“I’ll be honest with you: I have said for years that this whole thing is one big fishing expedition,” one of the sources said. “I’ve expected it to just fizzle at some point, or to turn up ticky tacky shit that can score prosecutors big headlines. The Mazars news was the first time I started thinking, ‘Hey, this might be serious.’ Could Donald Trump [and his business] be screwed? I don’t know, but I’m not as confident as I once was in saying, ‘No.’”…

Steven J. Solomon, an attorney in Miami who leads the bankruptcy practice at the national law firm GrayRobinson, warned about the gravity of the situation for the Trump Organization.

“It’s incredibly significant. And frankly, I’ve never heard of a situation where an accounting firm is going back retroactively 10 years,” he told The Daily Beast. “This would be a trigger point. If your lender doesn’t have confidence in you because it can’t rely on the information, you can’t be friends anymore.”