Manhattan DA Prosecutes Trump Organization CFO
Allen Weisselberg is facing indictment, according to sources.
The charges could include tax fraud and falsifying business records, sources say.
In a landmark case that could have major implications for the former president, the Manhattan District Attorney's office is preparing to indict the Trump Organization's chief financial officer, Allen Weisselberg, according to sources familiar with the investigation.
Weisselberg, who has been with the Trump Organization for decades, is expected to be charged with tax fraud and falsifying business records, the sources said. The indictment is expected to be unsealed as early as next week.
The charges against Weisselberg are the culmination of a two-year investigation by the Manhattan DA's office into the Trump Organization's finances. The investigation has focused on whether the Trump Organization inflated the value of its assets to obtain favorable loans and tax breaks.
Weisselberg is a close associate of former President Donald Trump and has been described as the "gatekeeper" of the Trump Organization's finances. His indictment would be a significant development in the Manhattan DA's investigation into the Trump Organization and could lead to further charges against the former president.
The indictment of Weisselberg is a major blow to the Trump Organization and could have a significant impact on the company's ability to do business. The Trump Organization is already facing a number of lawsuits, including a civil suit by the New York Attorney General's office alleging that the company engaged in fraudulent practices.
The indictment of Weisselberg is also a significant development in the ongoing investigation into the Trump Organization's finances. The investigation is being led by Manhattan DA Cyrus Vance Jr., who has vowed to hold the Trump Organization accountable for any wrongdoing.
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