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By Allan Smith
The New York Attorney General's Office Letitia James has issued subpoenas to Deutsche Bank and Investors Bank Monday night as part of a survey of a set of major Trump Organization projects and efforts to Donald Trump to buy the NFL Buffalo Bills in 2014, a source close to the survey revealed to NBC News.
With respect to Deutsche Bank, investigators have assigned files including loan applications, mortgages, lines of credit and other financing transactions in connection with the Trump International Hotel in Washington, Trump National Doral South Florida and the Trump International Hotel and Tower in Chicago. .
In addition, the investigators asked Deutsche Bank that the Trump company bought the Bills, which had earned it information, because it had communicated to the bank limited personal financial information in 2014, when it had tried to buy the team. The Bills were eventually sold to businessman Terry Pegula.
The New York Attorney General also summoned Investors Bank, a New Jersey-based financial institution, for documents related to Trump Park Avenue, a project she had supported.
The New York Times first reported on the probe.
Deutsche Bank said in a statement: "We remain committed to cooperating with authorized investigations". Investors Bank and the Trump organization did not immediately respond to NBC News's requests for comment.
Deutsche Bank has already found itself under the control of congressional investigators for its relations with the president. For years, the German-based bank has been one of the only major financial institutions to do business with Trump. Last year, the bank was scrutinized by New York's banking regulators, who finally took no action.
The latest investigation into the president's trade relations is the result of Congressional testimony by Michael Cohen, former president's lawyer. Late last month, Cohen testified under oath before the House Oversight Committee that Trump had inflated the value of his assets in the financial statements and had provided Congress with copies of the statements he had said that he had made. they had been sent to Deutsche Bank.
The latest James office survey is a civil investigation, as is the ongoing state investigation that led to the dissolution of the Trump Foundation, a charitable organization of the president. The New York law gives the Attorney General the general power to investigate companies for fraud.
James, a Democrat, is committed to thoroughly examining the President as part of his campaign platform. After her victory, she told NBC News that her office "will use all areas of law to investigate President Trump and his business transactions as well as those of his family."
Trump disagrees with James and his predecessors, Barbara Underwood and Eric Schneiderman, who resigned last year after being accused of mistreating women. The office has conducted extensive investigations into the president's charity, as well as Trump University, his late real estate education business.
On James, Trump tweeted in December she "openly campaigned on a GET TRUMP program".
"They will never be treated fairly by these people – a double standard of" justice "," he added.
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