good day, i'm chris jansing. we start with the unpress dependented announcement from the new york attorney general just about 90 minutes ago that she's filing a lawsuit against former president trump, donald trump jr., ivanka trump and eric trump and the trump organization for what she describes as a deliberate pattern of bank, tax and insurance fraud going back years identifying more than 200 alleged violations that include trump allegedly falsely doubling, tripling or even more the values of his properties to gain financial advantage. >> fraud and deception used by

trump for their own financial benefit ises a toupding. the values of asset bis whatever means necessary to increase trump's reported net worth. >> the lawsuit seeks roughly a quarter billion dollars in penalties and seeks to bar trump and his children from serving as executives at any company in new york. and while this is a civil case, criminal charges could be next. the attorney general said her office is making criminal referrals to both the irs and the u.s. attorney in the sosh district for possible federal crimes. >> every day people cannot lie to a bank about how much money they have in order to get a favorable loan to buy a home or send their kid to college. if they did, the government would throw the book at them. why should this be any different? it is a tale of two justice

systems. one for every day working people, one for the elite. >> a statement sent from trufr's attorney to nbc news says in part, quote, today's filing is neither focused on the facts nor the law, rather it is solely focused on advancing the attorney general's political agenda. we look forward to defending our client against each and every one of the attorney general's meritless claims. i want to bring in a big panel. chief white house correspondent kristen welker, tom winter, nbc news correspondent for investigations, carol linig is from "washington post," charlie sykes, editor at large of the bull work, david is ab investigative reporter for "the new york times." so much to get to here. tom, first of all, you and i ran

into each other on the street. you had a snens something was going on opinion i watched the press conference and andrea's coverage. you were both part of that. i was trying to wrap my head around the depth of these allegations thatlity sha james is saying a former president of the yielts had a years long pattern not just of misrepresenting his net worth, misrepresenting the value of property, misrepresenting the size of properties, but doing it in a way that almost boggles the mind. >> right. let's talk numbers here. we're talking about according to her billions of dollars that he misrepresented himself as far as the wealth that he had over a series of properties and representations to banks, in his fax file, insurance companies over the years. we're talking about to 0 instances of fraud according to her and her compliant over the last ten years. we're talking about a potential penalty here essentially

everything that he has earned that she says he illegally earned $250 million is the trump ha could have to write if the lawsuit goes through depending upon what a judge signs, we're talking about whether it be his triplex a few blocks from us here in trump tower, it's approximate 10,000 square feet. he said it was 30,000 square feet. if sold would sell for a number per square foot that had never been heard in new york city. or mar-a-lago, she says based on the $25 million in revenue that it receives and based on the value of the property of what can and more importantly cannot be constructed there, the value according to her office $75 million. the value according to trump, $750 million. so these are wide differences in valuations. the penalties here not only is that the $250 million potentially that i talked about, we're talking about never having to be able to do business in new york state again. on top of that, not being able to apply for loans for five

years for any bank that's registered to the new york department of finance, which ooip trying to findbacks that aren't registered to the department of finance. so it could be potentially very difficult for trump to continue to fund his operations going forward. so drilling into the details of that and how that may flush out, either way, the scope of of the fraud here is significant according to the attorney general and according to her continued up through 2020 after michael cohen testified in congress in 2019, which is when she says she began this investigation. >> i'm going to get into some of those specifics that you mentioned. david, since you have been corring this for a long time, it's no surprise she talked about doing it when she ran for attorney general. we know about the depositions. we have known taking the fifth. but when you look at these 222 pages and when you look at the

detail that letitia james went into, is this a surprise? >> it is. even to me, who spent years trying to look at the individual properties both to understand what trump had done and to understand the scope of her investigation, she said there's more than 20 properties, more than 200 examples of this. there's a lot more than even i suspected. i can figure it out with her subpoena power. she's found out a lot more than i even knew to look for. even i was surprised by some of the things she found. >> i want to bring in joyce vance, law professor at the university of alabama and an msnbc legal analyst. i'm sure you heard of people.com this. get a letter loan term, but here's what's alleged. very brazen. letitia james says donald trump grossly inflated the values of his properties, but here's just one example.

>> trump's try ple, the one on trump tower. trump represented that his apartment spanned more than 30,000 square feet, which was the basis for valuing the apartment. in reality, the apartment had an area of less than 11,000 square feet, something that trump was well aware of. base the on that inflated square footage, the value of the apartment in 2015 and 2016 was $327 million. to this date, no apartment in new york city has ever sold for close to all the. tripling the size of the apartment for purposes of the valuation was intentional and deliberate fraud. not an honest mistake. >> what strikes me about those kinds of examples, these are easily checked. somebody can come to my house,

kristen's house and tell you pretty quickly what's the square footage. it doesn't take a lot to know how much something is worth, either valuations are done all the time, people are given or denied mortgages or loans based on those kinds of things. what do you make of some of the specifics of what we're seeing in this lawsuit? >> i think anyone who has uncovered more fraud that be david, who had has done amazing reporting on this over the years, that's really a hats off to the investigation that james' office has done in this regard. your point is, doesn't trump get a pass because anybody could have checked the financial statements that he was sending in? james said there were over 200 fraudulent financial statements during this ten-year period. the answer is that while any of these entities could have and

certainly banks had some sort of due diligence to do it, that doesn't in any way mitigate the former president's culpability. under new york's laws, james has the authority to investigate any sort of persistent pattern of fraud or illegality. we heard some of this in the press conference. federal crimes that she wouldn't have the ability to enforce at state crimes. the purpose of new york's blue sky law is to prohibit any company that engages in criminal conduct and conduct that's dalk damaging to folks who live in new york to prohibit them from continuing operations in the state. you can see how this all plays in with these very specific examples she's brought forward in the case of the trump tower apartment. she even talked about how the appraisers violation or the appraisers estimation of value was exceeded by two to three times what their estimate was. yet in these statements that were turned in, the trump folks

pegged the valuation to the appraisers work. so there's some very clear examples of i'll say problems rather than criminality here. and they still have to be submitted to a court. there has to be a fact-finding process before any form of penalty is extracted from the trump organization. nonetheless, this is a strong and a very compelling presentation of evidence in this complaint, which exceeds 200 pages. so i'm not all the way through it yet. >> i will tell you i'm not either. i'm going to guess i'm not even close to having gone through as much of it as you have at this point. ari, i don't know how much you have had ab opportunity. there you are. so i to be the know how much you have had a chance to look at it, but i'm assuming you have had a chance to listen to the press conference. what strikes you when you look again at the breadth and depth of these allegations.

>> i think as you have bye-bye discussing, the breadth and depth, it's not a one off. it doesn't look like a mistake. there's a lot of evidence here over the 220 pages of specific property, specific misrepresentation, specific times they were put on notice by experts or the very people that the company went to to say what is this worth, what should we do. and then according to the narrative at least in this lawsuit, and i have emphasized our reporting, that trump will have a chance to answer this in court, but the evidence suggests they didn't care. they said, no, we're just going to put in what we want. we're going to maximize on every transaction, every interaction, we're going to lie about things as basic as square footage. so that's bad for them. that jumps out. the other thing that jumps out is the criminal referrals. donald trump has his hands full with security-related probe where they seized illegally obtained security documents in

mar-a-lago. there's an open probe into the january 6th investigation with doj and in georgia, where his own aids have been served target letters that they might be indicted. and now he has the prospect, at least according to theed attorney general's office of what they recommend, which is two other federal proebs. so those offices will have to determine that as well. so my view is basically of all the things that letitia james could do under her powers in the civil role of this attorney general, she's done everything she can and she said it goes beyond what she can and that's why she's calling in the feds. >> david, she said this barely scratches the surface. what dwrou make of that? >> i was really interested in that topic. and her referrals to the federal prosecutors. you may call there's a criminal investigation under state law, but that seems to have stalled, according to to reporting by my colleagues. one of the problems is that new

york state law is written to prosecute bank fraud. what she's done is say we think we found bank fraud. now it's your turn. i found that an interesting prospect. we don't know if the doj is going to follow up. >> we do know this is at least part of what started it. that was michael cohen's testimony. let's take a olympic. listen. >> provide inflated assets to an insurance company? >> yes. >> who else knows that the president did this? >> alan woois theburg and matthew kal ma ri. >> weisselberg was mentioned here. something that simple really touched off something this big or what feels this big. >> yeah, it's a great question.

because the question was under oath. they had given multiple responses. he had been playing defense for trump. but then he also did some jail time. so that question and that pattern is really the predicate for much of this. so i think what you see with letitia james is saying they went deliberately. they went at times slowly, folks ask why does it take so long. she afforded donald trump all his rights. he invoked the right of the fifth amendment not to incriminate himself. he was held in contempt civilly and paying fines for that. so she said, hey, if you have a side of the story to tell, if you disagree with what we just heard there from cohen under oath and the other evidence, let's hear it. for example, someone might say they repeatedly misled by their staff or aids, but they didn't mean to do it this. or say looking back at this, i should have done it differently. that happens in a lot of irs

cases when people cooperate and say i will give some money back because it does look like something was off a few years ago. he did not do that. he fought her every step of the way and sat down face to face for hours invoking the fifth and refusing to provide a response. so yes, what cohen testified to with the congresswoman was asking about, what the trump organization has not found a good answer on is all at issue in this trial. as your other guest guests mentioned, you have an open da case where the chief financial officer is convicted, is guilty. >> and served time. >> and serving time. so what swirls around all this is anyone else going to get in trouble because it's not weisselberg org. that's not the name of the company. >> we'll go back to the legality of all this and there's more to dig into. we know that donald trump so associates who he is with away

he has. his net worth, his holdsings, he loves to talk about the places he owns. and for financial reasons, get publicity for the places he owns. he loves to be on the cover of magazines. what do you think this means for trump himself? >> i think it adds another prong aimed at donald trump from all sorts of legal fields. state, local, criminal, federal, national security, how many more investigations can donald trump be at the center of. i would just say that i want to emphasize something about michael cohen's testimony. his break with donald trump was important for lots of reasons. and it did spur letitia james' investigation. one of the most crucial

investigations of cohen's testimony was essentially right at the heart of intention, possible criminal intent. this will come up if the department of justice decides to pick this up. either at the irs level or at main justice. cohen said that the information that donald trump gave about the square footage, the valuation, the amount of sales he had at a particular property, all of those were inflated when it behooved him financially. they were deflated when it behooved him financially. in other words, for the irs, it might be good to say something was worth less money. to the customer who is coming to buy or the bank that's considering giving you a loan, it might be a good dwrod say it was worth a lot more. it's that criminal intent, the knowing that you're telling people one thing if it helps you financially and you're telling them the opposite if it helps on another score of the ledger. and i think that's where letitia

james has some information, but there's quite a bit more according to michael cohen. it's also at the heart of what his children were almost charged with many, many years ago when the manhattan da considered bringing a criminal case against them. for them falsifying information toer perspective clients and to clients about the value, the salability, the market forces around property they were trying to sell or push. and that was a huge problem for them and it could end up being a much larger problem for donald trump. i don't think he's going to change his stripes in terms of his reaction to this. he's going to continue to fight it as hard as he can. it's not going to be sensible to us this has changed his life, but it's another war front he has to fight. and it's got a lot of teeth and a lot of of bad facts. >> you wonder how many fronts on

the war you can fight at once. we'll go back to that. but kristen welker, you covered him from the other side when he ran for president. you covered his white house. you know a lot of people in his circle. we have seen some statements from his spokesperson. have we heard from donald trump himself? >> we are just hearing from him on his social media website. he described himself as that. let me read you a little bit of what he posted just moments ago. he describes this as another witch hunt by a racist attorney general. he's called her racist in the past, who failed in her run for governor getting almost zero support from the public and is now doing poorly against michael henry. he's trying to speak to the politics of this moment. i never thought this case would be brought until i saw her really bad poll numbers. she's a fraud who campaigned on a get trump platform, despite the fact that the city is one of the crime and murder disasters of the world under her watch. in a second tweet, he calls her

a failed a.g. whose lack of talent in the fight against crime is causing record numbers of people and companies to flee new york. >> he's so consistent. >> the reason why i raise that and why i read all of that to you is because that's a strategy that we are seeing not just from the former president, but trump organization trying to put the focus on crime rates in new york to try to distract from this issue today. i think you'll see a lot more of that from the former president from his allies. but just big picture here and this speaks to something ari was talking about. he's currently at the center of an impressive legal fire storm. not just this development. today there are a number of other investigations swirling around him, including by the justice department for those classified documents at mar-a-lago. the january 6th committee, which by the way said it is hoping to hold another hearing next week. and so it's on and on.

there's also one in georgia, potential election fraud claims. so this is yet another just unprcedented data point. it comes against the backdrop where. we're less than two months of the midterms and this is going to put republican candidates in a tough spot. they are going to asked to respond to this. they are going to have to figure out how fine of a line will they walk as it relates to the former president. we're seeing his approval ratings drop, including among republicans so politically speaking, this could be problematic. what does it mean for 2024 bye-bye? this spirling about a spekd bid for the white house. will he get into the race again. will this help or hurt, we'll see. >> to pick up on a point that kristen raised about the investigations that the former president now faces and it feels like we have been talking about donald trump and the word investigation together here for nearly six or seven years. that has been the case starting back with the special counsel's probe into russian interference.

a lot of these investigations are starting to come to a conclusion. trump has been deposed along with his kids. we have an ongoing investigation involving classified documents at mar-a-lago. but a special master is starting their review of that at the conclusion of that review. the justice department may have decisions to make. that will be passed the miterms if they are going to follow any guidelines. it's not a rule per se, but after that, they will be able to potentially have some charging decisions to make at that point, whether or not the president is actually charged. that remains to be seen. the georgia probe looks like it's kind of coming towards maybe not quite the finish line, but certainly the sixth or seventh inning. when you look at all of this, the seemingly endless investigations and multiyear investigations are really starting to come to a point here in clarity. >> just to make one more point while all of this is swirling around the former president,

this search at mar-a-lago has really struck a nerve with him, with a number of his supporters. and the early reports were that it actually galvanized supporters around the former president. that this was energizing his core supporters. in the early days, my reporting showed anecdotally it started to bring some detractors back into the fold. they felt defensive of him. now we are several weeks out from that. and i think that the political winds are shifting a little bit. and just big picture, this is the last thing that republicans want to be talking about this close to the midterms. they want to be talking about pocketbook issues. they don't want to be talking about yet another legal challenge. >> and remember what letitia james said a couple times that no one is above the law, which is an important message they are trying to get out. >> i have to do a quick fact check on the president's statement. he talks about the rampant crime

in new york city. crime has been on the rise the past couple years. it started before the pandemic. there's a number of reasons for that. if you murder somebody or steal from somebody in new york city, that does not go to the attorney general's office. that's something for the district attorneys and the five boar borrows. they can look into civil matters. that's the reason we're here talking. just as a fact check, it has nothing to do with what her office does. >> you learned monday about the way trump reacted. as this legal pressure gets more and more intense. threats of violence. you said, quote, i regret to tell you that the worst is yet to come. what were you saying? >> well, here you have a president who is prepared to try to intimidate the department of justice. he's playing the victim card. he's rallying his base and prepared to burn it all down, if

he's held legally accountable. you're seeing this with his counterpunching right now. i think that if anyone thinks that this will be the moment that will sober up republicans, it may embarrass them, but they are not going to break with him right now. he simply intensifies everything that's happening. and i had a couple thoughts about pull the lens back. david is right that this specific details are not surprising. i mean, the specific details are surprising. they are dazzling details, but the larger picture is that no one is surprised to find out that donald trump is a fraudster. he's a serial liar. he's built his financial empire and his political career on a throne of lies. and letitia james talked about the justice system and the reality is the objective reality is that up until now, there has been a two-tiered system that

donald trump has been above the law. i'm not criticizing the speed of this investigation, but think back about all the years and all the decades and all the district attorneys and all the attorney generals, all of the investigations, none of them have held donald trump accountable for something that was widely known. which was that he was engaging in these kinds of fraudulent practices. if i said, if i claimed to a bank that my house where i am broadcasting from now was worth $had 10 million and i borrowed all kinds of money against it, i could have led a marvelous lifestyle, but i would probably be in prison right now. donald trump has been doing this not just for months, not just for years, but for decades. and until now, he has not been held to the standard that other working class new yorkers or americans would have been held to. so it is an extraordinary moment how all of this is coming together right now. and really no one should be

surprised about it at this point. >> worth repeating, as we said several times throughout the coverage, this is a civil case, but the attorney general also talked about criminal referrals. here's more from the presser. >> show they violated several state criminal laws, including falsifying business records, issuing false financial statements, insurance fraud, and engaging in a conspiracy to commit each of these state law violations. we believe the conduct alleged in this action also violates federal criminal law, including issuing false statements to financial institutions and bank fraud. we are referring those criminal violations that we have uncovered to the united states attorney for the southern district of new york and the internal revenue service.

>> carol brought up criminal intent. what will the southern district look at if they are going to decide? so far when we asked for a comment, they have declined to comment. but what will they look at to decide whether or not to follow up on this? >> i think they are asking right now the question that scares donald trump the most. he has been through the court system a lot. he cares a lot more about cases that could land someone in jail, like weisselberg, or potential ly himself than anything else. we have even seen with his lawyer, he stiffed many lawyer when is he needs a good criminal defense lawyer when there's prison on the time, he wises up. so prosecutors here in the doj are now holding this hot potato from the state attorney general. they are going to have to decide, and sdny on any fraud or business activities in new york

and at irs, which we believe has been aware of this for some time, they are going to have to decide when they get the referral. is there enough here to open an investigation or not. if they open that investigation, they have to decide whether to act on it. if they charge someone, we would hear about that. if they decide not to, then they have to determine whether to announce that. >> the irs criminal division is not somebody you want to necessarily have to go toe to toe with. but is that a kind of more straight forward case than the southern district would have or is that an oversimplification? >> i could expect to see the southern district and the tax division working hand in hand on a matter like this. something that's perplexing here, none of the baseline facts that would have led doj to open an investigation years ago are unknown. southern district had michael cohen in its courtrooms, convicted him, sentenced him to

prison. this was available. fds we don't know whether doj engaged in some form of investigation and zeroed it out because they lacked sufficient evidence. perhaps they didn't have evidence linking the former president or evidence of his state of mind. and it maybe possible that james has stumbled upon additional evidence that will cause them to reinvigorate this investigation. i think your assessment is dead on the money that the tax charges can be the most straight forward ones in situations like this. but james also specifically mentioned bank fraud. and it prohibits anyone who attempts to execute or executes a scheme to defraud a bank, which is pretty much the core conduct here. this effort of to monkey with valuation on property in an effort to be anyone to obtain loans at more favorable sorts of situations than you might otherwise be able to obtain

them, to pump up your financial net worth to help yourself out in financial transactions. thaps really the core of many of the bank fraud cases that the justice department brings every year. and that's the other half. it's like two flip sides of the coin. on one side you have the bank fraud. the other side uft tax fraud where trump manipulated property values to pay a lower amount of taxes. and if there is some sort of reinvigorated verdicts i would expect them to go forward hand in hand. >> i know you have to go. thank you both very much. the rest are sticking around with us. we have much more ahead regarding president trump and the attorney general's lawsuit announcement, right after this. you're watching "chris jansing reports," only on msnbc. g "chrig reports," only on msnbc. ♪ ♪ ♪ ♪

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we are back continuing to cover the breaking news that the new york attorney general is sue

ing former president trump, three of his children and their company trump org alleging large-scale business fraud. back with me is chief white house correspondent kristen welker, tom winter, carol linig, national reporter for "the washington post," charlie sykes, editor at large of the bull work, and david is an investigator for "the new york times." also joining us now is carol lam, former u.s. attorney for the southern district of california. david, so the a.g., among the many other things she said, she wants to make it so the trump can't run businesses in new york anymore. how would that work? i think she was asked this question, could they just move their business operations to florida? >> so this actually is funny. it reminds me of the outcome of the case i wrote about with the trump foundation. the end of that case, he was barred from serving as an officer of any charity in new york state.

this is much more important. the sanctions she's seeking would not only prevent him from being an officer, but there are provisions that keep them from just moving to florida and continuing to do business in new york. there's a provision against buying real estate in new york and entering the financial transaction with banks that are licensed in new york. so you can move the business to florida, but it's going to be really hard to get money torks get loans if you can't deal with anybody to license in new york. they have to choose between the core of their business in new york and doing business with you. that's one of the most important outcomes. >> we did hear a lot from letitia james, but in terms of this the specifics, i don't know how much of the pages you have had an opportunity to go through. but how much evidence is there? what's in there that struck you?

>> one of the things we previously talked about is had this idea that it's not a he said, he said investigation, but now having a chance to go through some of the 222-panl civil complaint here, you see specific quotes. they have e-mails or the notes to paint a picture. i was going through one property where they have communications with how they were appraising a specific property. you're not necessarily having to rely on what did kristen say before the grand jury. they have their e-mails realtime and can piece together kind of the machinations of how some of these deals came together whether it be loans or insurance issues. i think when they look at it, they have probably at least on its face, and we still need to hear from trump's attorneys. they haven't had a chance to file their response, but it does appear they have some really good evidence in the forms of hard communication that they can rely on.

>> the attorney general said she's open to negotiations. she said my door is always open. that was the phrase she used. she redacted one offer to settle. what would something like that look like, that negotiation, and would you expect it to seriously happen? >> it makes me think of some of of the cases where the department of justice has had, as tom pointed out, incredible documentary evidence of a corporation engaged in a long-term scheme and pattern. i'm thinking of volkswagen pretending that its sensors for carbon monoxide were capturing all the dirty air flee floeing from the vehicles when they had jiggered with them so they would not give an accurate reading. when the department of justice found that pattern, they reached an agreement, which was boat loads of money in payments by volkswagen. and also agreements for what i would call restoration. efforts to improve the climate,

donations, and also agreements for also certain officers engaged in this behavior not to be continued as officers. so you can see like a possibility that trump org might reach that kind of deal, both backward looking and forward looking. but it's conceptual because i have never seen donald trump reach a settlement until he's all the way in the back of the corner and has nothing left to fight with. >> david, the attorney general did not answer one question. i think i was raising that a little bit earlier with joyce, which is how he was able, if all of this is so, how was he able to get away with this for so long? how was he able to defraud some of the biggest banks? it's one thing to have people whether they are whatever they are, who say okay, i'll go along

with this. but it's another thing all of us know in our lives of people who either have had an irs audit or who have gone to a bank, as i mentioned before, to try to get a mortgage. you can't say that. how did he do it? >> i think there are three factors i would point out. one, the fact that the company is extremely insular. it's not a public company. it doesn't give out public information. but the people who run it are direct blood relatives of trump or people that have been there for 30 or 40 years. it's a very small set of people who don't leave. new people don't come in. that's part of it. it's easier to keep secrets that way. the trump organization was small. it was not the world's biggest new york real estate. it was one of the most famous because he was such a great self-promoter, but it was not that big or important. if you were going to try to take down the biggest organization in

new york, you wouldn't go after them. they flew under the radar in a weird sense, even as trump was such a prominent figure, because the company wasn't that important. they swam in waters where some kind of exaggeration in the world of real estate is normal. people know there's some sort of give in evaluations of properties. they just went far beyond that normal range. that's why they are going to be in trouble now. >> so pull back the curtain a little bit. because you have been in this position. what is going to be going on in the hours and days and weeks to come as letitia james says, here, i have a case for you. take a look. >> it's important to point out, a reminder that this is a civil case, not a criminal case. so the processes are very different when you have a civil case that has been brought. so what happens from this point on is the judge when the case is assigned to a judge will set a schedule. then there will be a schedule

set for bringing certain motions. one of the things that happens is that discovery takes place. so the government has to turn over the evidence to the other side and this is takes a lot of time. both sides will probably agree this is very complex matter. so we are looking at some runway here as you go ahead go ahead. but i do think that the size, the scope, the scale of this complaint is very important because i think that letitia james has set into motion the possibility that other authorities are going pick up on what she's done. >> i want to bring in vaughn hilliard, who is outside trump tower. we have been talking about the fact this isn't the first time there's been a suggestion that there could be charges brought against trump org. but didn't happen. what's the reaction of former prosecutors in the manhattan da's office? there was a lot of frustration from them that they were left

out of the equation. >> right, it was noticeable in the press conference there that she referred to this to the u.s. attorneys office as well as the irs to investigate. who she left out was manhattan district attorney, this is the district attorney who has come under focus. it was a year ago in the summer of 2021 when the previous district attorney filed those charges, those criminal charges against alan weisselberg, who has been the chief financial officer of the trump organization. he started working for the company in 1973. filed charges against weisselberg, but also the trump organization. the question was would that investigation ever amount to criminal charges against donald trump and/or his children. it was earlier this year when two leading prosecutors in the office working on that case resigned. one of them writing that they

believe they had enough evidence to press charges against donald trump. yet they have not done that to date. that's where you saw james refer her findings, the attorney general's findings to the u.s. attorney's office and the irs. it's notable. in the last ten minute, we have a statement from manhattan d.a. he says, our criminal investigation concerning former president trump, the trump orgs and its leadership is active and ongoing. in that press conference, she was asked whether she would cooperate with his investigation. she said that she would. now just a couple weeks from now, one month from now, is when a driel will begin. a jury will begin to be selected relating back to those 2021 charges from the da office against the trump organization. that's going to play out just one month from now. >> just to add a little bit to that reporting from vaughn. when you look at this, it's important actually at the bottom of the weisselberg plea

agreement. it is signed by a member of the attorney general's staff. so she doesn't need to refer anything to them. they are already working together. they have been working together on a lot of this over the course of the past couple years. so the referral, i think from a report that the referral was to federal authorities, i think the idea there is that there's some specific federal statutes that exist that don't exist in new york state law that might be applicable to some of the conduct that james alleges here today. so particularly when we talk about taxes, when we file our taxes, we file them to the state or perhaps a local municipality as well as to the rs. that's something that the irs' federal prosecutors could look at. that's why it makes sense to me based on her findings that there's the potential, it's not a guarantee, a potential for violations of federal law and that's why they moved it to the u.s. attorney's office and the irs versus going to brag's

office who they are working with. >> we talked a lot about the fact that there's so many other investigations going on. and i just want to play part of what the former president told news max. i think it was just last night about one of those other topics, which is the fbi search of mar-a-lago. take a listen. >> mr. president, we keep hearing about video recordings at mar-a-lago that would have captured the raid. have you had conversations about releasing that footage? >> yes, we have. and they would rather have me not do it because of the safety of the fbi agents that swarmed the place. it looks like a military coup. it's not a pretty picture. they wanted -- for the safety of the people on the footage, it's very clear. for the safety of the people that are on the footage, they have asked us not to put it out.

but we to have it, yeah. >> i bring that up because he does seem to be again consistently using a strategy here, deny, divert. it's what he does. without answering any specifics of the charges. >> it also engages in that trump innuendo where they swarmed mar-a-lago like a military coup. so he's concerned for their safety and the other sense he's describing them as an insur rest ix. this is part of his punchback strategy. it's worth highlighting he's lashing out at attorney general saying she's racist, that she's a black woman. this is a man who is prepared to play every possible card to attack critics and discredit these allegations. >> i have 30 seconds. do you think this is likely to play in donald trump's decision about whether to run for president? >> i think all of these data

points play into his decision. it's going to give him a lot to talk about. >> we have had a lot to talk about. thank you all. president biden any other day this would have been an hour addressing world leaders at the u.n. we're going to talk about that on "chris jansing reports," next. s jansing reports," next elbow grease, you can do just about anything. thanks, dad. that's right, robert. and it's never too early to learn you could save with america's number one motorcycle insurer. that's right, jamie. but it's not just about savings. it's about the friends we make along the way. you said it, flo. and don't forget to floss before you brush. your gums will thank you. -that's right, dr. gary. -jamie? sorry, i had another thought so i got back in line. what was it? [ sighs ] i can't remember. your mission: stand up to moderate to severe rheumatoid arthritis or active psoriatic arthritis and... take. it. on. with rinvoq. rinvoq is a once-daily pill

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as president biden took the united nations stage to address world leaders and new threats from vladimir putin. >> just today, president putin has made overt nuclear threats against europe and a reckless disregard for the responsibilities of a nonproliferation regime. now, russia's calling, calling out more soldiers, join the fight, and the kremlin is organizing a sham referendum, trying to annex parts of ukraine, and extremely significant violation of the u.n. charter. >> that was in response to the russian leader's national address overnight, to announce a large scale military mobilization of his war in ukraine, following a series of stunning battlefield setbacks over the last month. for now, bring in barry mccaffrey, a refired four star general who served as a division

commander in the gulf war. putin did not say he was analyzing more troops, he said he would be using everything in his disposal, basically. what is he doing here? >> i think putin is in increasingly desperate circumstances. politically, economically, militarily. the announcement by way of one secret clause, i would note that it is pre-recorded, not a live presentation. but essentially, will generate 300,000 more people and freeze in part all of their contract volunteer soldiers and the mercenaries, the wagner group, are prohibited from getting out of the war zone, and he's in trouble, and tactically, on the ground, the new technology from nato and the united states has been used with real brilliance by the ukrainians who have

first-rate operational leadership. so they nailed a lot of people up there in the northeast, in kharkiv, and now they're after the kherson pocket. if they get this, if they scoop up another 20,000 russian prisoners, we may see this thing unravel rapidly. >> but if this is a vladimir putin who is backed into a corner, is that a dangerous vladimir putin, and what about these not necessarily very vague nuclear threats, in fact, the president felt like he had to address them, saying a nuclear war cannot be won and should never be fought. what's your take on vladimir putin right now? >> well, we never heard anything like this in the sad history of nuclear deterrence. on state tv, the pundit, which i listen to on a daily basis with english translation obviously, they make constant overt threats to nuke berlin, to nuke paris,

the to nuke the u.k., it is just an incredible irresponsible and somewhat comical in a strange way, no one can fight in a nuclear war, putin understands this. it is not to say that he is actively considering what they write in their doctrine, which is escalate to de-escalate, to employ a tactical nuclear weapon, and kilo-tones of destructive power and who would he target? the city of kyiv and kill ukrainians? if he does, probably all out war by conventional means by the united states and allies, so hard to know where he's going, but you're right, this is a very dangerous turning point in the war. >> and in the final minute, we've talked about the fact that, you know, russian troops have been leaving behind equipment, but what is the status as you understand it of ukrainian troops? they have, many of them, have been fighting for seven months.

many of them have lost their lives. >> well, right, that's correct. and they have lost more than 9,000 killed in action, who knows, that would be implied 25,000 or more wounded in action. along with what could be thousands of civilians dead. and the massive infrastructure devastation throughout ukraine. it is a very tough situation. fortunately, fortunately, both europe and the united states, the biden administration has been very stalwart on this, stepping forward, and supplying immediate use munitions to ukrainens, trying to build a longer term defensive capability. so i think, at the end of the day, putin has already lost the war from a strategic perspective. the question now is, how are we going to end it and bring peace? >> general barry mccaffrey,

thank you. i hope we can talk about that question another day. but that is going to do it for us this hour. make sure to join us for chris jansing reports, every day 1:00 eastern time on msnbc, and stay with us because we have much more on the breaking news, new york's attorney general, suing for former president trump and three of his children with large scale business fraud. next. scale business fraud next the three of irls. i never thought twice about feeding her kibble. but about two years ago, i realized she was overweight. she was always out of breath. that's when i decided to introduce the farmer's dog to her diet. it's just so fresh that she literally gets bubbles in her mouth. now she's a lot more active she's able to join us on our adventures. and we're all able to do things as a family. ♪♪ get started at longlivedogs.com the new subway series menu. the greatest sandwich roster ever assembled. tony, the new outlaw's got double pepper jack and juicy steak.

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good, goo to be with you. i'm yasmin vossoughian. today, bombshell news, the former president and the future of his real estate empire in legal peril, new york attorney general announcing the office is suing former president trump, his adult children, and the trump organization. in a lengthy press conference, earlier today, james accused the former president and his business of committing bank, tax, and insurance fraud, she laid out a series of example in a 220-page suit. >> over the course of our investigation, we found that mr. trump, his children, trump organization, created and used more than 200 false and misleading asset valuations on a statement of financial condition over the 10-year period. it referred a series of bank ordered appraisals for the commercial property at 40