Current Affairs

Trump Organization Is Charged in 15-Year Tax Scheme – The New York Times

By Ben Protess, William K. Rashbaum and Jonah E. Bromwich, July 1, 2021Updated 3:46 p.m. ET

Allen Weisselberg, center, surrendered Thursday morning at the Lower Manhattan building that houses the criminal courts and the district attorney’s office.Credit…Jefferson Siegel for The New York Times

The Trump Organization, the real estate business that catapulted Donald J. Trump to tabloid fame, television riches and ultimately the White House, was charged Thursday with running a 15-year scheme to help executives avoid paying taxes by compensating them off the books.

The Manhattan district attorney’s office, which has been conducting the investigation, also accused a top executive, Allen H. Weisselberg, of dodging taxes on $1.7 million in perks that should have been reported as income.

Mr. Weisselberg, Mr. Trump’s long-serving and trusted chief financial officer, faced grand larceny, tax fraud and other charges.

Editor’s Note: Stay tuned for more on this.. more indictments.. trials…

Source: Trump Organization Is Charged in 15-Year Tax Scheme – The New York Times