Manhattan District Attorney Alvin Bragg has “indefinitely” suspended a long-running probe into former President Donald Trump and his companies, according to a letter from a former prosecutor who recently resigned.
Mark Pomerantz and Carey Dunne, who were leading the investigation under former DA Cyrus Vance, turned in their resignations last month after Bragg began raising doubts about going forward with a case against Trump.
In his letter, Pomerantz noted that he disagreed with Bragg’s decision cut off the investigation.
“You have reached the decision not to go forward with the grand jury presentation and not to seek criminal charges at the present time,” Pomerantz noted in his resignation letter, which was first reported by the New York Times. “The investigation has been suspended indefinitely.”
“Of course, that is your decision to make,” . “I do not question your authority to make it, and I accept that you have made it sincerely.”
However, Pomerantz said that “a decision made in good faith may nevertheless be wrong.”
“I believe that your decision not to prosecute Donald Trump now, and on the existing record, is misguided and completely contrary to the public interest,” Pomerantz wrote. “I therefore cannot continue in my current position.”
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The now-former prosecutor noted further that he believed the former president is “guilty of numerous felony violations” and added that it would be a “grave failure of justice not to prosecute him.”
Pomerantz and Dunne both had previously agreed to remain on with the district attorney’s office after Vance’s term expired in January and Bragg took the helm. Reports said that Vance was moving towards indicting Trump, but for some reason did not do so despite his office spending nearly a year investigating Trump, a former resident of New York City.
At the time, Bragg said he was getting up to speed on the Trump investigation and vowed to “follow the facts,” Fox News reported.
“It’s a matter that’s personally, as you would imagine, on my radar screen and that I’m mindful of and paying attention to,” Bragg noted.
In any event, a source familiar with the investigation pushed back on Pomerantz’s claims that Trump is guilty of crimes.
The source pointed Fox News Digital to the former president’s “Statement of Financial Condition,” a report that details an entity’s assets, liabilities, and the ability to raise and use funds.
The source told Fox News that Trump did not artificially inflate his financial statements, as prosecutors anticipated or allege, but rather he actually undervalued his assets.
The source also told the network that the former president never defaulted on payments to banks, adding that his statement of financial condition included “caveats” which “refuted” claims by the DA’s office.