January 29, 2023

Trump organization admits CFO Alan Weiselberg is not guilty of tax evasion

WASHINGTON – Trump organization chief financial officer Alan Weiselberg pleaded not guilty to tax charges in a Manhattan court on Thursday, while a major arbitral tribunal indicted himself and former President Donald Trump’s company in a case involving its business activities.

Weiselberg, 73, was charged with felony criminal mischief in the 2nd degree and was charged with felony criminal mischief. The Trump organization also pleaded not guilty.

Prosecutors, in the indictment, described a multi-year plan to compensate executives “for leaving books” to avoid taxes.

Weisselberg’s attorney, Mary Mulligan, said before the trial that she would “fight these charges in court.” He was a longtime Trump employee He turned himself in early Thursday morning.

D.A. The office later said it did not expect to hold a press conference, adding that “the case is active and relevant to the ongoing investigation.”

Trump said in a statement through his political PAC that the allegations were political.

“The political witch hunt of the extreme left Democrats, New York has now accepted that job, continues,” he said in a statement. “It divides our country like never before!”

The indictment center, which revolves around a plan to “leave the books” compensation to Weisselberg and others in the Trump organization, was previously reported by NBC News.

The indictment was obtained from the offices of Sy Vance, Manhattan DA and Lydia James. New York Attorney General, Two people familiar with the matter told NBC News on Wednesday.

Weiselberg entered the courtroom on Thursday with his lawyer in handcuffs.

Manhattan District Attorney Weiselberg moved to protect the passport as part of his release. He handed over his passport to DA investigators.

Weiselberg does not need to be prevented from going abroad, but he must ask the court’s permission. The judge set a stage conference on September 20 at 9:30 a.m. to set a motion schedule

Vance has an office Investigation of criminal conduct, Court documents such as forgery of business records, insurance fraud and tax fraud in the Trump organization, which is headquartered in New York City. In March, NBC reported that Vance was investigating Trump’s employees, including Weiselberg, Was able to avoid paying taxes in exchange for marginal benefits such as apartments.

In a statement Thursday morning, Weissselberg, a spokesman for the Trump organization, said he was “a loving, dedicated husband, father and grandfather who has served in the Trump organization for 48 years.”

“He is now being used by a Manhattan district attorney as a soldier in a land attempt to harm the former president,” the spokesman said. “The district attorney is bringing a criminal case involving employee benefits that the IRS or any other district attorney never thought about. This is not justice; this is politics.”

Weiselberg’s ex – daughter – in – law Jennifer Weiselberg told MSNBC on Wednesday that she was in contact with Vance’s office, turned over documents and named witnesses. When asked if his ex-mother-in-law was not cooperating with the district attorney’s office, he said he was trying to protect his family and the former president, “not exactly.”

“I think they’re already in trouble,” he said. “I think he’s not cooperating. I think when someone is not cooperating, because the other person can influence you a lot, and this is one reason you are afraid to flip.”

In detail, Jennifer Weiselberg said she considered “Donald” to be a more capable person than Alan Weiselberg.

Ron Fischetti, a lawyer for the Trump organization, said last week that lawyers were pursuing the company and its CFO because they “could not cooperate with Alan Weiselberg, could not tell them what they wanted to hear, and that is why they were moving forward.”

“It seems they are going to come up with allegations against the company. It’s absolutely outrageous. I’m been training for more than 50 years. He will link it to the company and he is working without any evidence that what he did benefited the company, ”said Pishetti.

“This has never been done. It hurts a lot of innocent people who work at that company. They are doing this to get Donald Trump back,” he said.

Lawyers are generally reluctant to blame companies because such action would be a fatal blow to many innocent employees. The best example is the audit firm Arthur Anderson Its client was Enron, and after the company collapsed in 2001 in a massive accounting and bond fraud case, Anderson was accused of obstructing justice. Prosecutors allege that it disconnected important documents related to its work for Enron. The company’s accusation, which was considered the gold standard for ethics, is that it can no longer win government contracts.

The company collapsed after being proven guilty at trial and fired by its 30,000 employees.

However, lawyers may view the Trump system differently. It is not a vast company with tens of thousands of employees that could be affected by a single charge. New York City has already canceled contracts with the Trump organization to run a city-owned golf course, a move in lawsuits and an ice rink in Central Park. The company does not trust government contracts that could be lost after an indictment.

The accusation of the Trump organization, a private company that owns real estate, hotels and golf resorts, has come at a critical juncture for the company, which, like many others, has been hit hard by the Govt-related strikes.

In January, when Trump filed federal financial records of his shares In his final expression as President, Several operations showed bleeding returns. Operations at the Trump National Doral Golf Resort in Miami have fallen 43 percent since 2019 compared to last year, while revenue at the Trump International Hotel in Washington’s old post office building fell 63 percent to $ 15.1 million. Some of his golf courses produced single-digit sales increases, but most of Trump’s assets recorded a decline in revenue since 2019 last year.

Earlier, tax lawsuits were filed against hoteliers in New York.

In 1988, real estate investor Harry Helmsley and his wife Leona were accused of evading $ 1.2 million in federal taxes. They paid for personal expenses, from his underwear to the Helmsley businesses to the $ 3 million renovation of the Connecticut estate. At its peak, their real estate empire was worth $ 5 billion.

During the Helmsley trial, a former homemaker testified that he had heard Says Leona Helmsley: “We do not pay taxes. Only small people pay taxes. Helmsley declined to comment, but was caught off guard.

The indictment was brought by then-Manhattan American lawyer Rudy Giuliani. Businessman Trump later called Leona Helmsley – the “average queen” – for her husband’s plight. In a letter It was obtained by the New York Post.

“Without the veil of Harry Helmsley, you would not be a company. You could not have randomly fired and abused to please yourself,” Trump wrote of Leona Helmsley. “It’s really sad what happened to the famous Helmsley reputation.”