The Limited Times

Now you can see non-English news...

Media report: CFO of the Trump group faces the authorities

2021-07-01T12:55:43.199Z


The prosecution apparently wants to bring charges against the Trump Organization today. Now Allen Weisselberg, the company's chief financial officer, has faced the authorities - and could soon appear in court.


Enlarge image

Donald Trump, Allen Weisselberg (2016): Has worked for the Trump Group for many years

Photo: CARLO ALLEGRI / REUTERS

It's about alleged financial offenses: On Thursday, the New York judiciary is likely to bring charges against the Trump Organization, the real estate empire of former US President Donald Trump.

The family holding is among other things suspected of tax fraud.

The investigators are also targeting their CFO Allen Weisselberg.

According to a report in the New York Times, he has now surrendered to the authorities.

Accordingly, Weisselberg, accompanied by a lawyer, entered the justice building early in the morning, American time.

According to the New York Times, he could appear in court later that day, the exact allegations against him are not yet known.

Additional services not taxed?

According to media reports, Weisselberg is suspected that the 73-year-old received additional benefits from the Trump Organization such as the use of apartments and cars that were not taxed.

The investigators had tried - apparently in vain - to get Weisselberg to make a statement against Trump.

It is unclear whether legal action could be taken against Trump personally at a later date.

The real estate business of the ex-president is bundled in the Trump Organization, which consists of hundreds of individual companies.

It owns luxury hotels, golf clubs, residential buildings, and commercial real estate in the United States and abroad.

Probably the most famous property is the Trump Tower in New York, where Trump lived for a long time.

Trump took over the family business from his father Fred Trump in the 1970s, and Weisselberg has also been with the group for decades.

After winning the 2016 presidential election and taking office in January 2017, Trump handed over management of the business to his sons Donald Junior and Eric.

Manhattan District Attorney Cyrus Vance has been investigating Trump and the Trump Organization since 2019.

Initially it was about hush money payments to the porn actress Stormy Daniels and the former "Playboy" model Karen McDougal, who say they had affairs with Trump years ago.

The investigation was then expanded to include possible tax, banking and insurance fraud.

Trump's longtime private attorney Michael Cohen testified at a congressional hearing in February 2019 that Trump had given the value of his real estate too high or too low depending on the interests.

Trump calls the allegations a "witch hunt"

Since last February, public prosecutor Vance has had Trump's tax returns from 2011 after a long legal battle.

Trump had resisted the release of the documents and had gone to the Supreme Court of the country, but defeated there.

In May it was announced that Vance had called a grand jury.

The lay judges decide whether or not to bring charges based on the evidence.

New York State Attorney General Letitia James is also investigating the Trump Organization.

Vance and James are now cooperating in their investigation.

Trump has repeatedly spoken of a politically motivated "witch hunt" against him.

Vance and James are members of President Joe Biden's Democrats.

slü / AFP

Source: spiegel

All news articles on 2021-07-01

You may like

Trends 24h

News/Politics 2024-03-27T16:45:54.081Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.