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.”
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.