The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Manhattan District Attorney Cyrus Vance Jr.

Screenshot from Cyrus Vance's official Twitter (@ManhattanDA)

Reprinted with permission from Alternet

Investigators with Manhattan District Attorney Cyrus Vance's office have been raising questions about Allen Weisselberg, the Trump Organization's chief financial officer, and his possible involvement in financial fraud.

According to a report published by The New York Times, insiders with knowledge of the investigation have revealed New York state prosecutors are now looking into Weisselberg's financial management of the Trump Organization, as well as his sons, Barry and Jack Weisselberg's financial dealings as part of their father's investigation.

Barry Weisselberg reportedly manages the Trump Organization's Central Park carousel and ice skating rinks while his brother, Jack, is the director of the Ladder Capital Corp., a commercial real estate loan company that has approved multiple loans for the Trump Organization over the last several years.

Insiders familiar with the investigation have also noted that investigators believe Weisselberg might "have incentive to cooperate with Vance's office if prosecutors begin to aggressively pursue leads about his sons."

If prosecutors are able to gain Allen Weisselberg's cooperation, it could serve as a significant shift in their case given his fierce loyalty to Trump. In addition to the investigative probe into Weisselberg's sons, prosecutors are also "examining, among other things, whether Mr. Trump and the Trump Organization falsely manipulated property values to obtain loans and tax benefits."

Despite the mounting evidence investigators are gathering to build their case, Trump and his allies have repeatedly waived off the inquiry deeming it a politically motivated "witch hunt" and "fishing expedition" orchestrated by Vance, who is a registered Democrat.

The latest report comes after Trump's recent court loss. The former president failed at his latest attempt to keep his tax records out of the hands of prosecutors. The Supreme Court's refusal to side with Trump served as a big win for Vance's office. After the ruling was handed down, Trump released a statement.

It read, "For more than two years, New York City has been looking at almost every transaction I've ever done, including seeking tax returns which were done by among the biggest and most prestigious law and accounting firms in the U.S."

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Jacob Chansley, or the "QAnon Shaman," in face paint, furs and horned hat during the January 6 Capitol riot.

Screenshot from Justice Department complaint

Notorious Capitol rioter Jacob Chansley, better known as the "QAnon shaman," is negotiating a possible plea deal with prosecutors after psychologists found he suffers from multiple mental illnesses, his lawyer told Reuters -- while painting a rosy image of the violent insurrectionist's part during the Capitol riot.

According to Albert Watkins, Chansley's defense lawyer, he was diagnosed with transient schizophrenia, bipolar disorder, depression, and anxiety by officials at the federal Bureau of Prisons (BOP). The findings have not yet been made public.

Keep reading... Show less

'Audit' under way in Maricopa County, Arizona.

Screenshot from azaudit.org

This article was produced by Voting Booth, a project of the Independent Media Institute.

The "big lie" that President Joe Biden was not legitimately elected is not going away. One reason is Americans who care about their democracy are not learning how votes for president in 2020 were counted and verified — neither from the big lie's promoters nor from most of its fact-driven critics.

Keep reading... Show less
x

Close