These are not good times for former U.S. President Donald Trump. After losing last November’s White House election to Joe Biden, he now faces a financially and politically crippling blow as his company faces possible criminal charges.

New York prosecutors are considering filing criminal charges against his family business this week in connection with taxes on lucrative benefits he gave to top executives, such as cars, school tuition or apartments. However, the charge would not be against the U.S. tycoon, but against the company as a legal entity, so it could bankrupt the company by damaging its relationships with banks and other business partners.

“The charges are absolutely outrageous and unprecedented, if the charges are filed at all. This is just to get back at Donald Trump,” said Ron Fischetti, a lawyer for the Trump Organization.

The investigation began after Trump’s former lawyer, Michael Cohen, paid hush money to two women who, despite the former president’s denials, claimed they had sex with him, prior to the 2016 presidential election.

Prosecutors are also examining whether the son of Allen Weisselberg, longtime chief financial officer of the Trump Organization, used one of the apartments in question at little or no cost. Also the Weisselberg family’s leased vehicles or their grandchildren’s school tuition. If there are any items that the prosecution deems illegal, the Weisselberg family could get into trouble. And perhaps, a conviction or sanction in a hypothetical trial would be reduced if Allen testifies against Trump and the former president’s children, which would get the former president in trouble as well.

New York state Attorney General Letitia James says she is assigning two attorneys to investigate alongside Vance, who is seeking “possibly extensive and prolonged criminal conduct.” James is investigating a $21.1 million tax deduction, as well as whether the company inflated the values of some properties to obtain better terms on loans, as well as lowering the values so it would have to pay less tax. Also under investigation is the purchase of Seven Springs, a 212-acre property outside Manhattan that Trump acquired in 1995.

“It’s a buzzword hunt, they’ll do anything to stop me,” the U.S. tycoon assured. “The Trump Organization has done things that are standard practice throughout the U.S. business community, and in no way is it a crime.”

Donald Trump is getting more lawsuits on top of these. The U.S. attorney’s office for the District of Columbia District, for example, is investigating the company for allegedly misusing more than $1 million for a use of event space at the Trump Hotel in Washington during the January 2017 inauguration of the 45th president of the United States.

“Having politically motivated prosecutors, people who were actually elected because they will get Donald Trump, is a very dangerous thing for our country. In the end, people will not tolerate it. Remember, if they can do this to me, they can do it to anybody!” concluded Donald Trump.

After four years in office which have not lacked any controversy, the Republican lost the election against the current President of the United States, Joe Biden. It was not until two months later that he accepted his defeat, assuming a possible illegal recount of votes. He intends to run as Republican leader and run for the 2024 presidential election.

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