MSNBC’s Donny Deutsch believes federal prosecutors will topple the Trump Organization — and away take all the president’s money.
The “Morning Joe” contributor said the recent subpoena of President Donald Trump’s inauguration committee places the family business in legal jeopardy, and Vanity Fair reporter Emily Jane Fox, who like Deutsch speaks frequently with former Trump attorney Michael Cohen, agreed.
“It raises alarm bells,” Fox said. “Here’s why I think this is so damaging, why all the investigations in the Southern District (of New York) could be so damaging to the president for years to come. This investigation, in particular, it involves the Trump family, it involves the Trump Organization profiting off of his new position and it involves the early stages of his administration.”
“This is something that ties into all of the soft spots the president cares about,” she added, “and I don’t think it’s going away any time soon.”
Deutsch said the SDNY investigation was beginning to look like a Racketeer Influenced and Corrupt Organizations Act, or RICO, case.
“I’m going to throw out the term RICO,” Deutsch said. “(It) was introduced, basically, for mob bosses. Police said, ‘Okay, if somebody in your organization killed somebody we can pin it on you.'”
He said all the investigations into Trump and his family’s business and political activities could be tied together under a RICO investigation.
“(This) brings in everything from the charity to even Trump University,” Deutsch said. “You can bring back cases that have even been settled civilly, to money laundering, and you will see, I believe, and what you can also do with RICO, is you can seize assets.”
Deutsch predicted that federal prosecutors would destroy everything the president and his family had built through corruption.
“I think from here on in,” he said, “to the day Donald Trump dies, until those children are wherever they go, they will be picking apart this organization, because what they want to make an example of is this president who showed up and tried to undo 250 years of what our grandfathers fought for, and this organization will eventually be RICO’d and take the entire thing down. This is just the beginning.”