Report: Trump Organization CFO could face charges as soon as this summer


The Manhattan district attorney's office may be wrapping up its criminal tax investigation of Trump Organization CFO Allen Weisselberg, making it possible he could face charges as early as this summer, people with knowledge of the matter told The New York Times.
Prosecutors are looking into whether Weisselberg paid taxes on lavish benefits he received from former President Donald Trump, including leased cars, apartments, and private school tuition for at least one of his grandchildren, the Times reports. They have his personal tax returns and have questioned Jennifer Weisselberg, his former daughter-in-law. A grand jury has listened to evidence about Weisselberg and heard from Jeffrey S. McConney, another top executive at the Trump Organization, the Times says.
Prosecutors want Weisselberg to cooperate in their larger investigation into Trump and whether the Trump Organization committed financial fraud, including inflating property values to secure loans and lowering them to get tax benefits. It is not clear if prosecutors will try to indict Weisselberg, the Times reports; if so, he would be the first person facing charges as part of the fraud investigation into the Trump Organization. Read more at The New York Times.
Subscribe to 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.
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.
-
AI scammer fakes Rubio messages to top officials
Speed Read The unknown individual mimicked Rubio in voice and text messages sent to multiple government officials
-
SCOTUS greenlights Trump's federal firings
speed read The Trump administration can conduct mass federal firings without Congress' permission, the Supreme Court ruled
-
New tariffs set on 14 trading partners
Speed Read A new slate of tariffs will begin August 1 on imports from Japan, South Korea, Thailand and more
-
Elon Musk launching 'America Party'
Speed Read The tech mogul promised to form a new political party if Trump's megabill passed Congress
-
Judge blocks Trump's asylum ban at US border
Speed Read The president violated federal law by shutting down the US-Mexico border to asylum seekers, said the ruling
-
Thai court suspends prime minister over leaked call
Speed Read Prime Minister Paetongtarn Shinawatra has been suspended, pending an ethics investigation
-
Senate passes GOP megabill after Alaska side deal
The pivotal yes vote came from Sen. Lisa Murkowski, whose support was secured following negotiated side deals for her home state Alaska
-
Trump sues LA over immigration policies
Speed Read He is suing over the city's sanctuary law, claiming it prevents local law enforcement from cooperating with federal immigration authorities