New York authorities subpoena records from Trump Organization's insurer after Michael Cohen claimed president's company inflated asset values
Longtime Trump lawyer Michael Cohen testified that the Trump Organization 'inflated' its balance sheet and used it to its advantage He said the company achieved better insurance rates New York regulators have subpoenaed the insurance broker used by the company Subpoena seeks all communications between Aon and Trump / Trump Org. Move comes after the House Judiciary launched a flurry of document requests to Trump-related entities and individuals It sought documents from Trump Org. CFO Allen Weiselberg By Geoff Earle, Deputy U.s. Political Editor For Dailymail.com
Published: 23:19 GMT, 5 March 2019 | Updated: 00:39 GMT, 6 March 2019
Authorities in New York have subpoenaed the insurance brokerage firm that did business with the Trump Organization, following testimony by Michael Cohen that the company 'inflated' its balance sheet.
The subpoena issued by the state's Department of Financial Services seeks information on insurance broker Aon and its communications with President Trump and the Trump Organization, the New York Times reported.
The investigatory move comes days after longtime Trump lawyer Michael Cohen testified in Congress that Trump routinely boosted the value of his holdings in an effort to get better deals.
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