The Trump Organization is facing another criminal investigation in New York over its golf course’s financial dealings, report says




Former President Donald Trump. Win McNamee/Getty Images

  • The Westchester County district attorney’s office is investigating the Trump Organization, NYT reported.

  • The criminal inquiry is focused on if the company tried to artificially reduce its property value to pay lower taxes.

  • It’s the second New York-based criminal investigation of the Trump Organization.

The Westchester County district attorney’s office recently subpoenaed records from the Trump National Golf Club in Westchester, The New York Times reported on Wednesday.

The report said that the investigation is focused on whether the Trump Organization misled local officials about the value of the property in an effort to reduce its taxes.

This is the second criminal investigation in New York that’s focusing on former President Donald Trump’s business activities. The Manhattan district attorney’s office also launched an inquiry into whether the Trump Organization violated state laws after it surfaced that Trump coordinated an illegal hush-money payment to the adult film star Stormy Daniels shortly before the 2016 election.

The DA’s office charged the Trump Organization and Chief Financial Officer Allen Weisselberg in July with 15 felony counts, accusing him of tax fraud and grand larceny.

Prosecutors said the alleged criminal conduct was carried out as part of a “sweeping and audacious payment scheme” and that Weisselberg personally did not pay taxes on $1.7 million of his income dating back to March 2005.

Weisselberg and the Trump Organization pleaded not guilty to the charges, which were laid out in a 25-page indictment.

The Times reported that Westchester County district attorney Mimi Rocah, a Democrat and a prominent Trump critic, has not accused anyone at the Trump Organization of wrongdoing, and no charges have been filed.

This story is developing. Check back for updates.

Read the original article on Business Insider


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