The Manhattan District Attorney's Office has convened a second grand jury in its investigation of the Trump Organization, and CNN legal analyst Jeffrey Toobin said it appears as though investigators are looking into something that could implicate former President Donald Trump.
Toobin began by explaining that the criminal case against Trump Organization CFO Allen Weisselberg seems like an effort to get him to flip on his longtime boss rather than directly press charges on Trump himself.
"The Weisselberg case is really a small potatoes case," he said. "It is very bad news for Weisselberg personally, but the amounts of money it issued, the kinds of crime, paying for a car and not paying taxes on it, paying for tuition at his grandchildren's school, not paying taxes on it -- it is a criminal case but it is certainly not one that really implicates the former president."
Turning his attention to the new grand jury probe, however, Toobin argued that it's much more potentially perilous for Trump.
"The investigation of the double booking -- you know, giving one valuation to tax authorities, one valuation to banks -- that's a potentially much more serious case, also one that potentially implicates the former president," he said. "So it's a big deal, but we should, of course, say just because there is an investigation doesn't mean there are going to be any charges coming out of it."
Watch the video below.
'Potentially much more serious': CNN legal analyst breaks down new probe into Trump Organization www.youtube.com