February 8, 2023

D.A. The Trump organization could face criminal charges at trial

Manhattan District Attorney’s Office Donald J. Trump’s lawyers have said his family business is considering criminal charges against the Trump organization. Many people are aware of the benefits that this company offers to a top executive.

If the case progresses, District Attorney Cyrus R. Vance Jr., Trump could announce charges against the organization and the executive, Alan H. Weiselberg, Soon next week, people said. Mr. Vance’s attorneys are conducting an investigation with attorneys from the New York State Attorney General’s Lydia James’ office.

Criminal charges Mr. Will be the first to come out of Vance Long-term investigation Mr. In Trump and his business dealings, raise the startling possibility that a former president will have to defend the company he founded and has been running for decades.

While the lawyers were tying up Mr. A lawsuit against Weiselberg for several months, The Trump organization’s chief financial officer, was previously known to be part of an attempt to pressure him to cooperate with the investigation. Face charges.

Lawyers have recently been focusing on much of their investigation Offers Mr. Trump and company Mr. To Weiselberg and other executives, Mr. Tens of thousands of dollars in private school education for one of Weiselberg’s grandchildren, as well as rent for apartments and car leases.

Lawyers are investigating whether those benefits are properly recorded in the company’s ledgers and whether they are taxed. The New York Times reports.

Mr. Trump’s lawyers will meet with senior attorneys at the district attorney’s office on Thursday, hoping to persuade them to drop any plans to charge the company, according to many who knew the crowd. Such meetings are commonplace in white-collar criminal investigations, and it is unclear whether prosecutors have made the final decision on whether to charge the Trump organization, which has long denied wrongdoing.

Many lawyers who specialize in tax rules say it is very unusual to blame a company for failing to pay tax on margin benefits. None of them can cite any recent example, noting that many companies offer their employees the same benefits as corporate cars.

However, Mr. The accusation against Trump’s company could be a significant blow to the former president, who flirted as he returned to politics. Mr. Trump organization. Inseparable from Trump, it acts as a corporate umbrella for hotels, golf clubs and other real estate companies, most of which are stamped with his name.

Mr. It is unclear whether Trump will eventually face the charges himself. The investigation, which began three years ago, is on a broader scale The Trump system manipulated the value of its assets In order to get favorable loans and tax concessions, experts on the subject have said.

The value of the various assets and its employees – Mr. The investigation also examines the company’s statements to insurance companies about any role that two women had in making money during the 2016 presidential campaign – including Weiselberg.

Mr. Mr. Trump is a Democrat. Vance has ridiculed the investigation as a politically motivated “witch hunt.” Mr. He failed to claim his personal and corporate tax return for eight years from Vance’s office, which twice reached the Supreme Court of the United States.

A spokesman for the district attorney’s office declined to comment Friday. Mr. Weisselberg’s attorney, Mary E. Mulligan also declined to comment. A spokesman for the Trump organization could not immediately be reached for comment.

Mr. Thursday’s meeting between Trump’s lawyers and attorneys lasted more than an hour and a half on video call. Ronald B., Trump’s personal lawyer. Pishetti arranged. Mr. Pishetti is a former federal attorney and defense attorney for Mark F. He is a former legal partner of Bomarants, Mr. The District Attorney’s Office listed him to help guide Trump and his investigation. Business.

At least one representative from the New York Attorney General’s Office also attended the meeting. Mrs. James’ Office has been conducting a civil investigation into the same issues that the District Attorney’s Office is investigating, but Mr. Vance has joined the criminal investigation in recent weeks.

In the coming days, Mr. Trump’s lawyers plan to continue trying to persuade lawyers not to charge the company, someone briefly said in the case.

Companies, even private companies such as the Trump organization, are subject to criminal prosecution and may face fines and other penalties if they are proven guilty. Fees can threaten a company’s relationships with banks and business partners and cause lasting reputational damage.

The charges will increase the pressure to cooperate Mr. Weiselberg, Mr. Who can try to cut a deal with lawyers to testify against Trump.

Mr. Weiselberg’s close knowledge of the Trump system – he worked for the company for decades and Mr. Trump was one of the top executives when he was in the White House – the agency that turned his cooperation into a massive asset to investigators. Because of this, he was the center of the investigation into the district attorney’s investigation, Particular attention was paid to the benefits he and his family received.

Generally, those types of benefits are taxable There are some exceptions, And the rules may be dark.

Mr. Mr. Trump. Weiselberg relies heavily on Trump to continue working in the organization while he is under investigation. Mr. In his book “Think Like a Billionaire,” Mr. Trump said: Weiselberg was praised for “doing what was necessary to protect the grassroots.”

Mr. Some of Trump’s things are like unfaithfulness. Close associates have turned to him in the past, including his ex Personal Advocate and Adjustment, Michael D. CohenMr. Trump has dubbed it a “rat”.

Mr. Mr Trump pleaded guilty to two counts of money laundering and two counts of money laundering. Cohen is cooperating with the Manhattan District Attorney’s investigation. After pleading guilty, Mr. Cohen, Mr. Mr. Goyan for paying a woman. Mr. Trump helped the organization to cover up the repayments Cohen received.

Mr. Weisselberg has not been charged with any wrongdoing by federal prosecutors, And Mr. Trump did not pardon him in the final days of his term, although he was said to do so. (Sorry Mr. Weiselberg is not exempt from state fees.)

Mr. After Cohen pleaded guilty in 2018, Mr. Mr. Trump. Weiselberg expressed confidence that he was not directing himself.

“He didn’t do it one hundred percent,” Mr Trump said Told Bloomberg reporters. “He’s a wonderful guy.”

Mr. Weiselberg, in some respects, is the polarization of his longtime boss. Mr. When Trump brought his family into orbit, the finance chief avoided attention. One of his sons, Barry, was the property manager of the Trump Wallman Ring in Central Park. Another, Jack, works at Ladder Capital, one of Mr Trump’s creditors.

But Mr. For the illumination of Trump’s wealth and power, Mr. Weiselberg has done his part. In 2005, when The New York Times Mr. Trying to determine how much money Trump had, Mr. Weiselberg, Mr.

When the list of assets appeared to be only $ 5 billion, Mr. Weiselberg forgave himself.

“I’m going to go to my office and find another billion,” he said.