Daily US Times: Trump Organization, former US President Donald Trump’s company and its finance chief Allen Weisselberg, 73, have been indicted in an investigation into alleged tax crimes, according to US media report.
The specific charges against Trump Organization and the finance chief are still not clear. They are expected to be made public on Thursday.
Donald Trump is not expected to be implicated personally in the case.
New York City has already cut business ties with Mr Trump, who impeached twice during his time in office.
The Trump Organization is a family holding company that owns golf clubs, hotels and other properties.
Any criminal charges brought against the company would mark the first in long-running investigations on alleged fraud by both the state attorney general and the Manhattan district attorney.
Charges by District Attorney Cyrus Vance are expected to focus on whether Mr Weisselberg and other company executives received benefits such as leased cars and apartment rentals without reporting them properly on their tax returns.
Lawyers for the Trump Organization and Mr Weisselberg are expected to make their first court appearance on Thursday, according to the Wall Street Journal, New York Times and Associated Press, which quote unnamed sources.
Trump and his allies have said the investigations are politically motivated.
Mr Weisselberg said in a statement earlier this week that the case was looking at “things that are standard practice throughout the US business community, and in no way a crime”.