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The Trump Organization’s trusted external accounting firm has taken the unprecedented step of dropping its client, explaining that the former president’s family business has a decade of untrustworthy financial statements.

The explosive decision by Mazars USA – the accounting firm that has long worked with family and friends of former President Donald Trump – was revealed in court documents in New York on Monday.

The decision to drop Trump follows the aggressive move last month by New York Attorney General Letitia James to publicly file documents detailing what she called “significant evidence” of financial fraud.

The AG’s office is in the midst of two similar investigations into the Trump empire: a civil lawsuit exploring potential bank fraud by the company and a joint criminal investigation with the Manhattan District Attorney into allegations of tax evasion and of financial fraud.

As the criminal case unfolds quietly before a grand jury in New York, Monday’s revelations stem from the AG’s civil lawsuit, which is seeking to force Trump and two of his adult children to testify about business dealings.

In a letter to the Trump Organization on Feb. 9, the U.S. arm of global accounting firm Mazars told the company that Donald J. Trump’s “statements of financial condition” from 2011 through 2020 “should no longer be relied upon.” and you must inform all recipients… that these documents should not be relied upon.The firm explained that the decision was made in light of the revelations of the AG as well as “our own investigation”.

The letter continues to sever all future business ties. “We have also reached the point where there is an irrevocable conflict of interest with the Trump Organization,” Mazars wrote. “As a result, we are unable to provide any new work product to the Trump Organization.”

The AG’s office, which got its hands on the letter, filed it in court to bolster its case that Trump, Ivanka Trump and Don Jr. should be forced to testify about the fact that so many plans to Family real estate development and properties had wildly fluctuating values. it seemed high whenever they needed loans, but low whenever it came time to pay taxes.

The Trump Organization did not immediately respond to a request for comment.

The letter also alluded to another matter that criminal investigators have been reviewing with the Manhattan district attorney’s office: an apartment in the Trump Building in New York that was provided to Matt Calamari Jr., a family insider who is now the company’s director of security.

Junior, the son of the Trump Organization’s chief operating officer, Matthew Calamari Sr., was granted immunity from criminal prosecution when he testified before the grand jury investigating corporate benefits such as than corporate apartments, which may have violated tax laws, according to a direct source. knowledge of his testimony.

In the company’s February 9 letter, Mazars General Counsel William J. Kelly described how accountants had not yet been able to complete the preparation of tax documents for the former president and first lady. , Melania, because they hadn’t answered questions about Calamari Jr. benefits.

“We believe the only information remaining to complete these statements is information regarding Matt Calimari Jr.’s apartment. As you know, Donald Bender has been requesting this information for several months but has not received it,” Kelly wrote.

Donald Bender, a partner at Mazars, was the trusted accountant to Trump and his lieutenants for years, a role that has since come to the attention of law enforcement, according to sources with direct knowledge of the transactions and ongoing investigations.

Mazars has found itself in the spotlight since at least 2016, when Trump successfully ran for president but broke with tradition and refused to release his tax returns. The firm successfully blocked Trump’s tax returns from seeing the light of day, receiving widespread rebukes in the process. And the precedent-setting Supreme Court fight that ultimately handed over those tax documents to the Manhattan prosecutor, but not Congress, is named after the company.