The Manhattan District Attorney’s office, which has been investigating criminal conduct within the Trump Organization and has been in a court fight to obtain the President’s tax records, subpoenaed Deutsche Bank last year, a sign that the criminal investigation into Trump’s business practices is more expansive than previously thought, according to the New York Times.
In a court filing this week, the D.A.’s office said they were investigating “extensive and protracted criminal conduct at the Trump Organization” including the possibility of bank and insurance fraud.
The subpoena was issued last year by prosecutors looking for financial records that Trump himself and his company provided the bank during the course of their decades long relationship.
Deutsche bank has been a frequent target of regulators who want to take aim at Trump’s finances—they’ve lent him more than $2 billion over the last 20 years—but Manhattan D.A. Cyrus Vance’s subpoena appears to be the first criminal inquiry into the presidents business with the German bank.
Deutsche Bank supplied Vance’s office with detailed records and financial statements relating to Trump’s loan applications over the course of several months last year.
The criminal investigation originally seemed to be focused on Trump’s personal and corporate tax returns in an effort to find alleged hush-money payments made to two women who claimed to have had affairs with Trump.