in how this SCOTUS will decide these issues...sure, it looks like a no-brainer but...