Alexandria Ocasio-Cortez Gets Cohen to Admit Trump May Have Committed Felony Fraud
Under New York state law, filing a false insurance claim for more than $1 million is a class B felony. As Rep. Ocasio-Cortez pointed out, the fact that Trump may have intentionally inflated his assets to justify higher insurance claims than he was owed is worth additional investigation. Subpoenas for top Trump Organization officials like Chief Financial Officer Allen Weisselberg may be forthcoming to determine whether or not Trump did, in fact, defraud insurance companies by filing claims greater than the amount he would be owed based on the actual value of the insured property.
New York law stipulates that the maximum sentence for a nonviolent class B felony would be up to 25 years in prison. And because the alleged crime happened on a state level, Trump would not be able to pardon himself.