SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Donald Trump along with his son Donald, Jr. and Trump Organization chief financial officer Allen Weisselberg on January 11, 2017. (Photo: Timothy A. Clary/AFP via Getty Images)
The Trump Organization's longtime Chief Financial Officer Allen Weisselberg surrendered to the Manhattan district attorney's office Thursday morning, just hours before prosecutors are expected to unveil charges against the executive for tax crimes committed while the former president was leading the company.
While the precise charges against Weisselberg and the Trump Organization are not yet known, Manhattan District Attorney Cy Vance has been probing whether the financial officer unlawfully failed to pay taxes on benefits he received from the company.
"The prosecutors, who are also working with lawyers from the office of the New York State attorney general, Letitia James, have also investigated whether the Trump Organization failed to pay payroll taxes on what should have been taxable income," the New York Times reported.
\u201cEXCLUSIVE: Trump Organization CFO Allen Weisselberg seemingly tried to dodge cameras today, by arriving at Manhattan Criminal Court 45 min earlier than he said he would\u2026 but we got him!\n\nHe just surrendered. Exact charges expected to be released later today.\u201d— John Dias (@John Dias) 1625137873
A Manhattan grand jury filed criminal indictments against the Trump Organization and Weisselberg on Wednesday, and the charges are reportedly set to be unsealed Thursday afternoon at around 2 pm ET.
Trump, widely believed to be laying the groundwork for another presidential bid, is not expected to be charged on Thursday.
The charges against Weisselberg and the Trump Organization are the result of a yearslong investigation by Vance, who obtained troves of the former president's personal and business tax records after a lengthy legal fight that went all the way to the Supreme Court.
As CNN noted Thursday, "An indictment of Weisselberg would intensify the pressure for him to cooperate with prosecutors in their wide-ranging investigation of Trump, the company, and its executives, an outcome prosecutors have been seeking for months but which his lawyers have told authorities he has rejected."
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
The Trump Organization's longtime Chief Financial Officer Allen Weisselberg surrendered to the Manhattan district attorney's office Thursday morning, just hours before prosecutors are expected to unveil charges against the executive for tax crimes committed while the former president was leading the company.
While the precise charges against Weisselberg and the Trump Organization are not yet known, Manhattan District Attorney Cy Vance has been probing whether the financial officer unlawfully failed to pay taxes on benefits he received from the company.
"The prosecutors, who are also working with lawyers from the office of the New York State attorney general, Letitia James, have also investigated whether the Trump Organization failed to pay payroll taxes on what should have been taxable income," the New York Times reported.
\u201cEXCLUSIVE: Trump Organization CFO Allen Weisselberg seemingly tried to dodge cameras today, by arriving at Manhattan Criminal Court 45 min earlier than he said he would\u2026 but we got him!\n\nHe just surrendered. Exact charges expected to be released later today.\u201d— John Dias (@John Dias) 1625137873
A Manhattan grand jury filed criminal indictments against the Trump Organization and Weisselberg on Wednesday, and the charges are reportedly set to be unsealed Thursday afternoon at around 2 pm ET.
Trump, widely believed to be laying the groundwork for another presidential bid, is not expected to be charged on Thursday.
The charges against Weisselberg and the Trump Organization are the result of a yearslong investigation by Vance, who obtained troves of the former president's personal and business tax records after a lengthy legal fight that went all the way to the Supreme Court.
As CNN noted Thursday, "An indictment of Weisselberg would intensify the pressure for him to cooperate with prosecutors in their wide-ranging investigation of Trump, the company, and its executives, an outcome prosecutors have been seeking for months but which his lawyers have told authorities he has rejected."
The Trump Organization's longtime Chief Financial Officer Allen Weisselberg surrendered to the Manhattan district attorney's office Thursday morning, just hours before prosecutors are expected to unveil charges against the executive for tax crimes committed while the former president was leading the company.
While the precise charges against Weisselberg and the Trump Organization are not yet known, Manhattan District Attorney Cy Vance has been probing whether the financial officer unlawfully failed to pay taxes on benefits he received from the company.
"The prosecutors, who are also working with lawyers from the office of the New York State attorney general, Letitia James, have also investigated whether the Trump Organization failed to pay payroll taxes on what should have been taxable income," the New York Times reported.
\u201cEXCLUSIVE: Trump Organization CFO Allen Weisselberg seemingly tried to dodge cameras today, by arriving at Manhattan Criminal Court 45 min earlier than he said he would\u2026 but we got him!\n\nHe just surrendered. Exact charges expected to be released later today.\u201d— John Dias (@John Dias) 1625137873
A Manhattan grand jury filed criminal indictments against the Trump Organization and Weisselberg on Wednesday, and the charges are reportedly set to be unsealed Thursday afternoon at around 2 pm ET.
Trump, widely believed to be laying the groundwork for another presidential bid, is not expected to be charged on Thursday.
The charges against Weisselberg and the Trump Organization are the result of a yearslong investigation by Vance, who obtained troves of the former president's personal and business tax records after a lengthy legal fight that went all the way to the Supreme Court.
As CNN noted Thursday, "An indictment of Weisselberg would intensify the pressure for him to cooperate with prosecutors in their wide-ranging investigation of Trump, the company, and its executives, an outcome prosecutors have been seeking for months but which his lawyers have told authorities he has rejected."