Donald Trump company’s CFO surrenders before expected charges.

The chief financial officer of the Trump Organization surrendered to authorities on Thursday as he and former US president Donald Trump’s namesake company prepare to face criminal charges.

Allen Weisselberg, the CFO, entered a building housing Manhattan’s criminal court, where he and a Trump Organization representative are expected to appear later in the day.

The charges would be the first to emerge from an ongoing investigation into Mr Trump’s real estate empire, which has been hovering over the former president since he left office in January. Mr Trump denies wrongdoing and calls the investigations a “witch hunt” by politically-motivated prosecutors.

Mr Trump himself is not expected to be charged this week, though prosecutors have said their investigation into his Trump Organization is continuing, his lawyer Ronald Fischetti has said.

The charges are expected to focus on whether Mr Weisselberg and other executives received perks and benefits such as rent-free apartments and leased cars, without reporting them properly on their tax returns, people familiar with the probe have said.

Mr Weisselberg and the company are expected to be arraigned on Thursday, a person familiar with the matter has said, speaking on condition of anonymity.

The criminal case stems from an investigation by Manhattan district attorney Cyrus Vance in collaboration with New York state attorney general Letitia James.

Mr Fischetti said on Monday that prosecutors suggested the charges would be related to taxes and fringe benefits.

“This will be their first blow,” Mr Fischetti said.

Mary Mulligan, a lawyer for Mr Weisselberg, has declined to comment on possible charges.

In a statement on Monday, Mr Trump called prosecutors biased and said his company’s actions were “in no way a crime”.

Blowback from the case could complicate Mr Trump’s political future as he considers a possible 2024 White House run.

The Trump Organization could face fines and other penalties if convicted. – Reuters

The Irish Times

The Irish Times online. Latest news including sport, analysis, business, weather and more from the definitive brand of quality news in Ireland.

https://www.irishtimes.com/

Biden Administration Seeks Repeal of 2002 War Powers Authorization.

Biden Administration Seeks Repeal of 2002 War Powers Authorization.

In a move to restore power to the legislative branch, a Senate panel looks at repealing the resolution that authorized the use of military force in Iraq

NBC News NOW Full Broadcast – August 3, 2021

NBC News NOW Full Broadcast – August 3, 2021

NYC set to require Covid-19 vaccination proof to access indoor dining, gyms, calls grow for Gov. Cuomo to resign following sexual harassment allegations, Senate report warns federal agencies unprepared for foreign cyberattacks.  » Subscribe to NBC...

Gutfeld: Anyone with half a brain could see this coming.

Gutfeld: Anyone with half a brain could see this coming.

'Gutfeld!' panel reacts to ammo shortage in America. #FoxNews #Gutfeld Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as wel...

CDC halts residential evictions for 60 days - Breaking.

CDC halts residential evictions for 60 days - Breaking.

Fox News reports that this benefit will extend to highly effected COVID areas, resulting in most of the United States. #FoxNews #Breaking Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24...

Portland police struggle to fill gun violence unit dismantled during BLM protests.

Portland police struggle to fill gun violence unit dismantled during BLM protests.

Portland Police Association President Daryl Turner joins to discuss why crime is surging in Portland Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompassing news service d...

Codeine Abuse Increasing Among South African Youth, Experts Say.

Codeine Abuse Increasing Among South African Youth, Experts Say.

To counter drug addiction among young people, communities are creating initiatives to rehabilitate them   #codeine