Thread by @Monaheart1229

NEW:
Uh oh!!!
Per WaPo:
Manhattan DA Cy Vance's office has convened a special grand jury in the Trump Organization case (& others)
This suggests Vance has found evidence of crime
Could indict Trump, his execs, Trump Org itself or a combo
washingtonpost.com/national-secur…

2/"Manhattan's district attorney has convened the grand jury that is expected to decide whether to indict .. Trump, other executives at his company or the business itself should prosecutors present the panel with criminal charges

3/"The panel was convened recently and will sit three days a week for six months. It is likely to hear several matters — not just the Trump case ­— during the duration of its term, which is longer than a traditional New York state grand-jury assignment, these people said.

4/"Like others, they spoke on the condition of anonymity to discuss an ongoing investigation. Generally, special grand juries such as this one are convened to participate in long-term matters rather than to hear evidence of crimes charged routinely.

5/"The move indicates that District Attorney Cyrus R. Vance Jr.’s investigation of the former president and his business has reached an advanced stage after more than two years. It suggests, too, that Vance believes he has found evidence of a crime .." ~WaPo

6/"Vance’s investigation is expansive, according to people familiar the probe and public disclosures made during related litigation. His investigators are scrutinizing Trump’s business practices before he was president, including whether the value of specific properties in the

7/"Trump Organization’s real estate portfolio were manipulated in a way that defrauded banks and insurance companies, and if any tax benefits were obtained illegally through unscrupulous asset valuation.

8/"The district attorney also is examining the compensation provided to top Trump Organization executives, people familiar with the matter have said.

9/"While extended-length grand juries like the one selected to hear evidence in the district attorney’s investigation can hear cases out of order and to varying levels of completion,

10/"it is likely that Trump-related testimony in the secret proceeding has already begun, said one of the people familiar with the matter.

11/"Adam S. Miller, who served as deputy bureau chief of the Major Economic Crimes Bureau in the Manhattan District Attorney’s Office before entering private practice in 2011, said such a “special grand jury”

12/"is “certainly not an uncommon thing to do with a large, technical and complicated investigation.” “It’s really for very complicated cases that have a lot of information for a grand jury to digest,”

13/"Miller said, noting that special grand juries can be extended beyond their initial term with a judge’s approval.

14/"It is unclear if prosecutors working under Vance intend to go through the entirety of their grand-jury presentation at once or if the proceeding may be interrupted for the panel to review other cases in between hearing from witnesses about the Trump Organization

15/"It is also unclear when or even if the grand jury will be asked to consider returning any indictments. Prosecutors handling cases such as this one can choose to present charges for the grand jury to consider — or not.

16/"A prosecutor’s grand-jury strategy is often a closely kept secret and can be subject to change. .. In the early stages, prosecutors may just use a grand jury’s power just to subpoena documents without offering charges for consideration.

17/"Roiphe said the recent step of seating a long-term panel shows that Vance’s investigation has progressed to the point that prosecutors will visit the grand jury, bring them evidence and witnesses, and potentially ask them to contemplate charges. .." ~excerpts WaPo