The Trump Organization's Chief Financial Officer Allen Weisselberg, second from left, arrives to a courtroom in New York, Thursday, July 1, 2021. Donald Trump’s company and its longtime finance chief were charged Thursday in what a prosecutor called a “sweeping and audacious” tax fraud scheme that saw the Trump executive allegedly receive more than $1.7 million in off-the-books compensation, including apartment rent, car payments and school tuition.
Those various businesses share staff with the Trump Organization, including Trump’s two adult sons, Donald Jr. and Eric, both executive vice presidents, and Allen Weisselberg, the indicted chief financial officer.A grand jury indictment charged the Trump Organization with conspiring to help top executives cheat on their taxes by not reporting compensation like free use of apartments and cars, payments of school tuition or reimbursement for personal expenses.
Weisselberg is also accused of cheating on his taxes by disguising that his full-time residence was in New York City, where he was subject to the city's income tax.Trump resigned from positions he held with hundreds of Trump Organization entities in over 20 countries before he took the presidential oath of office four years ago.
“Companies in the financial services industry are reluctant to do business with them," Horwitz said."Their access to capital is limited or cut off as is their ability to place their liquid assets with banks and brokerages.”The giant accounting firm Arthur Andersen started losing auditing business after criminal charges were filed in relation to its Enron work, and it eventually had to lay off tens of thousands of workers.
Although some companies have collapsed after criminal indictments, others have survived or even thrived. Others that received what's called deferred criminal charges have done well afterward, including drug giant Bristol-Myers Squibb, which was accused of accounting fraud, and JPMorgan Chase & Co., which was caught up in connection with Bernard Madoff’s massive fraud.
The Democratic Party went after the former President four seconds after he was sworn in and I’m not a conspiracy nut but you can’t shy away from the facts. Maybe the Democrats do wanna try turning this nation into a communist one. They certainly turned out cities into war zones.
Hey where's hunter? Thank you trump warp speed vaccine
abc.....you do yourself no favors by continuing to label a riot as anything else.... bias & fake news will not be 'clicked on'. clean up your act...