Trump Organization CFO Surrenders To Face Charges In Tax Probe
Former US President Donald Trump’s company and its chief financial officer have been indicted in a probe into alleged tax crimes.
On Thursday, the Trump Organization’s CFO, Allen Weisselberg, surrendered himself to authorities in New York as he and the Trump family’s company prepare to face criminal charges in a tax-related probe. Weisselberg has worked for the Trump family for almost fifty years.
The criminal charges are the first against Trump’s company since prosecutors launched investigations against it three years ago. They present the latest development of an intensifying fight between the former US president and the New York prosecutors.
The exact charges against the Trump Organization and Mr Weisselberg currently remain unknown. However, the charges are likely to involve alleged tax breaches related to benefits that the Trump Organization gave to top executives. No criminal charges are expected to be brought against Mr Trump personally, but they nonetheless define a significant turning point for the former US president. Further charges will likely be made in the future.
Mr Trump and his supporters have said that the investigations into the Trump Organization are politically motivated.
