- The grand jury will sit three times a week for the next six months in New York
- Grand jury will also weigh charges against other Trump Organization executives
- He has been accused of inflating values of his assets for tax benefits
- Trump is facing two investigations into his business practices at state level
- He has denied wrongdoing and says the probes are just further examples of Democratic witch hunts
Manhattan prosecutors have convened the grand jury that will weigh criminal charges against Donald Trump, according to reports Monday.
The Washington Post reported that the grand jury will also consider whether other Trump Organization executives or the business itself will be prosecuted.
Investigators are looking into whether his business manipulated the value of his real estate portfolio to defraud banks and insurance companies and if any tax benefits were obtained through the evaluations.
The president has denied any wrongdoing and believes all the investigations into him are just further examples of Democratic witch hunts.
The Post reported that the panel will sit for three days a week for roughly six months.
The members on the panel will hear a number of cases, which is traditional with New York State grand juries. They aren’t convened on a case-by-case basis.
Trump is facing two investigations into his business practices in New York.
The convening of the grand jury is the latest development in Manhattan District Attorney Cy Vance’s case against the former president which has picked up steam in the last two weeks.
It also indicates Vance may have evidence of criminality against Trump.
Democratic New York Attorney General Letitia James has also announced that her civil investigation into Trump’s business conduct has turned criminal.
She claims Trump manipulated the value of his assets to mislead tax authorities and lenders.