10 things you need to know today: July 2, 2021

Trump Organization and CFO are charged with tax crimes, Supreme Court upholds Arizona voting restrictions, and more

A Trump building
(Image credit: Drew Angerer/Getty Images)

1. Trump Organization and CFO charged with tax crimes

The Manhattan district attorney's office on Thursday charged the Trump Organization and its longtime chief financial officer, Allen Weisselberg, with tax crimes following a three-year investigation. Former President Donald Trump's real estate company is accused of operating a 15-year scheme to compensate executives off the books to help them dodge taxes. Weisselberg, who pleaded not guilty, is accused of failing to pay taxes on $1.7 million in perks, such as apartments and cars, that he should have reported as income. "To put it bluntly, this was a sweeping and audacious illegal payments scheme," said Carey Dunne, general counsel for the Manhattan district attorney. The charges unsealed Thursday did not implicate Trump directly. Lawyers for Trump's company said it was being targeted for political reasons.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.