Indictment expected Thursday of former president Trump’s business and his long-serving chief financial officer, two people familiar with the case said.

Vance’s office opened an investigation in 2018, responding to Cohen’s charges that Trump had directed the illegal payoffs. But Vance’s probe broadened beyond those allegations to encompass years of business transactions. Vance examined tax breaks Trump got on an estate in suburban New York, loans Trump took out on his Chicago tower, and statements Trump made to New York tax authorities about the value of his Manhattan towers, according to previous court filings.

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