Politics

Two top prosecutors in probe of Trump Org resign from Manhattan DA's office

Key Points
  • Two of the top prosecutors leading the Manhattan district attorney's investigation into former President Donald Trump and his business have resigned, a spokeswoman for the DA's office confirmed to CNBC.
  • The resignations of Carey Dunne and Mark Pomerantz came Wednesday, following a monthlong pause in the prosecutors' presentation of evidence to a grand jury, according to The New York Times, which first reported the departures.
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Two prosecutors investigating Trump resign from Manhattan D.A.'s office

Two of the top prosecutors leading the Manhattan district attorney's investigation into former President Donald Trump and his business have resigned, a spokeswoman for the DA's office confirmed to CNBC on Wednesday.

The resignations of Carey Dunne and Mark Pomerantz came Wednesday, following a monthlong pause in the prosecutors' presentation of evidence to a grand jury, according to The New York Times, which first reported the departures.

"We are grateful for their service," said Danielle Filson, communications director for the DA's office, in a statement to CNBC. "The investigation is ongoing. We can't comment further."

Manhattan District Attorney Alvin Bragg speaks to supporters in New York, Nov. 2, 2021.
Craig Ruttle | AP

The resignations raised questions about the state of the DA's probe, with some experts suggesting the proceedings have been put on ice. The Times, citing people familiar with the matter, reported that Alvin Bragg, the new Manhattan district attorney, has indicated he has doubts about continuing to build a case against Trump.

New York Attorney General Letitia James' office is conducting a related criminal investigation into the Trump Organization, as well as a civil probe. Both offices are reportedly eyeing claims by Trump's former personal lawyer Michael Cohen that the Trump Organization fraudulently misstated its real estate valuations to get better tax and loan deals.

A person from the attorney general's office told CNBC that investigation "is still ongoing and there is a robust team in place working on it."

Pomerantz and Dunne did not immediately respond to CNBC's requests for comment.

In this Aug. 12, 2002 file photo, attorney Mark Pomerantz arrives at Federal Court in New York. New York prosecutors, including recently hired former mafia prosecutor Mark Pomerantz, have met for an eighth time with former Donald Trump attorney Michael Cohen as part of a criminal investigation of the former president's finances.
David Karp | AP

Pomerantz was recruited to the probe from private practice by then-Manhattan DA Cyrus Vance Jr. due to his expertise in white-collar cases, NBC News reported. He had taken part in interviewing witnesses, according to NBC.

Dunne had appeared in court last year during the arraignment of the Trump Organization and its former Chief Financial Officer Allen Weisselberg, who pleaded not guilty to criminal fraud and tax evasion charges.

"Contrary to the defense assertions, there's no clearer example of a company that should be held to criminal account," Dunne said at that arraignment.

Trump has not been charged or accused of wrongdoing.

Weisselberg and the Trump Organization on Tuesday asked a judge to dismiss the criminal charges against them, arguing that the prosecution is politically motivated, reports said.

Lawyers for Trump had made similar accusations against James last week as they argued before a New York judge that Trump should not be compelled to testify as part of the attorney general's probe.

But the judge ruled that Trump, as well as Donald Trump Jr. and Ivanka Trump, must comply with James' subpoenas for their testimony, saying "she has a clear right" to seek their answers under oath after uncovering "copious evidence of possible financial fraud."