The Election Day is just around the corner, but problems for Donald Trump doesn't seem to taper off. In addition to lagging behind his opponent and former vice president Joe Biden in several polls, the president continues to face criticism for his handling of coronavirus pandemic in the initial stage, putting his chance of reelection in jeopardy.

To make things worse, the prosecutor’s office released a new court filing on Monday stating that Trump and his company would be investigated by Manhattan District Attorney Cyrus Vance Jr. for alleged bank and insurance fraud. In his filing, Vance's office asked a federal judge to scrap the president's new legal effort to bar prosecutors from acquiring his records including tax returns from his accountants through a grand jury subpoena.

Vance’s office was investigating Trump's financial records from the accounting firm Mazars USA as part of its inquiry about how his company, the Trump Organization justified a payment to a porn star Stormy Daniels, who claims she had an intimate relationship with the president years ago. Trump has denied the allegations.

Trump's lawyer, the Trump Organization, and the White House did not comment on Vance’s filing immediately. Responding to the possible criminal probe of the Trump Organization during a House press briefing on Monday, the president said it was just a part of the "witch hunt"

The president compared the District Attorney’s new move to a slew of other investigations circling him since his presidential run in 2016, including special counsel Robert Mueller’s probe of the election interference of Russia, as well as the impeachment proceedings pushed by the House of Representatives, CNBC reported.

Trump deemed the action as "Democrat stuff," and went on to note that they failed at everything and every stage of the game, including with Mueller and with Congress. Describing it as the worst witch hunt in the nation's history, Trump said he knew nothing about it but accused them of doing a terrible thing and continuing the witch hunt for long enough.

Trump was accused of abuse of power and obstruction of Congress in the Democrat-led House and was exonerated of the charges in the GOP-majority Senate. Vance’s office filing in U.S. District Court in Manhattan did not divulge details about what it was probing aside from the money payment to Daniels.

The filing revealed that the office is investigating up to ten years' worth of financial records to see if it includes proof of other potentially improper financial transactions by individuals or entities over a period of years.