Trump Organization Accused of Tax Evasion
2 Min Read
These accusations open a new bold era in a long-term criminal investigation with former President Donald Trump.
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Trump Organization Accused of Tax Evasion
According to the New York Times, The Trump Organization, the family real-estate company that led former President Trump down the road of fame, was accused yesterday of running a 15-year tax evasion scheme.
The paper relayed that these accusations will open a new bold phase in a long-term criminal investigation involving the former president.
Though no accusations were directed at Trump himself, Allen Weisselberg, the organization’s longtime serving CFO, surrendered to authorities. He is accused of avoiding paying taxes on $1.7 million of benefits and is also facing grand larceny charges, criminal tax fraud, and other charges.
The charges stem from a Manhattan DA inquiry into the business practices of Trump and his organization, which is an ongoing investigation. The DA is looking into whether Trump and the Trump Organization manipulated property values to obtain loans and tax benefits and several other serious crimes.
The 73-year old Weisselberg, who worked as the Trump Organization’s chief financial officer for more than two decades, is under increasing pressure to turn on the family.
The paper also said that this accusation against the Trump Organization comes as a blow for the former president as he has just begun to hold rallies again. The company said that Weisselberg is being used as a pawn in a desperate attempt to harm the former president.
