Trump Organization charged with scheme conspiracy and tax fraud

Source: Politico | July 1, 2021 | Quint Forgey

The Manhattan DA office leveled charges against the former president’s company and its chief financial officer, Allen Weisselberg.

The Trump Organization is officially facing criminal charges. The organization – a company helmed by the Trump family that contains a host of business entities, including numerous luxury real estate properties – is charged with scheme conspiracy, grand larceny, falsifying business records, and criminal tax fraud.

Its chief financial officer, Allen Weisselberg, also faces charges for financial crimes, including grand larceny in the second degree. That crime alone could bring a 15-year prison sentence.

Weisselberg, who was led into the courtroom in handcuffs, has pleaded not guilty.

Manhattan District Attorney Cy Vance brought the charges, working with attorneys from New York Attorney General Letitia James’s office. Both officials are Democrats, and former President Donald Trump has said their investigation is politically motivated.

The charges come after Manhattan prosecutors spent more than two years combing through the Trump Organization’s financial information. They also won a Supreme Court court fight to secure and scrutinize eight years’ worth of Trump’s personal tax returns.

The indictment focuses on how the Trump Organization provided some top executives with fringe benefits and perks.


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