Headline Roundup • July 1st, 2021
CFO of Trump Organization Surrenders Ahead of Facing Charges
Summary from the AllSides News Team
Allen Weisselberg, chief financial officer of the Trump Organization, surrendered to federal prosecutors on Thursday ahead of expected criminal tax charges. The exact charges were not immediately known, but they may focus on whether Trump Organization officials received benefits and perks, such as leased cars and rent-free apartments, without reporting them correctly on their tax returns.
The Trump Organization says that Weisselberg is being used as a pawn to harm former President Donald Trump, though Trump himself is not expected to face any charges. An indictment of Weisselberg could undermine the Trump Organization's relationship with business partners and banks, and lead to fines and other penalties.
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Politico
The Trump Organization on Thursday accused the Manhattan District Attorney’s Office of using the company’s chief financial officer Allen Weisselberg as a “pawn” in a political crusade against former President Donald Trump, while avoiding any specific denials of wrongdoing by the newly indicted top executive.
The statement from the Trump Organization came shortly after Weisselberg surrendered to authorities early Thursday morning ahead of expected charges against him and the former president’s family business, according to multiple news outlets.
The Trump Organization described Weisselberg as “a loving and devoted husband, father...
The Trump Organization's longtime chief financial officer Allen Weisselberg surrendered to Manhattan prosecutors on Thursday as he prepares to face charges related to alleged tax fraud.
The Manhattan district attorney's office is expected to unseal indictments filed by a grand jury around 2 p.m., though the exact charges are not yet known. Weisselberg will be arraigned later today at a lower Manhattan courthouse.
Previous reports alleged that the charges will likely revolve around company perks allegedly given to employees that were not properly taxed. The company's top executives were reportedly given private school tuition,...
Reuters
The Trump Organization's longtime chief financial officer Allen Weisselberg surrendered to authorities on Thursday, as he and Donald Trump's namesake company prepare to face the first charges from a criminal investigation.
Weisselberg, who helped run Trump's real estate empire during his presidency, entered a building housing Manhattan's criminal court.
He and the Trump Organization are expected to be arraigned later in the day, a person familiar with the matter has said.
The exact charges being brought by the district attorney, Cyrus Vance, were not immediately known. Vance's office has been...
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