Trump Organization, CFO Allen Weisselberg Are Charged With Tax Crimes : NPR
NPR
Former President Donald Trump's family business and its longtime chief financial officer, Allen Weisselberg, have been charged by the Manhattan district attorney's office in a case involving an array of alleged tax-related crimes.
In an indictment unsealed Thursday, prosecutors allege that starting from as early as 2005 and up until last month, the Trump Organization and Weisselberg have committed tax fraud and falsified business records as part of a scheme to compensate executives at the Trump Organization "off the books." The goal, prosecutors claim, was to avoid paying hundreds of thousands of dollars in taxes by compensating employees with lavish perks in addition to their regular pay.
Weisselberg allegedly received indirect compensation — including housing expenses, home furnishings and leases for two Mercedes-Benz automobiles — with a total value of around $1.76 million and is accused of evading more than $901,000 in federal, state and local taxes combined. Private school tuition for two of Weisselberg's family members, according to the indictment, was paid with personal checks signed by Trump. Weisselberg, an employee of the Trump Organization since 1973, is also alleged to have arranged for various Trump businesses to make payments to him and to other executives as independent contractors, conferring tax benefits on retirement accounts.