Donald Trump’s controversial business conduct is going to court. New York prosecutors have brought charges against the Trump Organization. It is also about tax fraud.
The New York Public Prosecutor’s Office has brought charges against the Trump Organization after years of investigation. It is about alleged tax fraud in connection with services received – in addition to the organization itself, CFO Allen Weisselberg is at the center.
Weisselberg presented himself to the authorities on Thursday. That afternoon he was handcuffed to Manhattan Criminal Court in New York, where he pleaded not guilty. The 73-year-old is charged with not paying taxes on income of $ 1.7 million for a period of 15 years. The indictment comprises a total of 15 points.
According to the media, his former daughter-in-law provided decisive information against the chief financial officer. Among other things, this testified to the investigators that Weisselberg’s son received a free apartment and a generous salary while working for the Trump organization.
“The purpose of the system was to compensate Weisselberg and other executives of the Trump organization in a way that was ‘off the books’,” the indictment said on Thursday. Accordingly, the beneficiaries received significant parts of their income in an indirect and disguised manner, which was not reported to the tax authorities.
Will Trump also be charged?
The prosecution hopes, according to the Washington Post, that Weisselberg could cooperate with the authorities and testify against ex-President Donald Trump in order to improve his own prospects. No charges were brought against Trump personally on Thursday. However, this could theoretically happen at a later point in time.
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 has denied all allegations and speaks of politically motivated investigations against him. In a statement, the Trump Organization accused the prosecutor of wanting to use Weisselberg as a pawn sacrifice. Attempts should be made to leave scorched earth behind and harm the former Republican President. “This is not justice; this is politics,” the message said.
Luxury hotels, golf clubs, residential buildings
The real estate business of the ex-president is bundled in the Trump Organization, which consists of hundreds of individual companies. She 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. The 75-year-old also used to own a number of casinos.
Trump took over the family business from his father, Fred Trump, in the 1970s. After winning the 2016 presidential election and taking office in January 2017, he handed over management of the business to his sons Donald Junior and Eric. The company reportedly has tens of thousands of employees.