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BREAKING: Trump Organization Indicted, Weisselberg to Surrender Thursday Morning

BREAKING: Trump Organization Indicted, Weisselberg to Surrender Thursday Morning

The Trump Organization and Allen Weisselberg, its longtime finance chief, were indicted Wednesday eveing by a grand jury in Manhattan, The Washington Post has reported.

The charges reportedly center around allegations of Weisselberg and other Trump Organization executives receiving benefits without reporting them properly on their tax returns, unnamed sources told the Post.

[US President-elect Donald Trump along with his son Donald, Jr., arrive for a press conference at Trump Tower in New York, as Allen Weisselberg (C), chief financial officer of The Trump, looks on January 11, 2017. – As US President Donald Trump’s former lawyer Michael Cohen delivered hours of riveting testimony to a US House committee on February 27, 2019, one name came up again and again: Allen Weisselberg. Weisselberg, 71, is the publicity-shy chief financial officer of the Trump Organization and one of the real estate tycoon’s oldest and closest advisors. Photo credit: TIMOTHY A. CLARY/AFP via Getty Images]
The indictments against the organization and Weisselberg will stay sealed until Thursday afternoon, the report said. The Post also reported, citing sources, that Weisselberg is expected to surrender Thursday morning. Weisselberg is expected to be arraigned in front of a state judge later that day, according to the Post. The Trump Organization is also expected to be arraigned.

The charges reportedly center around allegations of Weisselberg and other Trump Organization executives receiving benefits without reporting them properly on their tax returns.

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Donald Trump is not expected to be charged this week, the report’s sources said, but the indictments could bring possible fines and legal problems to his company. However, prosecutors hope Weisselberg will exchange testimony against Trump for reducing his own risk, another source told the Post. Trump Organization lawyer Ronald Fischetti had no immediate comment. Weisselberg’s lawyer, Mary Mulligan, also declined to comment.

MSNBC’s Chris Hayes gleefully broke the news on “All In”. Watch the segment, below.

[This is a breaking and developing story, please check back for updates]

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