Trump Organization, CFO Indicted On Charges of 'Audacious' Tax Fraud

Allen Weisselberg faces his first criminal charges, accused of a tax fraud scheme involving the Trump Organization. The scheme allegedly provided off-the-books compensation to executives, reducing tax liabilities. Legal experts discuss the rarity of corporate tax crime charges and Weisselberg's potential legal strategies. Despite the charges, former President Trump is not directly implicated, but the investigation continues. Both Weisselberg and the Trump Organization plead not guilty.

What was the main accusation against Allen Weisselberg and the Trump Organization?

• Insider trading

• Tax fraud

• Embezzlement

• Money laundering

Why is it uncommon for corporations to be charged with tax crimes?

• They usually settle out of court

• They have more legal protections in the tax code

• They are too large to prosecute

• They often have diplomatic immunity

What is one reason Weisselberg might be hesitant to cooperate with prosecutors?

• He has already been convicted

• He has no family to consider

• He has been loyal to Trump for many years

• He is confident of his innocence

What is the potential impact of the ongoing investigation on the Trump Organization?

• It could lead to the organization being disbanded

• It might result in a merger with another company

• It could increase their stock value

• It might lead to new business opportunities

What does the Trump Organization claim about Weisselberg's indictment?

• It is unrelated to any political motives

• It is a strategic move to harm Trump

• It is a fair and justified legal action

• It is a misunderstanding of tax laws