Former President Donald Trump. Win McNamee/Getty Images
NYT reported that the Trump Organization is under investigation by the Westchester County District Attorney's Office.
The criminal investigation focuses on whether the company attempted to artificially lower its property value in order to pay less taxes.
This is the second New York-based criminal investigation into the Trump Organization.
The Westchester County District Attorney's Office recently subpoenaed records of the Trump National Golf Club in Westchester. The New York Times reported Wednesday.
According to the report, the investigation is centered on whether Trump Organization tried to lower its taxes by misleading local officials regarding the property's value.
This is the second criminal investigation in New York focusing on ex-President Donald Trump's business activities. After it was revealed that Trump had coordinated an illegal hush money payment to Stormy Daniels, an adult film star, the Manhattan district attorney's office launched an investigation into whether Trump Organization broke state laws.
In July, the Trump Organization and Chief Financial Officer Allen Weisselberg were charged by the DA with 15 felonies. They accuse him of grand larceny and tax fraud.
Prosecutors claimed that the alleged criminal conduct was part of a "sweeping, audacious payment scheme", and that Weisselberg did not pay tax on $1.7million of his income since March 2005.
Weisselberg, as well as the Trump Organization, pleaded not guilty. The charges were detailed in a 25-page Indictment.
According to The Times, Mimi Rocah (a Westchester County District Attorney and a Trump critic) has not charged anyone at Trump Organization with wrongdoing and no charges have been brought.
This is a developing story. Keep checking back for more updates.
Business Insider has the original article.
