Trump Organization and its CFO Indicted
A big shoe has dropped.
WaPo (“N.Y. grand jury said to return criminal indictments against Trump’s company and its CFO, the first from prosecutors probing the former president’s business dealings“):
A grand jury in Manhattan filed criminal indictments Wednesday against former president Donald Trump’s company and its longtime chief financial officer, according to two people familiar with the indictments.
The indictments against the Trump Organization and its CFO, Allen Weisselberg, will remain sealed until Thursday afternoon, leaving the specific charges against them unclear. Earlier Wednesday, people familiar with the case said the charges were related to allegations of unpaid taxes on benefits for Trump Organization executives.
Weisselberg is expected to surrender Thursday morning at the office of Manhattan District Attorney Cyrus R. Vance Jr. (D), two people familiar with the plan said. He is expected to be arraigned later in the day in front of a state court judge. The Trump Organization will also be arraigned, represented in court by one of its attorneys.
The criminal charges against the Trump Organization and Weisselberg are the first to result from the investigations by Vance and New York Attorney General Letitia James (D) and represent a dramatic turn in the long-running probes.
Attorneys for both the Trump Organization and Weisselberg declined to comment Wednesday.
During an interview Wednesday night with Fox News’s Sean Hannity, Trump called the myriad investigations — and, earlier, impeachments — of him “all nonsense.”
“New York radical left prosecutors come after me — you gotta fight,” he said.
Spokespeople for Vance and James — who teamed up to investigate Trump’s business dealings this year after years of working on separate tracks — also declined to comment.
On Wednesday afternoon, Vance was seen heading into the lower Manhattan building where the grand jury sits three days a week, accompanied by Carey Dunne, the office’s general counsel and one of the most senior attorneys on the prosecution team. Vance left the building nearly three hours later with a member of his security detail. He did not respond to a question from a reporter as he left his office for the day later Wednesday.
NYT (“Trump Organization and Top Executive Are Indicted in Tax Investigation“) adds:
A grand jury in Manhattan has indicted Donald J. Trump’s family business, the Trump Organization, and one of its top executives in connection with a tax investigation into fringe benefits handed out at the company, people familiar with the matter said on Wednesday.
The specific charges against the company and its chief financial officer, Allen H. Weisselberg, were not immediately clear. The indictment was expected to be unsealed Thursday afternoon after Mr. Weisselberg and lawyers for the Trump Organization appear in court.
But prosecutors in the Manhattan district attorney’s office have been examining bonuses and luxury perks that Mr. Weisselberg received — including an apartment in Manhattan, leased Mercedes-Benz cars and private school tuition for at least one of his grandchildren — and whether taxes should have been paid on those benefits.
A follow-up report, “Top Trump Executive Allen Weisselberg Surrenders to Face Charges,” notes how rapidly things are moving:
Donald J. Trump’s long-serving chief financial officer, Allen H. Weisselberg, surrendered on Thursday to the Manhattan district attorney’s office as he and the Trump Organization prepared to face charges in connection with a tax investigation, people with knowledge of the matter said.
The exact charges were not yet known. Prosecutors were expected to unseal an indictment later in the day against Mr. Weisselberg and the Trump Organization, the real estate business that catapulted Mr. Trump to tabloid fame, television riches and ultimately, the White House.
Mr. Weisselberg, accompanied by his lawyer, Mary E. Mulligan, walked into the Lower Manhattan building that houses the criminal courts and the district attorney’s office about 6:20 a.m. He is expected to appear in court in the afternoon along with representatives of the Trump Organization.
It’s interesting that Trump himself has thus far escaped indictment but, given that it’s an ongoing investigation by both the state and city, it could still be forthcoming.