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Transcripts for BBCNEWS BBC News 20220104 02:20:00

us. would you mind just, first of all, in a nutshell outlining what these charges amounted to? well, right now there aren t charges in the civil side, that is letitia james s investigation. there isjust an investigation. there isjust an investigation and what she is looking into is whether the trump organization basically inflated assets for purposes of securing loans and then deflated the serious name assets for purposes of paying taxes, which could amount to civil fraud. taxes, which could amount to civilfraud. nocs civilfraud, that means the only penalty would be paying, repayment, financial repayment. on the criminal side, we know already, that the drum organisation and the chief financial officer, allan white silber, have been indicted on the criminal side around similar allegations and those, of course, could produce jailtime. those, of course, could produce

Investigation
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America
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Letitia-james
Charges
Nutshell-outlining
Purposes
Assets
Organization
Loans
Nocs-civilfraud

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