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Trump’s ‘corporate death’: New York’s attorney general has the power to kill the president’s businesses

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New York’s attorney general has turned her sweeping investigative powers to focus on the Trump Organization — which she has the power to potentially dissolve.

Attorney General Letitia James promised shortly after her November election to “use every area of the law” to investigate President Donald Trump, his family and associates, and his business, reported NBC News.

She recently issued subpoenas to banks seeking information about the Trump Organization and the president’s finances, which drew Twitter complaints from Trump, and legal experts say James has “broad power” to go after his business.

New York law allows the attorney general to seek restitution and damages — or even order dissolution — if a business is found to have engaged in persistent fraud, and the 1921 Martin Act could allow James to subpoena witnesses and documents without first receiving a referral from the governor or a state agency.

The Martin Act applies to almost any financial transaction conducted in the state, and has been used in the past to pursue securities fraud and other white-collar crimes that are typically handled by federal prosecutors.

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New York’s attorney general also holds, according to the state Supreme Court, the power to pass a “judgment of corporate death,” when a company’s crimes are deemed a “harm or menace to the public welfare.”

It’s not yet clear what crimes James is investigating, but she opened her probe into Trump’s banking after his former attorney Michael Cohen told Congress last month that the president had inflated the value of his assets in financial statements he submitted in loan applications, and a source told NBC News her investigation was moving quickly.

That, according to a former New York attorney general, could have potentially defrauded a financial institution or its investors and customers, and a former federal prosecutor said proving fraud should be extremely easy to prove if documents show Trump misled banks about his assets.

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Trump believes white nationalism is a winning strategy — because Fox News tells him so

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Donald Trump thinks white nationalism is going to win him the 2020 election. This much is clear. Trump's racist Twitter rant on Sunday — in which he suggested that four nonwhite congresswomen, three of whom were born in the United States, are "originally" from somewhere else and should therefore "go back" — might have seemed at first like a spontaneous eruption of racist rage from the simmering bigot in the White House.

Soon, however, it became clear that this was strategic. Trump thinks it's a winning move to echo the claims of David Duke and other white nationalists who believe the United States is for white people. He justified his racism by saying that "many people agree with me," and by continuing to rave on Twitter about how the real purveyors of "racist hatred" are those who look askance at his embracing the rhetoric of Stormfront and the KKK.

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Judge boots Roger Stone off all major social media platforms in expansion of gag order

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Trump ally Roger Stone, who is due to be tried on multiple charges ranging from obstruction of justice to witness tampering later this year, got slapped this week with an expanded gag order that barred him from using all major social media platforms.

The Washington Post reports that Judge Amy Berman Jackson increased the scope of Stone's gag order and ordered him to stop communicating publicly through Twitter, Facebook and Instagram.

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Jeffrey Epstein abused new victims while out on work release as part of controversial plea deal: lawyer

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Jeffrey Epstein took advantage of his controversial lenient plea deal to sexually abuse at least one victim while out on work release, according to a victim's attorney.

Lawyer Brad Edwards said the well-connected financier was permitted to have visitors while he was supposed to be working during his 13-month jail sentence, and he said Epstein manipulated at least one person into sexual activity, reported The Daily Beast.

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