The Trump Organization will face criminal charges after the Manhattan District Attorney’s Office and the New York Attorney General’s Office secured indictments against former U.S. President Donald Trump’s company and its chief financial officer, according to sources close to the matter.
The charges by Manhattan District Attorney Cyrus Vance were handed up by a New York grand jury and will be unsealed on Thursday, a representative of Trump informed NBC News.
The criminal charges revolve around whether Trump Org CFO Allen Weisselberg and other officials manipulated tax returns and avoided paying taxes to receive such fringe benefits as rent-free apartments and leased cars.
Prosecutors have also looked into cash bonuses paid out to employees and whether taxes on the bonuses were ever paid.
Weisselberg is expected to turn himself in to authorities on Thursday morning, sources claim.
The investigation has been greatly aided by Weisselberg’s former daughter-in-law, Jennifer Weisselberg, who has met with investigators numerous times and handed over troves of financial records, her lawyer Duncan Levin told CNN.
“We have been working with prosecutors for many months now as part of this tax and financial investigation and have provided a large volume of evidence that allowed them to bring these charges,” Levin explained. “We are gratified to hear that the DA’s office is moving forward with a criminal case.”
The former president himself may escape direct charges, Trump lawyer Ronald Fischetti told Reuters.
In a Monday statement, Trump blasted the prosecutors as biased and said the actions of his company were “in no way a crime.”
However, the company itself is liable to face numerous fines if Weisselberg, a close confidant of Trump, is convicted.
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