Thursday Reads: Accountability For The Trump Crime Family?
Posted: May 20, 2021 Filed under: morning reads, U.S. Politics | Tags: Allen Weisselberg, Cyrus vance Jr., Donald Trump, January 6 commission, Jennifer Weisselberg, Letitia James, Matt Gaetz, Michael Cohen, Trump crime family, Trump Organization
By Arne Kavli
We appear to be inching closer to the possibility that Trump and his minions could actually be prosecuted. It hasn’t happened yet, but news has broken over the past few days that suggests that real accountability could be coming for the Trump crime family.
Bill Chappelle, Andrea Bernstein, and Ilya Marritz at NPR: What We Know So Far About The Trump Organization Criminal Investigation.
New York Attorney General Letitia James is investigating former President Donald Trump’s business, the Trump Organization, “in a criminal capacity,” her office says, ratcheting up scrutiny of Trump’s real estate transactions and other dealings.
The state attorney general is joining forces with Manhattan District Attorney Cyrus Vance Jr., who has been conducting a separate criminal inquiry into Trump’s business practices and possible insurance or financial fraud as well as alleged hush money payments to two women who said they had affairs with Trump before he became president….
Dorothy Weir Young, “Seated Girl Reading Newspaper,” 1930
The new collaboration between the state and local offices is an unusual event in itself: In New York, the attorney general and the district attorney have historically been rivals. But in this case, they’re working together.
Two assistant attorneys general have now joined the district attorney’s team of prosecutors. They’re all trying to unravel troves of complicated information, including millions of pages of tax returns and other documents related to how the Trump Organization operates in the U.S. as well as its sprawling international enterprises.
With the shift in focus from James’ office, we now know that both of these prosecution teams are making a determined and coordinated effort to sift through evidence of possible crimes.
Read the whole article. It’s a good summary of where things stand right now. Here’s the latest breaking news on the investigations:
The New York Times: Top Trump Executive Under Criminal Investigation Over Taxes.
The New York attorney general’s office has been criminally investigating the chief financial officer of former President Donald J. Trump’s company for months over tax issues, according to people with knowledge of the matter.
The office of the attorney general, Letitia James, notified the Trump Organization in a January letter that it had opened a criminal investigation related to the chief financial officer, Allen Weisselberg, the people said. The investigators have examined whether taxes were paid on fringe benefits that Mr. Trump gave him, including cars and tens of thousands of dollars in private school tuition for at least one of Mr. Weisselberg’s grandchildren….
Auguste Macke, Woman reading
The focus on perks and Mr. Weisselberg overlaps with the Manhattan district attorney’s long-running criminal fraud investigation of Mr. Trump and his family business. The district attorney’s office has been investigating the extent to which Mr. Trump handed out fringe benefits to some of his executives, including Mr. Weisselberg, and whether taxes were paid on those perks, The New York Times previously reported.
In recent weeks, Ms. James’s office suggested to the company in a new letter that it had broadened the criminal investigation beyond the focus on Mr. Weisselberg, one of the people said. It was unclear how the inquiry had widened.
In general, fringe benefits — which can include cars, flights and club memberships — are taxable, though there are some exceptions. Companies are typically responsible for withholding such taxes from an employee’s paycheck….
In addition to the fringe benefits, Ms. James and the district attorney, Cyrus R. Vance Jr., have examined whether Mr. Trump’s company inflated the value of his properties to obtain favorable loans and lowered the values to reduce taxes.
More details from CNN: