Report: Grand jury returns criminal indictments against Trump Organization, its CFO
A Manhattan grand jury filed criminal indictments on Wednesday against the Trump Organization and Allen Weisselberg, its longtime chief financial officer, two people familiar with the matter told The Washington Post.
The indictments will remain sealed until Thursday afternoon, the Post reports, so the charges are unclear. People with knowledge of the case told the newspaper the charges are likely in connection with Trump Organization executives not paying taxes on benefits they received from the company. These will be the first criminal charges to come out of investigations by Manhattan District Attorney Cyrus Vance Jr. and New York Attorney General Letitia James.
Weisselberg is expected to turn himself in on Thursday morning for arraignment before a state court judge later in the day, the Post reports. Former President Donald Trump and others in his circle are not expected to be charged this week.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Weisselberg has worked at the Trump Organization for decades, and is involved in every financial decision, according to people with knowledge of how the company operates. Prosecutors who have been investigating the Trump Organization have been trying to get Weisselberg to cooperate with them as part of a broader probe into the company's financial dealings and whether it artificially inflated property values to secure loans and tax benefits.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
A Nipah virus outbreak in India has brought back Covid-era surveillanceUnder the radar The disease can spread through animals and humans
-
Nasa’s new dark matter mapUnder the Radar High-resolution images may help scientists understand the ‘gravitational scaffolding into which everything else falls and is built into galaxies’
-
Is the US about to lose its measles elimination status?Today's Big Question Cases are skyrocketing
-
Leadership: A conspicuous silence from CEOsFeature CEOs were more vocal during Trump’s first term
-
The end for central bank independence?The Explainer Trump’s war on the US Federal Reserve comes at a moment of global weakening in central bank authority
-
Can Trump make single-family homes affordable by banning big investors?Talking Points Wall Street takes the blame
-
TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
-
Unemployment rate ticks up amid fall job lossesSpeed Read Data released by the Commerce Department indicates ‘one of the weakest American labor markets in years’
-
Phish food for thought: Ben & Jerry’s political turmoilIn the Spotlight War of words over brand activism threatens to ‘overshadow’ the big ice cream deal
-
What a rising gold price says about the global economyThe Explainer Institutions, central banks and speculators drive record surge amid ‘loss of trust’ in bond markets and US dollar
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
