Trump Organization found guilty of tax fraud in New York trial
Two Trump Organization companies faced a total of 17 criminal counts, including conspiracy and tax fraud.
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Two Trump Organization companies faced a total of 17 criminal counts, including conspiracy and tax fraud.
Attorneys gave closing arguments Friday in the company's tax fraud trial.
"Weisselberg did it for Weisselberg," defense attorneys repeated as a sort of mantra.
During three weeks of testimony, prosecutors portrayed a company in which many of the top executives not named Trump allegedly devised a series of schemes to avoid taxes on income and luxury benefits.
Private school tuition checks signed by Donald Trump and two of his sons figured into improper salary reductions, Allen Weisselberg said.
He may be the former CFO of the Trump Organization but he's still on the payroll, making $640,000 a year.
Company controller Jeffrey McConney had coughed frequently throughout his testimony Monday and Tuesday,
Prosecutors say Allen Weisselberg was a key player in a company fraud scheme. Trump Organization lawyers say he was acting on his own, motivated by "individual personal greed."
The cases range from civil to criminal, state and federal.
Trump's longtime Chief Financial Officer Allen Weisselberg is expected to be the star witness.
Allen Weisselberg very softly answered "Yes, Your Honor," when asked if each of the 15 charges he faced were true, CBS2's Alice Gainer reports.
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Allen Weisselberg is charged with taking more than $1.7 million in off-the-books compensation over several years.
Weisselberg and the company had asked a judge to dismiss criminal fraud and tax evasion charged against them.
The deposition came just days after the FBI carried out an unprecedented search of Trump's Mar-a-Lago estate.
The deposition was part of the attorney general's long-running civil investigation into alleged fraud by the The Trump Organization. CBS2's Maurice Dubois reports.
Trump still needs to pay $110,000 in fines accrued and satisfy other conditions.
The New York State attorney general's office tells CBS2 it's nearly done with its civil investigation into the Trump Organization.
New York Attorney General Letitia James claims Trump has failed to comply with a court order to turn over documents,
The request for tax documents from RSM US LLP was sent after another firm, Mazars USA, recanted financial statements from a decade of work for the Trump Organization.
A judge ruled former President Donald Trump must testify. CBS2's Jessica Moore reports.
James has filed court papers requesting Trump, his son Donald Jr., and daughter Ivanka be questioned under oath, citing "significant evidence" of alleged fraud.
It's in connection with an ongoing civil investigation into the family's business practices, according to a court filing Monday.
The lawsuit describes James, a Democrat, as having "personal disdain for Trump."
Attorney General Letitia James' office has reportedly requested that Trump sit for a deposition on Jan. 7.
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Nurse Jiayi Zheng's death has left a Brooklyn community grappling with a tragedy that many say could've been prevented.
The NYPD is investigating a deadly police shooting that occurred in Times Square on Monday afternoon.
A hearing is set for Monday afternoon over a lawsuit filed on behalf of homeowners who say they shouldn't have to pay New York City's pied-à-terre tax.
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ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
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A First Alert Weather Day has been issued for Tuesday and Wednesday due to the threat of strong to severe thunderstorms.
A fire at a vacant house in Newark, New Jersey, spread to neighboring homes Saturday morning, displacing several families.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
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Nassau County's Jericho and East Williston are the first districts on Long Island to start classes.
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Nurse Jiayi Zheng's death has left a Brooklyn community grappling with a tragedy that many say could've been prevented.
Activity by ICE agents is putting a chill on the economy in parts of Connecticut after an estimated 100 people were recently grabbed off the streets of Danbury and other communities.
A hearing is set for Monday afternoon over a lawsuit filed on behalf of homeowners who say they shouldn't have to pay New York City's pied-à-terre tax.
Recent rainstorms have caused massive flooding problems in New York City. No borough knows the pain more than Queens, home of seven of the city's 10 hardest-hit communities.
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President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
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The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
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