The Trump Organization and Chief Financial Officer Allen Weisselberg are expected to be charged Thursday with tax offenses. report it The Wall Street Journal And a news channel CNN. These are the first charges against the company of former US President Donald Trump since prosecutors opened an investigation into possible crimes within the Trump Organization three years ago.
The newspaper reported on the basis of informed sources that the company and Weisselberg are being sued for tax evasion on fringe benefits. In recent months, it has been investigated whether taxes were paid, among other things, on cars, homes and apartments for employees. Prosecutors tried to get Wesselberg’s cooperation, but his attorneys said he wouldn’t.
Trump has long denied financial abuses occurred within his company and has described the investigation as politically motivated. As far as is known, the former president himself is not on trial. However, the charges may mean that the banks and business partners no longer want to cooperate with his company, which could be fined if found guilty.
Insiders said a few days ago to Washington Post The Trump Organization has set a deadline. The company’s lawyers were allowed until noon Monday to explain why plaintiffs had dropped a criminal case due to financial misconduct. For example, the investigation is also focused on manipulating the value of real estate, which will lower taxes and allow for more favorable loans.
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