Tag Archives: Trump Organization

NBC News reports: The chief financial officer of Donald Trump’s company, Allen Weisselberg, pleaded guilty to tax violations Thursday in a deal that would require him to testify about illicit business practices at the Trump Organization. The plea deal requires that Weisselberg “testify truthfully” about the company’s role in the alleged compensation arrangement when the Trump Organization goes on trial …

Rolling Stone reports: Allen Weisselberg, the Trump Organization’s finance chief, will say in Manhattan court Thursday that he conspired with several of the ex-president’s companies when he pleads guilty to state tax crimes, two sources familiar with the case tell Rolling Stone. As part of Weisselberg’s plea deal, he has agreed to testify against The Trump Corporation and the Trump …

CBS News reports: A New York State judge ruled Friday that a criminal fraud and tax evasion prosecution against the Trump Organization and its former CFO, Allen Weisselberg, can proceed. Weisselberg and the company asked a judge in February to dismiss all 15 counts charged against them. Judge Juan Merchan dismissed one of several tax fraud counts against the Trump …

The New York Times reports: Donald J. Trump will face questioning under oath from the New York attorney general’s office on Wednesday, a crucial turning point in a long-running civil investigation into his business practices. The stakes for Mr. Trump are uncommonly high. While he has sat for numerous depositions over the years, he fought for months to avoid the …

The New York Times reports: Relatives of people killed on Sept. 11 are urging former President Donald J. Trump to cancel a Saudi-backed golf tournament set to be held this month at Trump National Golf Club Bedminster in New Jersey. In a letter dated Sunday, members of the group 9/11 Justice asked to meet with Mr. Trump and urged him …

Law & Crime reports: Former President Donald Trump’s real estate appraiser Cushman & Wakefield said that it has reached an agreement with New York Attorney General Letitia James to provide subpoenaed documents in order to stay a $10,000 per day contempt order. “We are pleased to have reached an agreement with the OAG that relates to an interim stay of …

Reuters reports: A U.S. appeals court on Friday largely upheld a congressional subpoena seeking financial records from former President Donald Trump’s accounting firm Mazars, but said some of the lawmakers’ requests went too far. The U.S. Court of Appeals for the D.C. Circuit unanimously ruled that the Democratic-controlled House Oversight Committee can obtain records from a period surrounding Trump’s 2016 …

The New York Daily News reports: A Manhattan judge overseeing the New York attorney general’s probe into Donald Trump’s family real estate business said Wednesday that he would fine the former president’s appraising and brokerage firm $10,000 a day. State Supreme Court Justice Engoron found Cushman & Wakefield in contempt of court for refusing to comply with Attorney General Letitia …

The Associated Press reports: Former President Donald Trump must answer questions under oath in New York state’s civil investigation into his business practices, a state appeals court ruled Thursday. A four-judge panel in the appellate division of the state’s trial court upheld Manhattan Judge Arthur Engoron’s Feb. 17 ruling enforcing subpoenas for Trump and his two eldest children to give …

The Washington Post reports: Donald Trump is leaving Pennsylvania Avenue again. The Trump name at the former president’s D.C. hotel — on facade signs, linens, bar napkins and coasters — is set to be removed after the sale of his government lease for the property to CGI Merchant Group for a record-setting $375 million. Miami-based CGI Merchant is partnering with …

The New York Times reports: The Trump family business and President Donald J. Trump’s 2017 inauguration committee have jointly agreed to pay $750,000 to settle a lawsuit filed by the attorney general for the District of Columbia, who claimed that the Trump International Hotel in Washington illegally received excessive payments from the inauguration committee. The settlement in the civil suit …

CNBC reports: A New York judge Friday denied a request by lawyers for former President Donald Trump to lift a contempt of court finding despite the submission of new sworn affidavits from Trump and his attorneys that argue he has complied with a subpoena from the state attorney general. Manhattan Supreme Court Judge Arthur Engoron said that the new affidavits …

CNN reports: Lawyers for the New York State Attorney General’s Office said they are nearly finished with their civil investigation into the Trump Organization, after taking steps to unravel the real estate company’s assets that they described as being as complex as a “Russian nesting doll.” They still want to search two cell phones belonging to former President Donald Trump …

The New York Daily News reports: The city has no “legal foundation” to cancel its contract with former President Donald Trump’s golf course in the Bronx, a Manhattan judge ruled Friday. Former Mayor Bill de Blasio tried to strip Trump’s name from the city-owned Trump Golf Links at Ferry Point Park in February 2021 after the Jan. 6 insurrection. The …

NBC News reports: Donald Trump used to bank with the big guns. Now he’s borrowing from Axos Financial, an obscure, internet-only institution based in San Diego and Las Vegas. In mid-February, Axos refinanced a $100 million Trump Tower mortgage due in September, a New York City Finance Department document shows. The new loan was made just days after The Trump …

Law & Crime reports: Long before its namesake became president, the Trump Organization calculated the value of rent-stabilized units at more than $49.5 million—more than 66 times higher than the $750,000 that an outside appraiser believed them to be worth, New York’s top prosecutor alleged. New York Attorney General Letitia James’s (D) office made that allegation in an eye-popping footnote …

The Hill reports: The New York Supreme Court on Monday ordered the Trump Organization to comply with a subpoena issued by the New York attorney general’s office within the next month. New York Supreme Court Justice Arthur Engoron gave the Trump Organization until April 20 to provide a report detailing “potentially responsive information.” This subpoena was issued more than two …

The Associated Press reports: Donald Trump’s luxury hotel near the White House, which drew diplomats, lobbyists and plenty of controversy while he was president, received government approval Friday to hand the keys to a Miami investment fund, a last hurdle to a sale that many industry experts doubted would ever go through. The $375 million price tag is far more …

NBC News reports: Former President Donald Trump and his adult children have agreed to sit for depositions in a lawsuit filed by investors who allege the family conned them into making bad investments in businesses the Trumps were promoting. According to a Friday court filing, the former president is scheduled for a June 16 deposition, preceded by his sons Don …

The Associated Press reports: Former President Donald Trump has appealed a judge’s decision requiring he answer questions under oath in New York state’s civil investigation into his business practices — a widely expected move that’s likely to prolong the fight over his testimony by months. Lawyers for Trump and his two eldest children filed papers on Monday with the appellate …