A Manhattan grand jury indicted the Trump Organization, long led by former President Donald Trump, and its monetary leader for tax crimes, a user close to the case told USA TODAY on Wednesday night.
The express charges, which are expected to be revealed Thursday, were unclear.
Allen Weisselberg, the company’s chief monetary officer, was facing charges of non-payment of taxes on the company’s profits, and is expected to do so on Thursday, said the source, who is not legal to comment publicly on the matter.
Weisselberg declined to comment.
The fees are part of a long-standing investigation by the Manhattan district attorney and new York attorney general into the operations of the Trump family’s genuine real estate company, which he also declined to comment on.
The fees come just days after Lawyers for the Trump Organization met with local prosecutors in a failed attempt to convince them to pursue their case, Trump Organization attorney Ron Fischetti said.
Fischetti told USA TODAY last week that prosecutors did not get Weisselberg’s cooperation and that he expected fees to be imposed on the company, and in all likelihood On Weisselberg, as early as this week.
For more than two years, Manhattan District Attorney Cyrus Vance has been delving into Trump’s circle of family business operations in search of imaginable fraud involving banks, insurance companies and tax entities, focusing on whether the company manipulated asset values to offload comfortable loans. and reduced tax rates.
Prosecutors also weighed the secret cash bills made to women on Trump’s behalf and how that cash was documented.
Last month, New York Attorney General Letitia James announced that a parallel civil investigation into a criminal investigation had been conducted and that the state government had joined vance’s investigation.
The New York prosecutor scored a major public victory in February when Trump’s accounting firm was forced to hand over more than 8 years of tax instances as part of a long legal war that ended in the Supreme Court.
Vance’s investigation appears to have accelerated last month with the revelation that a special grand jury had been convened to read about imaginable evidence of criminality through the president, his affiliates or the company itself.
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Among those who cooperated in the investigation are Jennifer Weisselberg, former daughter-in-law of the Trump Organization executive, as well as Trump’s former non-public lawyer and repairman, Michael Cohen.
Duncan Levin, the attorney representing Ms. Weisselberg, said his consumer at least 10 boxes of data to prosecutors and pledged to testify before a grand jury or at trial, if necessary.
Levin also said his consumer provided in conversations in which Trump discussed granting benefits, adding license plates and apartment renovations, rather than a salary for the Trump executive. Levin said Jennifer Weisselberg provided accounts of the conversations to prosecutors.
Cohen, meanwhile, admitted to meeting several times with New York prosecutors from his investigation.
Cohen told USA TODAY he would comment on any facet of the case, citing the ongoing investigation and his possible role as a key prosecution witness, but commented extensively on Twitter how grand jury proceedings are speeding up the investigation considerably.
Cohen, who pleaded guilty in 2018 to federal tariffs that added financial violations of the crusade to pay secret cash to women who claimed to have sex with Trump and mendacity before Congress, pointed to Weisselberg as the most productive informed guy in the former president’s business operations. .