Trump Takes Fifth During NY AG Deposition on Business Taxes
August 10, 2022, Manhattan, New York, NY, USA: Former U.S. President DONALD J. TRUMP, 76, gestures at supporters, with a clinched right fist held high as leaving his Manhattan residence at Trump Tower today. Trump invoked his Fifth Amendment protection against self-incrimination testifying at the NY attorney general’s long-running civil investigation into his business dealings today. Trump stated, “I once asked, ‘If you’re innocent, why are you taking the Fifth Amendment?’ Now I know the answer to that question. When your family, your company, and all the people in your orbit have become the targets of an unfounded politically motivated Witch Hunt supported by lawyers, prosecutors ... you have no choice.” Legal experts chimed in saying, answering questions in a deposition was risky because anything he said could potentially be used against him in a parallel criminal investigation by the Manhattan district attorney. The Fifth Amendment protects people from being compelled to be a witness against themselves in a criminal case. NY AG James, a Democrat, has said in court filings that her office has uncovered “significant” evidence that Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”James alleges the Trump Organization exaggerated the value of its holdings to impress lenders or misstated what land was worth to slash its tax burden. (Credit Image: © Niyi Fote/TheNEWS2 via ZUMA Press Wire)