Donald Trump’s family business indicted in criminal proceedings | US News

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Donald Trump’s family business and its chief financial officer have been indicted on criminal charges, according to reports.

the Asset The organization was investigated by new York for more than two years, authorities claim they falsely declared property values ​​to secure loans and tax breaks.

But now its longtime CFO would be aware of a slew of accusations, CNN reports.

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Allen Weisselberg is pictured (center) with Donald Trump (left) and his son (right). Photo: AP

Allen Weisselberg, who has worked for the Trumps since 1973, is scheduled to appear in court on Thursday, according to the Wall Street Journal.

It’s unclear what the charges are exactly, but Mr Trump’s team reportedly met with lawyers last week in a last-ditch attempt to avoid indictment.

New York State attorney Letitia James was pursuing a civilian investigation into the finances of the Trump Organization until she announced last month that she was now in a “criminal capacity”.

Trump Tower in New York is one of Mr. Trump's properties under investigation
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Trump Tower in New York is one of Mr. Trump’s properties under investigation

Ms James alleges that the Trump Organization inflated the value of some of its assets to secure larger loans, while undervaluing other properties to secure tax breaks.

The affected properties include the Trump Tower, its estate in upper Manhattan, a hotel in Chicago, and a golf course in Los Angeles.

Her Chicago hotel is under criminal investigation, led by Ms James
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Her Chicago hotel is under criminal investigation, led by Ms James

Separately, Manhattan District Attorney Cyrus Vance – who like Ms James is a Democrat – is investigating Mr Trump’s business dealings before he becomes president.

Mr Trump, who is still banned from most social media platforms, has repeatedly referred to all inquiries concerning him as “witch hunts” which are “rude, mean and biased”.

He did not respond to questions about the investigation put to him by reporters during a visit to the Mexican border in Texas Wednesday.

Mr. Trump's Los Angeles golf course is under investigation.
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Mr. Trump’s Los Angeles golf course under investigation

A spokesperson for the former president also did not comment on the accusations.

But his long-time former senior adviser Jason Miller said Wednesday that criminal charges against his former boss would be “politically terrible for Democrats.”

“They told their lunatics and supplicants in the mainstream media that it was President Trump,” he said on Twitter.

“Instead, their witch hunt is persecuting an innocent 80-year-old man for possibly taking free parking!” Mr Miller added – apparently referring to Mr Weisselberg, who is 73.


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