Allen Weisselberg, CFO and chief officer of the Trump Organization, gets Criminal indictments by a grand jury in Manhattan on Wednesday
Sources told the Post the charges relate to allegations of unpaid taxes on benefits given to Trump Organization executives.
Two people told the Post that Weisselberg is expected to surrender Thursday morning, and later that day, he’s expected to be arraigned in front of a state court judge. The Trump Organization is also expected to be arraigned. The New York Times reported that the indictments would be unsealed following the court appearances.
The news was first reported Friday by The Wall Street Journal.
Weisselberg is "Executive 1" on page 17 of the criminal information filed by prosecutors in the Michael Cohen case, a person with knowledge of the matter told NBC News.
According to prosecutors, Cohen, then Trump's attorney, sent an invoice to Executive 1, meaning Weisselberg, for "Payment for services rendered for the month of January and February, 2017," a payment that was really meant to reimburse Cohen for a payment to Stormy Daniels.
Weisselberg then sent the invoice to another Trump Organization executive via e-mail directing him to "Please pay from the Trust. Post to legal expenses. Put 'retainer for the months of January and February 2017' in the description."
Read this news from The Hill at:
https://thehill.com/policy/finance/561051-trump-org-cfo-indicted-by-new-york-grand-jury-reports
Trump Org, CFO indicted by New York grand jury: reports
The Washington Post reported that indictments against the Trump Organization and Weisselberg will remain sealed until Thursday afternoon, leaving the specific charges unknown. Sources told the Post the charges relate to allegations of unpaid taxes on benefits given to Trump Organization executives.
Two people told the Post that Weisselberg is expected to surrender Thursday morning, and later that day, he’s expected to be arraigned in front of a state court judge. The Trump Organization is also expected to be arraigned. The New York Times reported that the indictments would be unsealed following the court appearances.
The Wall Street Journal was the first to report earlier Wednesday that charges were expected on Thursday.
The Journal reported that the company and Weisselberg are expected to face charges related to allegations that Trump Organization employees avoided paying taxes on fringe benefits such as cars, apartments and other bonuses they received through the company.
Ronald Fischetti, an attorney representing former President Trump, said in an interview on Monday that Manhattan District Attorney Cyrus Vance Jr.'s office told him it is currently considering charges against the Trump Organization and individual employees for allegedly not paying taxes on company benefits. There are no charges related to hush money allegations or potential fraud regarding property valuations, he said.
The case stems from investigations conducted by Vance and New York Attorney General Letitia James. Neither office responded to requests for comment from several news organizations. A spokesman for the Trump Organization did not respond to an earlier request for comment from The Hill.
