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Cash bonuses paid to employees by Trump Organization to avoid taxes the most likely focus of charges against company: report

“New York prosecutors investigating the Trump Organization are scrutinizing cash bonuses as part of their focus on whether the company failed to pay taxes on benefits provided to some of its employees, people familiar with the matter say. The interest in cash payments, which has not been previously reported, is part of investigators’ look at whether executives and the company failed to pay appropriate taxes on benefits, including school tuition, cars and rent-free apartments, the people said. It’s not clear who received the bonuses or how much they totaled.”

“The Manhattan district attorney’s office and the New York attorney general’s office have been investigating the Trump Organization and its employees for potential tax-related frauds, and charges could come as soon as this week, CNN has reported. Lawyers for Trump and the Trump Organization met with prosecutors last Thursday and Monday in last-ditch efforts to try to persuade prosecutors not to bring charges against the company. Prosecutors are also expected to decide as soon as this week whether to charge Allen Weisselberg, the Trump Organization’s chief financial officer, in connection with benefits, including a rent-free apartment, company car and school tuition for his grandchildren, CNN has reported” – CNN.

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