Manhattan District Attorney Cyrus Vance Jr. reportedly convened a new grand jury in a case examining the finances of former President Donald Trump's business empire.
The grand jury, which could vote on criminal charges, is scheduled to meet three days a week and was scheduled to hear evidence on Thursday, sources told the Washington Post.
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One insider said the grand jury is expected to examine how the Trump Organization valued its assets. Neither Vance nor people associated with Trump have commented on the news that broke Thursday. The grand jury could stretch into the term of newly elected District Attorney Alvin Bragg.
The Trump Organization, Trump Payroll, and CFO Allen Weisselberg pleaded not guilty in July, following an earlier grand jury returning an indictment, to a 15-year tax fraud scheme. Weisselberg, 74, is accused of avoiding taxes on about $1.7 million in perks that should have been reported as income.
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Trump, who has not been charged with a crime in the case, has castigated Vance's investigation, as well as the inquiring efforts of New York Attorney General Letitia James, as being motivated by politics and said he was being targeted by a "Witch Hunt."