• Oops!
    Something went wrong.
    Please try again later.

Watch Trump Org CFO Allen Weisselberg being led into court in handcuffs

Grace Panetta
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
donald trump allen weisselberg
Trump Organization chief financial officer Allen Weisselberg looks on as then-U.S. Republican presidential candidate Donald Trump speaks during a news conference at Trump Tower in Manhattan, New York, U.S., May 31, 2016. REUTERS/Carlo Allegri//File Photo

Trump Organization CFO Allen Weisselberg appeared in court in Manhattan, New York on Thursday afternoon to face charges in the Manhattan District Attorney's wide-ranging investigation of the company.

A grand jury indictment unveiled on Thursday afternoon charges the Trump Organization and Weisselberg with 15 felony counts of fraud and larceny, alleging that they "devised and operated a scheme to defraud federal, New York State, and New York City tax authorities" by concealing payments "off the books."

Weisselberg, who turned himself in to authorities on Thursday morning, is charged with a scheme to defraud in the first degree and grand larceny in the second degree. He has plead not guilty to the charges.

This content is not available due to your privacy preferences.
Update your settings here to see it.

Read the original article on Business Insider

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting

Recommended Stories

  • Trump Org. CFO Allen Weisselberg to plead not guilty to charges

    Trump Organization CFO Allen Weisselberg to plead not guilty to charges. Yahoo Finance’s Rick Newman shares the details.

  • Trump Org CFO surrenders to NY prosecutor

    The Trump Organization's longtime chief financial officer surrendered to authorities Thursday morning.CFO Allen Weisselberg was seen entering the the building housing the Manhattan District Attorney's office.Weisselberg and the Trump Organization are expected to face criminal charges in a probe by Manhattan DA Cyrus Vance.People familiar with the case told Reuters Thursday's charges focus on allegations Weisselberg and other executives received corporate perks and benefits such as rent-free apartments and leased cars, without reporting them on their tax returns.Trump himself is not expected to be charged, though prosecutors have said their probe into his company is continuingIn a statement, the Trump Organization accused prosecutors of using Weisselberg as a pawn to go after the former president.Charges could increase pressure on Weisselberg to cooperate with the investigation, which he has resisted.Weisselberg's cooperation could be crucial to any future case against his longtime boss.

  • Trump's company, CFO charged with tax fraud, plead not guilty

    NEW YORK (Reuters) -Donald Trump's namesake company and longtime financial chief pleaded not guilty on Thursday to criminal charges in a sweeping indictment from Manhattan's district attorney as he probes the former U.S. president and his business practices. The Trump Organization and its chief financial officer Allen Weisselberg were charged with having schemed since 2005 to defraud tax authorities through the awarding of "off the books" benefits to company executives. Weisselberg was charged with concealing $1.76 million of income including rent for a Manhattan apartment, lease payments for two Mercedes Benz vehicles and tuition for family members, with Trump signing checks for the tuition himself.

  • Handcuffed Allen Weisselberg escorted in NY court

    Lawyers for Donald Trump's company pleaded not guilty to tax crime charges Thursday, along with the Trump Organization's longtime finance chief. (July 1)

  • Michelle MacDonald says she will appeal Minnesota Supreme Court’s suspension of her law license

    The Minnesota Supreme Court on Wednesday indefinitely suspended perennial high court candidate and West St. Paul family law attorney Michelle MacDonald over a pattern of professional misconduct. MacDonald, a Republican, cannot petition for reinstatement for four months, a penalty the Supreme Court said was appropriate for her repeated misconduct that continued even after a previous license ...

  • Trump Organization and CFO Allen Weisselberg Charged With 15 Felony Counts in Tax Scheme

    The Trump Organization and longtime CFO Allen Weisselberg have been charged with 15 felony counts in what prosecutors call a long-running scheme to evade taxes, according to an indictment unsealed Thursday. Weisselberg, who was accused of evading taxes on $1.7 million in income and surrendered to Manhattan District Attorney Cyrus Vance Jr., pleaded not guilty and was released on his own personal recognizance. Trump Organization attorney Alan Futerfas stated after the arraignment that “political

  • Prosecutors allege Weisselberg evaded taxes on $1.7M of income

    Marc Greenberg, Defense Attorney & Former California federal prosecutor, joins Yahoo Finance Live to discuss the latest on Trump Organization CFO Allen Weisselberg’s indictment.

  • House GOP Leader Kevin McCarthy asks why Democrats aren't holding hearings on COVID-19 deaths instead of the Jan. 6 insurrection

    Although Democrats already held hearings on COVID-19 deaths in March, McCarthy said China's role should take precedent over investigating January 6.

  • Trump Organization and CFO expected to be charged Thursday: RPT

    The Trump Organization and CFO Allen Weisselberg are expected to be charged Thursday, according to the Wall Street Journal. Yahoo Finance's Akiko Fujita shares the details.

  • Trump CFO Accused of Massive Scheme to Hide $1.7M From Tax Authorities

    Timothy Clary/GettyFormer President Trump’s family business and its chief financial officer have been charged with tax crimes for a sprawling scheme in which they paid high-level executives a huge chunk of their real salaries “off the books,” according to an indictment unsealed Thursday afternoon.The Manhattan district attorney’s office alleges the scheme went on for 15 years, and has charged the Trump Organization and CFO Allen Weisselberg with criminal tax fraud, falsifying business records, g

  • Ron DeSantis praises Biden for being on top of Surfside tragedy 'since day one'

    Florida Gov. Ron DeSantis thanked President Joe Biden on Thursday for his immediate support of the state's response to the deadly Surfside condominium tragedy.

  • Justice Elena Kagan decries the Supreme Court's 'tragic' voting rights decision in scathing dissent

    Justice Elena Kagan decries the Supreme Court's 'tragic' voting rights decision in scathing dissent

  • Patrick Beverley apologizes to Chris Paul for late-game shove

    Beverley not only apologized, he wished Paul luck in the NBA Finals.

  • Emmanuel Macron warns France is becoming 'increasingly racialised' in outburst against woke culture

    Emmanuel Macron on Thursday warned against the dangers of US-style woke culture in France, saying that debate in the country was becoming increasingly “racialised”. The French president said that creeping racial and identity politics risked “fracturing” the foundations of French society. "I see that our society is becoming progressively racialised," Mr Macron told Elle magazine in an interview coinciding with a UN-sponsored summit on gender inequality in Paris. In particular, he took aim at “int

  • Trump 'emboldened' by Trump Organization indictment, adviser says

    Trump 'emboldened' by Trump Organization indictment, adviser says

  • How Ghislaine Maxwell's legal team hopes to secure her release on basis of Bill Cosby ruling

    Ghislaine Maxwell's legal team is hoping to have her sex trafficking convictions quashed in light of a recent ruling that freed Bill Cosby, the British socialite's lawyer told The Telegraph. Cosby, the disgraced former comedian once beloved as “America’s dad”, was released from jail on Wednesday after a judge in Pennsylvania overturned his conviction based on an earlier non-prosecution agreement with the 83-year-old. David Oscar Markus, a lawyer for Ms Maxwell, said the decision should be applie

  • Trump Organisation CFO Allen Weisselberg appears in NY court in handcuffs accused of tax fraud

    The Trump Organization and its longtime chief financial officer on Thursday pleaded not guilty to tax evasion charges in a New York court, in a widening criminal case against Donald Trump’s business that could complicate his political future. The charges focus on whether Allen Weisselberg and other company executives received benefits and perks such as rent-free apartments, private school fees and cars, without reporting them properly on their tax returns. "This was a 15-year long tax fraud sche

  • Manhattan prosecutors charge Trump Org. and CFO Allen Weisselberg with 15 felony counts including scheme to defraud and grand larceny

    Allen Weisselberg has worked for the Trumps for 40 years, managing the finances of the Trump Organization and family members.

  • A political ad in Florida is trying to make Trump jealous of Gov. Ron DeSantis

    "He was a nobody, Donald, a rookie congressman," the ad says, addressing the ex-president. "Now, Ron's beating you in the race for president."

  • Illegal fireworks blast destroys LAPD bomb squad truck; 17 people hurt

    A haul of confiscated fireworks exploded late on Wednesday, destroying a bomb-squad truck as police in Los Angeles were trying to dispose of the fireworks safely, injuring 17 people including six civilians and damaging cars and buildings, authorities and media said. At least nine Los Angeles Police Department (LAPD) officers and one agent of the U.S. Alcohol, Tobacco, Firearms and Explosives (ATF) were among those hurt, all suffering minor injuries, the city fire department said in a statement.