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Trump's organization and its director face charges of tax evasion

Trump's organization and its director face charges of tax evasion. Trump had previously denied the allegations as politically motivated.

Trump's organization and its director face charges of tax evasion
Yazar: Tom Roberts

Yayınlanma: 6 Temmuz 2021 00:02

Güncellenme: 20 Kasım 2024 04:56

Trump's organization and its director face charges of tax evasion

Trump's organization and its longtime CFO Allen Weisselberg are indicted for tax evasion. The first to report on the jury's verdict was The Wall Street Journal, referring to its sources. The information was later confirmed by the AP agency and The New York Times. The specific allegations are not yet known, the court should publish them only on Thursday, when the defendants will also attend the hearing. The trial follows several years of investigations into the business activities of former US President Donald Trump, led by New York District Attorney Cyrus Vance and New York Attorney General Letitia James, both from the Democratic Party. According to the American media, the alleged tax evasion is related to the various benefits that Trump's organization provided to its boss. The impetus for opening the investigation was the testimony of Trump's former lawyer Michael Cohen, who confessed to the police for violating the rules of financing political campaigns and other crimes. Cohen received a three-year sentence, which he is currently serving under house arrest. Trump has repeatedly challenged investigations in the past as politically motivated. In May, he stated that he was "unfairly attacked and harassed". "There is nothing more corrupt than an investigation that is desperately looking for a crime," Reuters was quoted as saying. According to him, all activities of his company correspond to standard business procedures. Trump did not respond to reporters' questions about the accusations on Wednesday, the AP agency reported. Trump's lawyer Ron Fischetti told her this week that Trump himself was not affected by the charges against New York prosecutors. The senior manager of the Trump Organization today resigned from the authorities in connection with the prosecution, which was initiated by the New York Prosecutor's Office against him and the company of former President Donald Trump. Allen Weisselberg and representatives of the Trump Organization will appear in court today. The New York Times (NYT) wrote, referring to its unnamed sources familiar with the situation. However, if Trump's organization is found guilty, it may face fines or its partners will stop cooperating with it, the server told the British BBC. At the beginning of the year, for example, the city of New York suspended cooperation with Trump's companies due to an attack by its supporters on the Washington Capitol.
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