Trump Organization, CFO expected to be charged Thursday: Report Toggle share menu
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Trump Organization, CFO expected to be charged Thursday: Report
Then-president Donald Trump along with his son Donald, Jr, arrive for a press conference at Trump Tower in New York, as Allen Weisselberg (C), chief financial officer of The Trump, looks on. (Photo: AFP/Timothy A Clary)
01 Jul 2021 10:09AM Share this content
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NEW YORK: Former US President Donald Trump s namesake company and its chief financial officer are expected to be hit with criminal charges on Thursday (Jul 1) by prosecutors in Manhattan, a person familiar with the matter said on Wednesday.
The company and Weisselberg were expected to make their first court appearance Thursday.
The charges against Weisselberg and the Trump Organization would be the first criminal cases to arise from the two-year probe led by Manhattan District Attorney Cyrus Vance Jr., a Democrat who leaves office at the end of the year.
Prosecutors have been scrutinizing Trump’s tax records, subpoenaing documents and interviewing witnesses, including Trump insiders and company executives.
A grand jury was recently empaneled to weigh evidence and New York Attorney General Letitia James said she was assigning two of her lawyers to work with Vance on the criminal probe while she continues a civil investigation of Trump.
Criminal charges expected for Donald Trump s company, finance chief
Donald Trumpâs company and his longtime finance chief are expected to be charged today with tax-related crimes stemming from a New York investigation into the former presidentâs business dealings, people familiar with the matter told The Associated Press.
The charges against the Trump Organisation and the companyâs chief financial officer, Allen Weisselberg, appear to involve non-monetary benefits the company gave to top executives, possibly including use of apartments, cars and school tuition.
The people were not authorised to speak about an ongoing investigation and did so on condition of anonymity.
News Break
By Sonam Sheth,Jacob Shamsian,Azmi Haroun
Posted by Timothy A. Clary/AFP via Getty Images The Manhattan district attorney s office is said to have charged the Trump Organization and its CFO. Prosecutors have spent three years on a tax-crimes investigation. The indictments are said to be expected to be unsealed Thursday. A grand jury in New York indicted the Trump Organization and its chief financial officer, Allen Weisselberg, as part of a yearslong tax-crimes investigation, The New York Times first reported Wednesday . It represents the first wave of charges from the Manhattan district attorney s office s three-year investigation into whether former President Donald Trump s sprawling real-estate company violated state laws and engaged in financial crimes.