Donald Trump’s CFO indicted by New York AG, Manhattan DA for income tax evasion

NEW YORK, NY – The Trump Organization’s Chief Financial Officer, Allan Weisselberg has been indicted on multiple criminal charges.

New York Attorney General Letitia James today released the following statement regarding the criminal indictment of Trump Corporation and the Trump Payroll Corporation — together doing business as the Trump Organization — as well as Trump Organization Chief Financial Officer (CFO) Allen Weisselberg on multiple criminal charges: 

“Today is an important marker in the ongoing criminal investigation of the Trump Organization and its CFO, Allen Weisselberg. In the indictment, we allege, among other things, financial wrongdoing whereby the Trump Organization engaged in a scheme with Mr. Weisselberg to avoid paying taxes on certain compensation. This investigation will continue, and we will follow the facts and the law wherever they may lead,” Jones said.

The charges relate to the alleged failure by Weisselberg to pay New York state and federal income taxes on approximately $1.7 million in compensation. This is part of an ongoing criminal investigation conducted by Attorney General James and Manhattan District Attorney Cyrus Vance Jr. 

The charges against the defendants are merely accusations and the defendants are presumed innocent until and unless proven guilty in a court of law.

Trump’s son Don, Jr. said the charges are political.

“Cy Vance’s Trump case is straight from a banana republic — punish your political enemies,” the younger Trump said.

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