Trump Organization, CFO Allen Weisselberg to Be Indicted For Tax Evasion

By Staff, Agencies

A grand jury indicted the Trump Organization and its Chief Financial Officer, Allen Weisselberg, US news media reported on Wednesday.

Weisselberg oversaw day-to-day operations in the company, which is former president Donald Trump’s family business, while Trump was in the White House.

He is accused of paying members of the organization under the table to avoid paying taxes. The New York Times, Washington Post and others reported that the Manhattan District Attorney Cyrus Vance is expected to lay charges on Weisselberg and the company on Thursday.

According to the WaPo, Weisselberg allegedly gave benefits to employees including private school tuition, luxury cars and apartments. He is expected to turn himself in Thursday morning.

This will be the first indictment from a year-long probe launched against the organization by Vance’s office and New York state Attorney General Letitia James'.

Several of Trump’s associates, including former National Security Advisor Michael Flynn, previously received convictions unrelated to the New York probe.

According to Trump’s lawyer and other sources, Trump is not being charged. The indictment could put pressure on Weisselberg to cooperate with the New York investigation.

After facing convictions, former Trump attorney Michael Cohen testified against Trump in 2018.