Deutsche Bank, Investors Bank subpoenaed for Trump Organization records by New York attorney general originally appeared on abcnews.go.com

Michael Cohen told Congress that Donald Trump inflated his assets to improve his odds of buying the National Football League's Buffalo Bills, a gambit that eventually failed.

Late Monday night, the office of New York Attorney General Letitia James subpoenaed Deutsche Bank and Investors Bank for records related to Trump's unsuccessful NFL bid and several other Trump Organization projects, a source familiar with the matter told ABC News.

First reported by The New York Times, the subpoenas are based largely on Cohen's recent testimony, the source told ABC News. The subpoenas also are seeking records related to other transactions including Trump International Hotels in Chicago, Washington, D.C. and Florida.

PHOTO: Michael Cohen, President Donald Trump's former lawyer, testifies before the House Oversight and Reform Committee, on Capitol Hill, Feb. 27, 2019, in Washington, D.C. (AP (4), EPA via Shutterstock (2)) More

Deutsche Bank previously has cooperated with other Trump-related inquiries, including last year when called on by New York bank regulators. That inquiry ended without further action taken.

A spokesperson for the bank told ABC News in a statement, “We remain committed to cooperating with authorized investigations.”

Investors Bank and the Trump Organization didn't immediately respond to requests for comment late Monday.

(MORE: Democrats say Michael Cohen's dramatic testimony escalates need for Trump's tax returns)

As part of a lawsuit brought by then-New York Attorney General Barbara Underwood, the president's charity agreed in December to dissolve itself under judicial supervision, meaning the attorney general's office would review and approve disbursements of the Trump Foundation's remaining assets.

PHOTO: In this Jan. 11, 2017, photo, President-elect Donald Trump, center, stands next to Allen Weisselberg, second from left, Donald Trump Jr., right and Ivanka Trump, left, at a news conference in the lobby of Trump Tower in New York. (AP) More

At the time, the foundation had about $1.75 million in cash, in addition to physical assets including paintings of Trump that he'd paid for with foundation money, according to Underwood's office.

(MORE: Embattled Trump Foundation forced to shut down after 'egregious pattern of illegality': Officials)

The case brought by Underwood alleged that Trump and his three eldest children, also Trump Foundation board members, repeatedly used donations for personal, political and business purposes, including legal fees and campaign contributions.

Their conduct, Underwood said at the time, "amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump's business and political interests."