The two prosecutors at the lead of the Manhattan DA’s investigation into Donald Trump and his company have abruptly resigned this Wednesday – after having mysteriously stopped giving evidence to a grand jury one month ago, according to the NY Times, citing people with understanding of the matter, and putting the high-stakes inquiry in “serious doubt.”
The prosecutors, Mark F. Pomerantz and Carey R. Dunne, resigned after a new Manhattan DA, Alvin Bragg, gave his doubts about going forward with the case.
Now – with time vanishing for this grand jury, whose term will cease in April, and without Dunne – a veteran from the DA’s office who was closely involved with the new inquiry, “the years long investigation could go away.”
The sudden departures mean a dramatic change from January, when the Times said ‘significant activity connected to the investigation included at least two witnesses, with Trump’s accountant being inside for hours.
And then the case simply fizzled out.
That said, the ceasing of activity in the Manhattan DA case coincides with the increasing of NY A.G. Letitia James’ investigation, which is looking as the same alleged conduct by Donald Trump.
Last week, James got approval to question Donald Trump and members of his family under oath, and has issued documents which allege that the Trump Organization misrepresented the value of its real estate. According to one document, the company engaged in “misleading or fraudulent” practices. While James does not have the authority to criminally charge Donald Trump, she can instead sue him.
Trump has denied these allegations – accusing both James and Bragg of being politically motivated racists.
After Manhattan prosecutors started their indictments last year, prosecutors focused on Donald Trump’s net worth – suggesting he inflated this number in order to defraud its lenders.
Trump’s accounting firm, Mazars USA, broke ties from the Trump Organization and said it would no longer stand behind the decade of Trump’s statements. Mazars says it hasn’t found discrepancies between data provided by the Trump Organization and the real value of Trump’s assets.
That said, even with Mazars’ breaking ties, a criminal case is very unlikely according to the NY Times. Meanwhile, prosecutors were unable to convince Alan Weisselberg, the Trump CFO, to go along with the investigation.