Trump seemingly acknowledges facts against Trump Organization

Trump seemingly acknowledges facts against Trump Organization
Former US President Donald Trump. Source: Getty Imagess
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Daily US Times: Former US President Donald Trump appeared to acknowledge the core facts in New York prosecutors’ case against his namesake company Trump Organization and its chief financial officer (CFO) even as he characterized the charges as a political attack aimed at him.

On Saturday night, Trump told a crowd in Sarasota, Florida, that “every company” does “fringe benefits,” but he mocked prosecutors for pursuing the charges, saying it is “reminiscent of a communist dictatorship targeting your political opponents.” The comments mark Mr Trump’s most substantial yet on the charges after they were unsealed last week in the first criminal case against his namesake company.

Trump said: “Never before has New York City and their prosecutors or perhaps any prosecutors criminally charged a company or a person for fringe benefits.

The former president added: ”Fringe benefits. Murders, OK; human trafficking, no problem. But fringe benefits, you can not do that.”

An indictment unsealed Thursday by the Manhattan district attorney’s office charged Trump Organization and an entity called Trump Payroll Corporation with 10 counts and the company’s CFO Allen Weisselberg with 15 felony counts in connection with an alleged scheme stretching back to 2005 “to compensate Weisselberg and other Trump Organization executives in a manner that was ‘off the books.’ “

They were charged with a scheme to defraud, criminal tax fraud, conspiracy and falsifying business records. Weisselberg, who has pleaded not guilty, was also charged with grand larceny and offering a false instrument for filing.

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