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NEW YORK (AP) Donald Trump’s company and its longtime finance chief were charged Thursday in what prosecutors called a “sweeping and audacious” tax fraud scheme in which the executive collected more than $1.7 million in off-the-books compensation, including apartment rent, car payments, and school tuition.
Trump himself was not charged, but prosecutors noted that he signed some of the compensation checks at the center of the alleged scheme.
Trump Organization, CFO indicted on tax fraud charges
Associated Press
Updated on: Jul 01, 2021, 9:10pm
Donald Trump’s company and its longtime finance chief were charged Thursday in what a prosecutor called a “sweeping and audacious” tax fraud scheme that saw the Trump executive allegedly receive more than $1.7 million in off-the-books compensation, including apartment rent, car payments and school tuition.
It is the first criminal case New York authorities’ two-year investigation into the former president has yielded. According to the indictment filed Wednesday and unveiled Thursday, from 2005 through this year, CFO Allen Weisselberg and the Trump Organization cheated the state and city out of taxes by conspiring to pay senior executives off the books.
Trump Organisation and CFO hit with 15 charges Fri, 2 Jul 2021, 12:10PM
Donald Trump s company and its longtime finance chief were charged in what a prosecutor called a sweeping and audacious tax fraud. (Photo / Getty)
Trump Organisation and CFO hit with 15 charges Fri, 2 Jul 2021, 12:10PM
Donald Trump s company and its longtime finance chief were charged Thursday in what prosecutors called a sweeping and audacious tax fraud scheme in which the executive collected more than $2.4 million (US$1.7m) in off-the-books compensation, including apartment rent, car payments and school tuition.
Trump himself was not charged, but prosecutors noted that he signed some of the compensation cheques at the centre of the alleged scheme.
Trump Organisation, CFO plead not guilty to running 15-year tax fraud scheme
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By Michael R. Sisak and Tom Hays
Updated
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New York: The Trump Organisation and its longtime finance chief have each pleaded not guilty to tax crime charges arising from a two-year investigation into former US president Donald Trump’s company.
It is the first criminal case the New York authorities’ probe has yielded. According to the indictment filed on Wednesday and unveiled on Thursday, US time (Friday AEST), since 2005 Weisselberg and the company have cheated the state and city out of taxes by conspiring to pay senior executives off the books.
Highlights
Trump s company and its longtime finance chief were charged on Thursday
Prosecutors called a sweeping and audacious tax fraud scheme in which the executive collected more than USD 1.7 million in off-the-books compensation
Trump himself was not charged, but prosecutors noted that he signed some of the compensation checks at the centre of the alleged scheme
New York: Donald Trump s company and its longtime finance chief were charged on Thursday in what prosecutors called a sweeping and audacious tax fraud scheme in which the executive collected more than USD 1.7 million in off-the-books compensation, including apartment rent, car payments, and school tuition.