(Reuters) – Former United States President Donald Trump's name company and its CFO are expected to be prosecuted on Thursday in Manhattan, a person familiar with the matter said on Wednesday.
Accusations by Manhattan District Attorney Cyrus Vance have been expected to focus on whether Trump Organization CFO Allen Weisselberg and other officials received benefits such as rent-free apartments and rented cars without properly reporting their tax returns, people familiar with the probe said.
with the case, spoke on condition of anonymity, Weisselberg said and the company was expected to be prosecuted on Thursday. Former President Trump's lawyer Ronald Fischetti told Reuters on Monday that he expected the charges to be tax-related.
Mary Mulligan, Mr Weisselberg's lawyer, declined to comment on any allegations. District Attorney Vance's office also declined to comment. Lawyers for the Trump organization did not immediately respond to requests for comment.
Former President Trump, a Republican, was not expected to be prosecuted himself, according to people involved in the case.
In a statement on Monday, former President Trump called prosecutors biased and said his company's actions "were in no way criminal." Mr Fischetti also said on Monday that District Attorney Vance's case was merciless, and he had never in the last half century seen the district attorney's office target a company for benefits.
An indictment could jeopardize the Trump organization by causing banks and business partners to stop doing business with it and result in fines and other penalties if the company was found guilty.
Charges may also increase the pressure on Mr Weisselberg to cooperate with prosecutors, which he has resisted. Mr. Weisselberg is a close confidant of the former president, which makes his cooperation potentially crucial for future goals against himself.
Court applications, public records, and lawsuits have shown that Mr. Weisselberg and his son Barry have received benefits and gifts potentially worth hundreds of thousands of dollars, including many real estate-related benefits.
More charges could be filed against the Trump Organization or officers there, people familiar with the case have said.
District Attorney Vance, a Democrat, has in his nearly three-year-old investigation investigated a number of potential flaws, including whether former President Trump's companies manipulated the value of its properties to lower its taxes and secure favorable loan terms.
Prior to entering the White House in January 201
The case could also complicate former President Trump's political future, as he flirts with a possible 2024 White House leadership.
Prosecutors in District Attorney Vance's office accelerated their focus on the Trump Organization's use of benefits and benefits this fall.
Jennifer Weisselberg, Barry Weisselberg's ex-wife, has met with prosecutors half a dozen times, and according to her lawyer, he has provided boxes of tax and bank records as well as financial reports.
In an interview with MSNBC, Jennifer Weisselberg said she would be willing to testify.
"Yes, absolutely," she said. "I'm ready. I'm ready and that's what I'm preparing. My documents right now are the witnesses themselves. They are used and they are walked through the jury panel."
"We have gone through questions about compensation, benefits and taxes just to examine how to … inform a jury, "she added.
Former President Trump visits the US-Mexico border on Wednesday, when Republicans attack Democratic President Joe Biden over the increase in migrants captured in the United States.
Also If former President Trump is not charged by District Attorney Vance, the former president is still facing at least 17 other investigations and lawsuits.
These include a criminal investigation if he wrongly tried to influence Georgia's election officials to ensure he defeated President Biden in that state's presidential election 2020. They also include defamation lawsuits from two women who said former President Trump lied when he denied to have sexually abused them.