Court documents: Mazars, Donald Trump’s accounting firm, cuts ties to the Trump Organization
WASHINGTON – Donald Trump’s long-time accounting firm – involved in a pair of investigations of the ex-president in New York state – has ended its relationship with his family business, according to court documents Monday.
The firm, Mazars, also said that a decade of Trump Organization financial statements “should no longer be relied upon,” said a document included in a court filing by New York Attorney General Letitia James.
James and the Manhattan district attorney’s office are investigating whether Trump’s company improperly inflated or deflated the values of its holdings in order to secure loans or lower its tax bills.
The document from the accounting firm, dated Feb. 9, was disclosed as part of the New York attorney general’s effort to question the former president, his son, Donald Trump Jr., and daughter, Ivanka Trump, as part of the state civil inquiry into the family’s business operations.
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In a written statement, the Trump Organization said it is “disappointed that Mazars has chosen to part ways,” but noted that the company did not identify any “material discrepancies” in its many statements of financial condition.
shadowing the former president.
James’ office has teamed with the Manhattan district attorney to investigate whether there is evidence that Trump, his business organization and members of his family violated the law by exaggerating or undervaluing the worth of various properties to obtain loans, lower taxes and other financial advantages.
According to the documents filed last month, investigators indicated that they had “obtained documents and testimony from numerous witnesses that were involved in creating and disseminating the misleading statements and omissions.”
more than 100 potential witnesses had been identified in that inquiry.
A congressional committee is also investigating Trump’s conduct in and around the Jan. 6, 2021, insurrection at the U.S. Capitol.
During a rally in Texas in late January, Trump protested all the investigations: “For years they’ve been going after my company. Many years. They’ve been using every trick in the book to literally, if they can, put me in jail. They wanna put me in jail!”
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