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NY Grand Jury Indicts Trump Organization
A New York grand jury handed over indictments against the Trump Organization and its CFO. The Trump Organization is a business group spanning around 500 business entities. Former President Donald Trump owns these family businesses.
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Indictments Against Trump Organization and CFO Weisselberg
The Manhattan District Attorney’s Office and the New York Attorney General’s Office received indictments made by a New York grand jury. These indictments specified the Trump Organization and Chief Financial Officer Allen Weisselberg.
The court expects to unseal these charges on Thursday afternoon in Manhattan. They also expect Weisselberg’s surrender Thursday morning. Once in custody, the court will arraign him in front of a state judge later that day. The Trump Organization will also get a similar indictment.
The charges against the group come from an alleged scheme to dodge taxes. It accuses the Trump Organization of paying salaries to officials through off-the-books means.
As early as this week, Manhattan District Attorney Cy Vance’s office will press charges. Vance conducted a series of probes against the company for alleged financial improprieties. As a result, the DA alleges a number of criminal activities committed. This includes falsifying business records, insurance fraud, and tax fraud.
Case For Filing Thursday
Investigators spoke multiple times with Weisselberg’s former daughter-in-law Jennifer Weisselberg. Prosecutors also hope that Weisselberg will give testimony against Trump. He can choose to do so in exchange for leniency for his own charges.
Vance is trying to determine how Trump employees managed to avoid paying taxes. He thinks that instead of money, some officials receive benefits such as apartments.
In order to prove his allegations, Vance asked to obtain Trump's documents. This included personal records and corporate tax returns. Once he managed to secure the documents through a court order, his progress accelerated greatly.
‘Completely Outrageous’
Last week, Ron Fischetti, attorney for the Trumps, called the impending charges “completely outrageous”. He said that the organization is feeling the heat because Weisselberg didn’t cooperate with investigators.
“They could not get him to cooperate because he would not say that Donald Trump had knowledge or any information that he may have been not deducting properly the use of cars or an apartment,” he explained.
Trump himself is not facing charges. However, the indictment will generate potential fines and additional legal problems for his company. However, the charges may cause further legal problems for the organization and bring about hefty fines.
Watch the CBS News video where former President Trump pans President Joe Biden's immigration policies during a trip to the southern border:
Loading ...What do you think about the charges leveled against the Trump Organization and its CFO? Is this the start of a series of lawsuits against President Trump’s dealings?
Let us know what you think. Share your comments in the comments section below.
2 Comments
It’s amazing the double standards we have today. Especially with so-called news agencies. If your a Democrat you can’t do or say anything that is considered offensive but if you are President Trump or a supporter then everything is a lie( not a difference of opinion) also I have never seen a news reporter flat out lie on t.c. Before. I watched a Black female reporter ask an older white male president why he considered President Obama a failure in Chicago but doesn’t consider himself a failure there. President Trump replied “ mr Obama was invited there and failed. I want to go to Chicago but the state of Illinois doesn’t want me there. So how could I have failed. The reporter repeated the question and President Trump almost verbatim repeated his answer. It immediately returned to NBC network news and the on t.v. Reporter repeated what the live reporter asked President Trump and then said” the President avoided answering and made Vage remarks. Our political way of life has been permanently changed. When whoever owns the news agencies (try’s) to tell us what to believe and ignore the blatant lies and double standards that we see. WE HAVE already gone down the rabbit hole and may never find our way back
I hadn’t seen that ,but I know for sure what you wrote is truth, that’s the way certain news reporters ,,switch the news around into a lie. I have heard and seen that happen on CNN. I am not a fan of CNN. But the truth comes out from other stations and they prove it, but CNN. Never admits to the lies. Actually none that lie admits their lies.