Ahead of Impending Charges, Trump CFO Surrenders
The first expected criminal indictment in the investigation of Trump’s business practices prompts the organization’s CFO to surrender to authorities.
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Trump Organization CFO Allen Weisselberg has surrendered to authorities ahead of expected charges against him and former President Donald Trump’s company, reports the Associated Press. New York prosecutors are expected to announce the first criminal indictment in a two-year investigation into Trump’s business practices, accusing his namesake company and Weisselberg of tax crimes related to fringe benefits for employees. There was no indication Trump himself would be charged at this stage of the investigation, jointly pursued by Manhattan District Attorney Cyrus Vance Jr. and New York Attorney General Letitia James, both Democrats.
The planned charges were said to be linked to benefits the company gave to top executives, like the use of apartments, cars and school tuition. The case against Allen Weisselberg — a loyal lieutenant to Trump and his real estate-developer father, Fred — could give prosecutors the means to pressure the executive into cooperating and telling them what he knows about Trump’s business dealings. Allegations against the company bearing Trump’s name raise questions about his knowledge of — or involvement in — business that practices prosecutors suspect were illegal.
