Trump Organization and finance chief plead not guilty to criminal charges

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Trump Organization and its finance chief Allen Weisselberg are accused of tax crimes related to benefits for employees.

The company and its chief financial officer Allen WeisselbergThe 15-count indictment laid by the Manhattan district attorney includes charges of tax fraud and falsifying business records as far back as 2005.Trump Organization chief financial officer Allen Weisselberg appeared at New York State Supreme Court

"It was orchestrated by the most senior executives who were financially benefiting themselves and the company, by getting secret pay raises at the expense of state and federal taxpayers," he said.Weisselberg, 73, who has worked for the company for almost five decades and appeared at court in handcuffs, is accused of concealing $1.76m of income from tax authorities.

"If the name of this company was something else, I don't think these charges would have been brought," he said. It is possible that the case against Weisselberg could give prosecutors the means to pressure him into cooperating with investigations into other aspects of the company's business, as he has extensive knowledge of Mr Trump's dealings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines