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The Trump organization and the CFO have found the News of Crimes innocent of the tax indictment

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Charges against the Trump organization and Finance Director Allen Weisselberg include tax fraud, a fraud scheme, conspiracy and falsification of business records.

By and Bloomberg

The Trump organization and its longtime finance minister have pleaded not guilty to allegations of fraud and theft in the first criminal case since years of investigation into former President Donald Trump and his business.

Allen Weisselberg, chief financial officer and company attorney, appeared in lower court in Manhattan on Thursday afternoon for allegedly prosecuting 15 Manhattan District Attorneys Cyrus Vance. The charges read out in the two-defendant court include tax fraud, fraud scheme, conspiracy and falsification of business records. Weisselberg, 73, made a number of individual indictments, including a 15-year sentence.

While Juan Merchan was suing in a New York state court, Assistant Attorney General Carey Dunne said the prosecution had a “broad and bold” 15-year scheme to avoid taxes on cars, apartments and private school tuition for the CFO. These benefits are often counted as compensation and failure to pay taxes on them would be deliberately illegal. Dunn said Weisselberg personally received $ 1.76 million in such benefits.

“The scheme was intended to allow some employees to significantly lower Trump’s compensation so that they could be significantly lower than those who had to pay and pay federal, state, and local taxes,” the prosecutor said. .

The deputy director, handcuffed, was released for his confession at the end of the hearing after the passport was handed over.

Trump is not named in the indictment, but the case has been nothing more than an open rescue by a court attorney, as the company has also been investigating possible banking and insurance. The allegations against Weisselberg significantly increase the pressure to cooperate with prosecutors.

Weisselberg’s collaboration could lead to a wider case against the company and increase the chances of the former president being prosecuted historically and politically. With the trial unlikely until next year, the CFO will have months to decide whether to face the charges or plead guilty or reach an agreement with prosecutors. Weisselberg has been a Trump executive for four decades, with a unique focus on the former president’s finances and business deals.

Trump has come out against the Democratic Vance probe as a politically motivated witch hunt. The Trump organization on Thursday released a statement calling Weisselberg’s accusation a “ground attempt to harm the former president” and that Vance “brought a criminal trial that would benefit workers who the IRS and any other court would never think would bring.”



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