leomoon
Well-known member
Facts from yesterday's Court hearing:
New York Times:
The details
In court yesterday, Carey Dunne, a senior member of the district attorney’s office, described the Trump Organization’s behavior as “a sweeping and audacious illegal payments scheme.” The indictment argues that the company gave Weisselberg $1.7 million in perks that it recorded as compensation in an internal spreadsheet but kept off its books to avoid taxes. Weisselberg also failed to mention some of the payments in his own tax filings. (Here is a more detailed Times explainer of the charges.)
Weisselberg pleaded not guilty, and his lawyers said he would fight the charges. Lawyers for the Trump Organization released a statement calling the charges politically motivated: “This case signals that it is now open season for local prosecutors to target federal political opponents and adversaries.”
Among the charges in the indictment:
The Trump Organization spent almost $1.2 million in untaxed income to allow Weisselberg and his wife to live in an apartment on the Hudson River. While living there, Weisselberg also concealed the fact that he was a New York City resident, allowing him to evade city taxes.
The company paid for two of Weisselberg’s relatives to attend Columbia Prep, a private school in Manhattan, at a cost of $359,000. Trump personally signed some of the checks.
The company illegally paid for two Mercedes-Benzes for Weisselberg and his wife, as well as beds, TVs and carpeting installation for his and his children’s homes.
The company gave — and hid — cash to Weisselberg that he used as holiday tips.
For more: The charges may hurt Trump’s finances. Indictments can jeopardize relationships with banks, and Trump has large outstanding loan
New York Times:
The details
In court yesterday, Carey Dunne, a senior member of the district attorney’s office, described the Trump Organization’s behavior as “a sweeping and audacious illegal payments scheme.” The indictment argues that the company gave Weisselberg $1.7 million in perks that it recorded as compensation in an internal spreadsheet but kept off its books to avoid taxes. Weisselberg also failed to mention some of the payments in his own tax filings. (Here is a more detailed Times explainer of the charges.)
Weisselberg pleaded not guilty, and his lawyers said he would fight the charges. Lawyers for the Trump Organization released a statement calling the charges politically motivated: “This case signals that it is now open season for local prosecutors to target federal political opponents and adversaries.”
Among the charges in the indictment:
The Trump Organization spent almost $1.2 million in untaxed income to allow Weisselberg and his wife to live in an apartment on the Hudson River. While living there, Weisselberg also concealed the fact that he was a New York City resident, allowing him to evade city taxes.
The company paid for two of Weisselberg’s relatives to attend Columbia Prep, a private school in Manhattan, at a cost of $359,000. Trump personally signed some of the checks.
The company illegally paid for two Mercedes-Benzes for Weisselberg and his wife, as well as beds, TVs and carpeting installation for his and his children’s homes.
The company gave — and hid — cash to Weisselberg that he used as holiday tips.
For more: The charges may hurt Trump’s finances. Indictments can jeopardize relationships with banks, and Trump has large outstanding loan