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Crime Donald Trump The Trump Organization

Millions More Tax Documents Uncovered In Financial Fraud Case Against Trump

Remember Allen Weisselberg? He’s the former chief financial officer of the Trump Organization who was charged with several crimes by Manhattan prosecutors in July, including tax fraud and grand larceny.

And now we learn that over 3 million financial and tax documents have been unearthed in the basement of one of Weisselberg’s co-conspirators, according to a report from CNN:

(Bryan) Skarlatos, an attorney for Weisselberg, referenced a dispute between the Manhattan district attorney’s office and Trump Organization lawyers, saying, he is “concerned” that his client “becomes collateral damage in a bigger fight” between the two.

Holding up a manila envelope with a bulge in it, Skarlatos, said that the parties met in the judge chambers, before the court hearing. “It was represented to us by the [district attorney’s office] that this package includes documents found in a co-conspirator’s basement that are tax documents,” Skarlatos said.

Skarlatos did not identify the co-conspirator by name. CNN has reported that one alleged co-conspirator in the investigation is Jeff McConney, the controller of the Trump Organization. McConney has testified at least twice before the grand jury, in which he received immunity for his testimony.

However, the co-conspirator could be anyone with knowledge of the financial dealings of the Trump Organization, including former President Donald Trump and members of his family.

Attorneys also said in court Monday that they expect more indictments to be handed down soon:

“We have strong reason to believe there could be other indictments coming,” Bryan Skarlatos said at a pre-trial hearing in New York State Supreme Court.

Prosecutors are trying to get Weisselberg and other members of the Trump Organization to cooperate with their investigation and provide testimony against the former president and other high-ranking officials of the company.

The Trump Organization is a family-owned and controlled corporation, with the ex-president at the head of the company and his two oldest sons, Donald Jr. and Eric serving as executive vice presidents. Ivanka Trump has also been involved in the business over the years and could be facing legal exposure if she played a role in any criminal activities.

 

Categories
Congress Donald Trump

Federal Judge Hands Trump’s Tax Returns To Congressional Committee: Report

A federal judge ruled Wednesday that some of former President Donald Trump’s tax returns must be given to a House committee investigating possible wrongdoing by Trump and his corporation, the Trump Organization.

 

CNN reports that the ruling is a stinging defeat for Trump, who has long tried to keep his business dealings and tax information secret:

“The ruling is a resounding loss for Trump, given that the accounting records appear to cover financial information that the former President has fiercely protected.

“It is a major step toward resolving the long-running fight over access to Trump’s tax records. Trump has been able to delay the subpoena by taking the case to court, appealing all the way to the Supreme Court. That legal fight has lasted more than two years.

“The case is a continuation of the House tax returns case that traveled up to the Supreme Court. Now, District Judge Amit Mehta has weighed the House request for Trump’s financial records against the standards laid out by the Supreme Court in its 7-2 ruling last year.”

Judge Mehta said in his ruling that the House can have all financial information surrounding “Foreign Emoluments Clause issues and the General Services Administration’s lease with the Trump hotel at the Old Post Office building in Washington.” 

Mehta’s ruling also allows House committees to have access to some financial documents from 2017 and 2018, while Trump was serving as president.

In his ruling, Mehta noted:

“The Committee has presented ‘detailed and substantial’ evidence that President Trump, at least through his business interests, likely received foreign payments during the term of his presidency.”

Though Trump will likely appeal the decision, the fact that a federal judge has already ruled in the affirmative for the House sets a precedent that any other court will find it difficult to overrule, especially since Mehta’s ruling is narrow in scope and focused solely on time periods that involve business decisions the ex-president’s company made while he was still in office.

Categories
Donald Trump Joe Biden Taxation

White House Throws Major Shade At Trump With Statement On Release Of Joe Biden’s 2020 Tax Return

Monday was officially Tax Day for American taxpayers. Millions of us had to make sure we got our returns into the IRS before the midnight deadline.

As you might expect, the tax deadline also applies to the president of the United States, but during the Trump administration there was a running joke that even if the Donald did actually file a return, he probably did so under protest and may have even taken Internal Revenue to court in order to avoid having to fork over the money.

That’s what makes the statement from the Biden administration regarding the current president’s tax returns even more brilliant in the way it’s clearly meant to throw some epic shade at the previous head of state. Just take a look at this:

Now THAT’S what you call professional trolling, and it was an enormous hit on social media, where you could almost hear people standing and applauding:

Kudos to the White House. Well done.

 

Categories
Donald Trump

New York Prosecutor Has Obtained ‘Millions’ Of Donald Trump’s Financial Records

Manhattan District Attorney Cyrus Vance, Jr. is now in possession of “millions” of former President Donald Trump’s financial records, according to CNN, and that could be exactly what the DA’s office needs to make a criminal case against Trump, members of his family, and the Trump Organization.

CNN White House corresponded Kaitlan Collins reported that Vance has hit the motherlode when it comes to Trump’s financial documents:

CNN correspondent Shimon Prokupecz confirmed what Collins had tweeted:

Can you imagine what might be contained in those millions of pages? Safe to bet that a lot of the financial forms could contain evidence of illegal actions (i.e tax fraud and money laundering) that would prove essential to any prosecution of the former president or those associated with his business dealings.

Don’t be surprised if indictments are handed down from Manhattan within the next couple of weeks. And the minute they are, Donald Trump will start whining and possibly looking for a way to leave the country and seek exile elsewhere. But that won’t be too easy for a person as well-known as he is.

Categories
Donald Trump

Former Federal Prosecutor: Trump Will Be Indicted On Tax Charges In ‘A Matter Of Weeks’

It’s widely believed that Manhattan District Attorney Cyrus Vance, Jr. now has eight years of Donald Trump’s taxes and that prosecutors in his office are poring over them at this very moment, filling in the blanks of information they’ve needed in order to formally indict the former president, his company, and even members of his family.

Those returns, according to former federal prosecutor Jennifer Rodgers, are the final piece of the puzzle for Vance, and all but guarantee the former president will be indicted by a Manhattan grand jury within “a matter of weeks.”

In an article she wrote for CNN, Rogers explains her reasoning and why she expects the Manhattan DA is about to make his move:

“Former president Trump reportedly has been quite worried about a possible prosecution for his role in the January 6 insurrection. I suspect, given the vitriolic statement Trump issued Monday about losing the tax returns subpoena — it was a ‘fishing expedition’ he said, and he was being ‘persecuted’– that he is very worried about the Vance investigation as well.

“He should be. It has taken many months of legal wrangling for Vance’s subpoena to be honored; it may be just a matter of weeks before he is in a position to make charging decisions.”

Rodgers also theorizes that Vance’s case is about much more than just payments Trump had his former attorney, Michael Cohen, make to Stormy Daniels, who claims she had an affair with the former president and was given hush money to remain silent:

“Manhattan investigators are likely focused on bank loans, insurance applications and other kinds of financial transactions related to Trump-owned properties to determine whether he or his companies violated any state laws. They are reportedly looking at the conduct of the former president, as well as the Trump Organization and certain of its other top executives.”

Don’t be surprised if you turn on CNN or MSNBC in the days ahead and see that Donald Trump has indeed been indicted on numerous counts of fraud and racketeering. This is about to get very bad for the Donald in very short order.