this is msnbc s continuing coverage of the indictment o former president donald j trump, time elevation you york, after becoming the first president i u.s. history to be impeached twice, donald trump has made history yet again, becoming th only ex president to face criminal indictment. on thursday, a grand jury vote to indict the former president as part of manhattan distric attorney alvin weiss investigation into a hush mone payment made to and at fil star stormy daniels, in 2016 that indictment is currently sealed that means we don t know the specific charges being levie against donald trump but we do know that bag ha been focusing on a felon charge, of falsifying business records, which carries a maximum sentence of four years it means that he s formerl charged with a crime but there are still severa steps in the coming days, the ex president is expected to surrender himself to authorities, after which h will be taken into custody like any other person charge with the, c
little bit about what he heard and allen weisselberg, the former chief financial officer who is currently sitting i rikers, he had talked abou should we run them money through the l.a. golf course she tried to sell a membership in mar-a-lago, to cover it, so these are the sort of things i m imagining when we see it we re gonna see how do the count for it, that s where he gonna get into trouble, i thin what we should be looking fo we don t know yet, usually whe you falsified business record, you do so because you want t get a tax deduction out of it, and then some of this will now spill over into tax fraud. your major of estimation to lead to stuff on that, the taxpayers of new york state, down out of things because the way donald trump, as you pointed out in your story, companies had traditionall done the stuff he was accuse of doing with respect to his property values versus insurance versus mortgages, bu does someone suffer for, it is not a victimless crime, so there s a question
that there are more charge coming against him, he had two lawyers, paid for by the trump organization, who left his employ earlier this week, no he s got a different lawye also employed by the trump organization, what is alic allen weisselberg s whole role in this thing. he has information with the hush money scheme, he wa involved in what the thing you know what the important role would be he s also under curren investigation about some of th things that are laid out i tish james civil fraud that about valuations as as suzanne just referred to are you defrauding ensures, ar you defrauding banks by either lowering, or inflating the value of certain assets to get bank loans or, insurance policies, weisselberg know he s under investigation for that the times times reporting on that, probably the new yor da s trying to leverage hi right now, cooperate with us or hang around records fo
falsification of records thi history may become relevant. this is stream absolutely may become relevant, because the way you turn falsification of business records into a felony, rather than misdemeanor, is because you re doing it can conceal or commit another crime, what is tha other crime? it could be tax fraud as suzanne laid out could be bank fraud, it could be some othe form or fraud, but in order fo you to be for example violation of election law. when new york law, one of th things that could be is conspiracy to try to promote trump s election, through an awful means, either way ther has to be a specific intent to defraud, specific audience, an who that audiences, or scratching our heads that, has to be a victim, it s not a victimless crime by the way, you are now again i ve been talking al week about what s going on wit allen weisselberg, who s sentenced, he s at rikers, who seems to be some speculation
sort of claim, it right on their, and the trump organization trial, it cam back with a guilty verdict against the trump organization in december, and had to pay fine, that was all about them, cheating the tax man, in tha case there were perks to allen weisselberg, and they weren paying tax on that, that s called non-employe compensation, a car or a apartment and they re also doing things where they were paying their salaried employees, so people who are getting 20 twos, they re giving them on time bonuses to avoid payrol tax, so this stuff it s all of a piece, but you see everywher within the trump organization, it s remarkable just how the go right up to the line or ove the line all the time so the so the reason this is relevant is because if investigating th