LRIP

Trump Organization, the CFO is responsible for 15-year tax evasion

July 2, 2021

NEW YORK- Donald Trump and the long-standing chief financial officer on Thursday did not object to what the prosecutor in New York referred to as “sweeping and audacious” tax fraud, stemming from a sample in the business and practice of the former US President.

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It could disrupt the Trump Organization’s relationships with banks and business partners, as well as complicate Trump’s political future as he resumes addressing rallies and considers a presidential run in 2024.

Prosecutors charged the Trump Organization and Weisselberg with defrauding tax authorities by awarding “off the books” benefits to company executives since 2005.

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