Company Owned by Trump’s Son-In-Law Faces Federal Grand Jury Subpoena

Wiki
image_pdfimage_print
New York: Federal prosecutors approved subpoenas to Kushner Companies based on a report by AP that found the real estate company repeatedly filed forms with the New York City Department of Buildings claiming they owned no rent-controlled apartment units while actually possessing hundreds of such units. The false filings allowed Kushner Companies to raise rents and, in turn, sell those buildings at a great profit two years later.

Real estate empire the Kushner Companies has been served with a grand jury subpoena relating to paperwork practices dating to the period when White House Senior Advisor and presidential son-in-law Jared Kushner served as CEO.

An Associated Press (AP) investigation last month revealed that the Kushner Companies repeatedly filed forms with the New York City Department of Buildings claiming they owned no rent-controlled units while actually possessing hundreds of such units in Queens, New York apartment buildings they purchased in 2015.

Those filings reportedly allowed the Kushner Companies to raise rents and, in turn, sell those buildings at a great profit two years later, at which point Jared was no longer at the company’s helm, but serving in the Trump administration alongside his wife, Ivanka Trump.

On Thursday, a grand jury serving under the auspices of federal prosecutors from the Brooklyn-based U.S. Attorney’s Office for the Eastern District of New York approved subpoenas based on that AP report, demanding documentation as to how the allegedly false forms were prepared and by whom.

The subpoena was first reported in the Wall Street Journal Friday. “Kushner Companies has nothing to hide and is cooperating fully with all legitimate requests for information, including this subpoena,” a Kushner spokeswoman told the Journal.

“We believe that this subpoena, which has already been complied with, was issued based solely on an article that appeared in the press the day before it was issued,” the spokeswoman continued in reference to the AP investigation.

In response to the original AP reporting, the Kushner Companies denied all wrongdoing. “[I]f mistakes or violations are identified, corrective action is taken immediately,” they said in a statement, claiming the allegedly false filings were prepared by a third party.

Read full article here…

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.

Recent stories & commentary

Classifieds

For classified advertising rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

For Sale

Ten Days at Jekyll Island, a novel by Patrea Patrick, tells the true story of a secret meeting held in November of 1910 on a privately owned resort island, the outcome of which drastically changed the world. It was at this meeting that a banking cartel was forged; a cartel that, three years later, would be issued a government charter to do business as The United States Federal Reserve System. You will discover why secrecy was essential. Based on historical documentation from The Creature from Jekyll Island by G. Edward Griffin. (More)

 


Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)

 


1
Leave a Reply

avatar
1 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
David James Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
David James
Guest
David James

Although I would not condone lying in order to obtain financial benefits, as what Kushners are being charged with, I am surprised that the “rent control” issue was not resolved long ago, being a terribly unconstitutional violation of contract law & any number of other classes of violations, dealing with placing restrictions on privately owned property.