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mr. weisselberg is being accused of doing.a: in this indictment, there is a total of 15 counts of tax fraud. what they are alleging is that the trump organization and also specifically mr. weisselberg has been defrauding the tax organitions here in the united states. the irs, the ones that are responsible for collecting income tax from individuals and companies. the theme we are seeing in these charges is, look -- there was a long scheme that ran from march of 2005 up until june 30 of 2021. that's yesterday. that this scheme was going on to defraud the american tax organizations here. they would be engaged in things like underselling how much compensation mr. weisselberg was actually making -- there had been reports that his income over the years was around $800,000. according to this indictment, his compensation in one year was one seven $6 million. -- $1.76 million. he also did not report that he was living in new york, that he was living elsewhere, when in fact he was living in new york, and not paying new york taxes. the a
mr. weisselberg is being accused of doing.a: in this indictment, there is a total of 15 counts of tax fraud. what they are alleging is that the trump organization and also specifically mr. weisselberg has been defrauding the tax organitions here in the united states. the irs, the ones that are responsible for collecting income tax from individuals and companies. the theme we are seeing in these charges is, look -- there was a long scheme that ran from march of 2005 up until june 30 of 2021....
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and a statement from the trump organization spat defiance over the treatment of mr weisselberg: afterdefiance over the treatment of mr weisselberg: after a short hearing, he left court charged with fraud, charged with giving perks to trump executives and family members that were never declared. on the face of it, these charges might seem, after a 3—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's just leaving court now, that this is the start of a process, not the end of it. trump lawyers after the hearing were trying to sound upbeat. the company is very, very optimistic, uh, that, uh, and, uh, we're certainly hopeful that there will not be significant effects. what donald trump desperately needs now is that he remains tough, because weisselberg is under pressure from the new york authorities to tell them everything he knows. this isn't over — nowhere near. jon sopel, bbc news, new york. richard painter is a law professor at the university of minnesota. and he was the former white house chief eth
and a statement from the trump organization spat defiance over the treatment of mr weisselberg: afterdefiance over the treatment of mr weisselberg: after a short hearing, he left court charged with fraud, charged with giving perks to trump executives and family members that were never declared. on the face of it, these charges might seem, after a 3—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's...
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mr. weisselberg to flip on the organization, on donald trump jr., on eric trump and on mr.mp himself, the former president on a much bigger tax fraud scheme case. along the lines that the fixer, michael cohen, when he was before congress laid out that said that they were playing with the books. inflating their assets when -- for insurance purposes to cover more stuff, deflaing them to pay less taxes. the way this is so weird and falls apart when you talk to a lot of lawyers and i've spend a lot of them saying unpack this for me. if you have spent five years on a case like this with all of the documents and subpoenas that mr. vance has come up with and mr. weisselberg would be part of that alleged scheme he's looking at, right? he's the cfo. the most you got on mr. weisselberg as part of that scheme from the documents at least is these perks, it seems like penny ante. it doesn't ring true. yes, they want him to flip. no doubt about that. digest that for a five. five years looking at this alleged scheme. only four people that could be in the scheme in a principle way, eric tr
mr. weisselberg to flip on the organization, on donald trump jr., on eric trump and on mr.mp himself, the former president on a much bigger tax fraud scheme case. along the lines that the fixer, michael cohen, when he was before congress laid out that said that they were playing with the books. inflating their assets when -- for insurance purposes to cover more stuff, deflaing them to pay less taxes. the way this is so weird and falls apart when you talk to a lot of lawyers and i've spend a lot...
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mr. weisselberg did not do it before he was charged.harged and etch a few, and i have had it happen in my own cases, they will co-op after they are convicted, so there are more off-ramps for him. the greater the leverage and the more charges against someone, the more likely they are to cooperate, and not everyone does, and by the way, let me be clear about what flipping is. normally, when we use that term, there is no precise definition, but we mean somebody with some criminal exposure cooperating against others typically higher in the chain. the prosecutors and the agents like to work up the ladder and not down the ladder, but you can cooperate sideways or up, and the key is that if you are going to cooperate, you have to be entirely truthful, and so if he has been debriefed and he lied or he takes the stand in his own defense and lies, then he is not particularly useful. that is something that we saw happen with michael cohen, and remember at first he said that he would take a bullet for the president, and he refused to cooperate, and
mr. weisselberg did not do it before he was charged.harged and etch a few, and i have had it happen in my own cases, they will co-op after they are convicted, so there are more off-ramps for him. the greater the leverage and the more charges against someone, the more likely they are to cooperate, and not everyone does, and by the way, let me be clear about what flipping is. normally, when we use that term, there is no precise definition, but we mean somebody with some criminal exposure...
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this is politics" it's thought prosecutors tried to try to get mr weisselberg to �*flip�* into co—operatingially even against donald trump. listen to this question a reporter put to him in the street. do you feel pressure from mr trump? i don't have a comment. "do you feel pressure from mr trump" the reporter asks. "i have no comment" he says. but now — prosecutors have charged mr weisselberg. daniel litman is a former us federal attorney. he was asked earlier if prosecutors were still trying to turn the trump organisation's chief financial officer into an informant. i would say much less. certainly it was the speculation and it was accurate. they were putting the pressure on him and saying, as prosecutors do, "this is what we have against you, we will follow through if you don't cooperate." and he decided not to. so they are bringing what they have on him now. these tax violations that you mentioned. they are nowhere near the magnitude of some of the possible charges that have been swirling about, at least in the rumour mill with respect to trump himself, the organisation, even weisselberg
this is politics" it's thought prosecutors tried to try to get mr weisselberg to �*flip�* into co—operatingially even against donald trump. listen to this question a reporter put to him in the street. do you feel pressure from mr trump? i don't have a comment. "do you feel pressure from mr trump" the reporter asks. "i have no comment" he says. but now — prosecutors have charged mr weisselberg. daniel litman is a former us federal attorney. he was asked earlier...
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mr. weisselberg's lawyers and mr. weisselberg is he is going to fight this, for now. and see what comes down the pike, in terms of additional charges. if he were to have cooperated with the da's office, you can be sure that the da's office would have required him to imlicate not only other people in the larger investigation. meaning, loan fraud, bank fraud, insurance fraud, maybe other tax fraud. but he would have to implicate himself, as well, in order to be an effective cooperator. and that's a larger case. so his calculation, at this point, is he's not going to cooperate, now, on a case that doesn't require jail to implicate himself in a case that might involve millions of dollars. and perhaps, require jail. so, i think they are going to wait and see what happens with further charges. >> andrew weissman, we have been discussing, you and i, on this program for a while, the anticipation of this indictment. now that you have seen it, had a chance to read it. what is your reaction to what you find in it? >> so i agree with susan. and i think a really good sign of that
mr. weisselberg's lawyers and mr. weisselberg is he is going to fight this, for now. and see what comes down the pike, in terms of additional charges. if he were to have cooperated with the da's office, you can be sure that the da's office would have required him to imlicate not only other people in the larger investigation. meaning, loan fraud, bank fraud, insurance fraud, maybe other tax fraud. but he would have to implicate himself, as well, in order to be an effective cooperator. and that's...
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and a statement from the trump organization spat defiance over the treatment of mr weisselberg. .. a short hearing, he left court charged with fraud, charged with giving perks to trump executives and family members that were never declared. on the face of it, these charges might seem, after a three—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's just leaving court now, that this is the start of a process, not the end of it. trump lawyers after the hearing were trying to sound upbeat. the company is very, very optimistic... and, uh, we're certainly hopeful that there will not be significant effects. what donald trump desperately needs now is that he remains tough, because weisselberg is under pressure from the new york authorities to tell them everything he knows. this isn't over, nowhere near. jon sopel, bbc news, new york. well, we can speak now to form a cheap house ethics lawyer for george w bush. —— chief white house ethics lawyer. it's good to have you with us. in your assessment, what y
and a statement from the trump organization spat defiance over the treatment of mr weisselberg. .. a short hearing, he left court charged with fraud, charged with giving perks to trump executives and family members that were never declared. on the face of it, these charges might seem, after a three—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's just leaving court now, that this is the start of a...
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mr. weisselberg. so, you know, some clues there, but, you know, as far as the list of crimes we've heard abou, stormy daniels, inflated valuations, false losses coming from international companies -- there's been a lot out there that we just haven't seen yet. the question is whether this investigation is going to go on to look at those or, of course, if it's done and they've looked at that and decided there's no criminal activity. so there's a lot to be seen in the four months that we still haveo go in this grand jury term. >> reporter: and in the ten secondwe have left here, talk a little bit about where this may go next. as a matter of law, grand jury proceedings are secret, but where might this go next? >> i've laid out a bunch of areas i'm sure the district attorney is looking at, so i would expect them to keep going through records and call witnesses who might be able to shine light on exactly the scope of the criminal conduct in the organization and, of course, who was involved. >> reporter: wel
mr. weisselberg. so, you know, some clues there, but, you know, as far as the list of crimes we've heard abou, stormy daniels, inflated valuations, false losses coming from international companies -- there's been a lot out there that we just haven't seen yet. the question is whether this investigation is going to go on to look at those or, of course, if it's done and they've looked at that and decided there's no criminal activity. so there's a lot to be seen in the four months that we still...
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mr. weisselberg for short. >> michael cohen there testified about weisselberg in 2019. he's been a reasons there several times. the investigation remains ongoing and michael cohen joins me now. michael. you started this and your reaction to today's indictment. the organization that you used to work for and the cfo you used to work so closely with. >> i am not surprised of the ziemt, thest a little benefit what of us looking for or hoping for in a sweeping set of indictment meaning allen weisselberg. he's not the keystone to this entire indictment. there will be more as far as i am concerned. i know that i had gone in and i have spoken on more than a dozen occasions to the district attorney and there are a multitude of issues that are far more ranging from allen weisselberg is not paying for a car. he's not the only one. it had the same wacky compensation package. >> wacky compensation, the company intentionally use to avoid taxes, is that your view? >> well, my view is that if you are living in an apartment that you are not paying for it. it is probably not standard and
mr. weisselberg for short. >> michael cohen there testified about weisselberg in 2019. he's been a reasons there several times. the investigation remains ongoing and michael cohen joins me now. michael. you started this and your reaction to today's indictment. the organization that you used to work for and the cfo you used to work so closely with. >> i am not surprised of the ziemt, thest a little benefit what of us looking for or hoping for in a sweeping set of indictment meaning...
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and a statement from the trump 0rganization spat defiance over the treatment of mr weisselberg. ..rged with giving perks to trump executives and family members that were never declared. 0n the face of it, these charges might seem, after a three—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's just leaving court now, that this is the start of a process, not the end of it. trump lawyers after the hearing were trying to sound upbeat. the company is very, very optimistic... and we're certainly hopeful that there will not be significant effects. allen weisselberg has worked for the trump family for nearly half a century. replacing george this week is my chief financial officer, allen weisselberg. and you think george is tough? wait till you see allen. what donald trump desperately needs now is that he remains tough, because weisselberg is under pressure from the new york authorities to tell them everything he knows. this isn't over, nowhere near. jon sopel, bbc news, new york. the polls have just c
and a statement from the trump 0rganization spat defiance over the treatment of mr weisselberg. ..rged with giving perks to trump executives and family members that were never declared. 0n the face of it, these charges might seem, after a three—year investigation, relatively minor — keeping payments off the books — but the district attorney is making clear to mr weisselberg, who's just leaving court now, that this is the start of a process, not the end of it. trump lawyers after the...
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mr. weisselberg.lues there, but as far as the penn napoli of crimes we heard about, false valuations, stormy daniels, inflated valuations, false losses coming from international companies, there has been a lot out there that we haven't seen yet. the question is whether this investigation will go on to look at those, or of course, if it is done and they have looked at that and decided there was no criminal activity. there is a lot to be seen in the four months we still have to go in this grand jury term. yamiche: in the 10 seconds we have left, talk about where this might go next. i know grand jury investigations are secret but where might this go next? >> i just sort of laid out a bunch of other areas that i'm sure the district attorney is still looking at, so i would expect them to keep going through the records, keep calling witnesses who might be able to shine some light on the scope of any criminal conduct in the organization, and of course who was involved. yamiche: thank you, adam, former prosec
mr. weisselberg.lues there, but as far as the penn napoli of crimes we heard about, false valuations, stormy daniels, inflated valuations, false losses coming from international companies, there has been a lot out there that we haven't seen yet. the question is whether this investigation will go on to look at those, or of course, if it is done and they have looked at that and decided there was no criminal activity. there is a lot to be seen in the four months we still have to go in this grand...
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mr. weisselberg. so, i'll be particularly interested in the quality of the evidence and the nature of the charges against him. >> i want to read for you and the audience recording from the new york times about this tonight saying over the last few months, allen weisselberg has continued to show up at trump tower at times coming face to face with mr. trump. but now, the trump organization's lawyers have taken steps to avoid the appearance of any impropriety. in the past, many of mr. trump and mr. weisselberg's conversations were private and behind closed doors. now, they are under instructions to meet in the presence of a witness. and chairman, that clearly indicates that if they are actually complying with that, that both donald trump in and lynn weisselberg recognize how much trouble they're in. >> well, it certainly means that donald trump's lawyers recognize that he can put himself in further jeopardy by saying things to weisselberg by potentially encouraging him to hide things from authorities or
mr. weisselberg. so, i'll be particularly interested in the quality of the evidence and the nature of the charges against him. >> i want to read for you and the audience recording from the new york times about this tonight saying over the last few months, allen weisselberg has continued to show up at trump tower at times coming face to face with mr. trump. but now, the trump organization's lawyers have taken steps to avoid the appearance of any impropriety. in the past, many of mr. trump...
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mr. weisselberg's lawyers and mr. weisselberg, is that he is going to fight this for now and see what comes down the pike in terms of additional charges. if he were to have cooperated with the a's office you could be sure that the g8 office would have required him to implicate not only other people in the larger investigation, bank fraud, insurance fraud, maybe other tax fraud he would have to implicate himself as well in order to be an effective cooperator. that is a larger case. it's calculation at this point is, he's not going to cooperate now on a case that doesn't require jail to implicate himself in a case that might involve millions of dollars and perhaps require jail. they're gonna wait and see what happens with further charges. >> andrew weissmann, we've been discussing, you and i, for a while, the anticipation of this indictment, now that you've seen it had a chance to read it, what is your reaction to what you found? >> i agree with susan, and i think a very good sign of that is comparing the public statemen
mr. weisselberg's lawyers and mr. weisselberg, is that he is going to fight this for now and see what comes down the pike in terms of additional charges. if he were to have cooperated with the a's office you could be sure that the g8 office would have required him to implicate not only other people in the larger investigation, bank fraud, insurance fraud, maybe other tax fraud he would have to implicate himself as well in order to be an effective cooperator. that is a larger case. it's...
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mr. weisselberg were trying to avoid paying taxes, specifically when it comes to mr. selberg they're alleging that he tried to avoid paying taxes on $1.7 million in income. so they're alleging that he received some of these extra benefits, not his direct paycheck, but received income in other ways and didn't properly report it for tax purposes. so when it comes to not paying on $1.7 million of income, that is a significant charge. again, what will be interesting to see is if this evidence, now that it has been revealed, is enough to change his mind, if he will now be willing to cooperate with prosecutors against his former boss. >> okay. paula, thank you very much. let me bring in our analysts again. we are joined again by laura, ely, abby and jen rogers. laura, tell me what you just heard there from paula. >> wow. when she said a 15-year scheme, that in my mind said for every year that you fail to pay taxes it represents a separate count, which means that you have -- i think it is a minimum, depending on the amount, of about seven years per count if i'm not mistaken u
mr. weisselberg were trying to avoid paying taxes, specifically when it comes to mr. selberg they're alleging that he tried to avoid paying taxes on $1.7 million in income. so they're alleging that he received some of these extra benefits, not his direct paycheck, but received income in other ways and didn't properly report it for tax purposes. so when it comes to not paying on $1.7 million of income, that is a significant charge. again, what will be interesting to see is if this evidence, now...
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mr. weisselberg. so i will be particularly interested in the quality of the evidence and the nature of the charges against him. >> i want to read for you and the audience some new reporting from the new york times about this tonight saying over the last few months allen weisselberg has continued to show up at trump tower, at times coming face to face with mr. trump. trump. but now the trump's 5aw3ogress . (upbeat pop music in background throughout) not everybody wants the same thing. that's why i go with liberty mutual — they customize my car insurance so i only pay for what i need. 'cause i do things a bit differently. wet teddy bears! wet teddy bears here! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >>> he must have thought that today was going to be the day. for days there have been indications that today would be the die the manhattan district attorney would reveal indicts against donald trump's company and allen weisselberg. his plan has been to create a diversion that com
mr. weisselberg. so i will be particularly interested in the quality of the evidence and the nature of the charges against him. >> i want to read for you and the audience some new reporting from the new york times about this tonight saying over the last few months allen weisselberg has continued to show up at trump tower, at times coming face to face with mr. trump. trump. but now the trump's 5aw3ogress . (upbeat pop music in background throughout) not everybody wants the same thing....
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mr. weisselberg and former president trump's company, and it is an interesting thing. at the end of last week, weisselberg's name gets taken off that part of trump's company. the reason that's interesting is actually for a few different reasons. first of all, a multi-count felony indictmemt has consequences, right? that is a clear material consequence of mr. weisselberg's indictment as he now awaits trial. we actually looked into whether scottish law might have required mr. weisselberg to be removed as an officer and director of that company just because he was indicted. in this case we don't think that's what happened. we don't think scottish law would have required his removal from the company. but, still, his name came down, came off it. that's interesting in itself. sort of interesting getting to the bottom of why that happened and why that happened first. the other reason this is interesting and potentially important for us as a country is because, frankly, the stability, the state of mind, and the increasing radicalism of the immediate former president of the unit
mr. weisselberg and former president trump's company, and it is an interesting thing. at the end of last week, weisselberg's name gets taken off that part of trump's company. the reason that's interesting is actually for a few different reasons. first of all, a multi-count felony indictmemt has consequences, right? that is a clear material consequence of mr. weisselberg's indictment as he now awaits trial. we actually looked into whether scottish law might have required mr. weisselberg to be...
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mr. weisselberg.ill be very interesting to see if he's charged, again, we don't have the indictments yet, if he's charged, it will be interesting to see how he with stands that crushing pressure. >> it will be fascinating to see. again, the indictment's in. that's the breaking news. sealed until tomorrow. we'll learn much more then. i expect we'll be talking in the near future. norm eisen, thank you very much. >> thanks, john. >>> so the rise of anti-semitism here in the united states, and actual physical attacks. this assault kept on camera at a sushi restaurant is just one of many examples. what we uncovered, next. for people living with h-i-v, keep being you. and ask your doctor about biktarvy. biktarvy is a complete, one-pill, once-a-day treatment used for h-i-v in certain adults. it's not a cure, but with one small pill, biktarvy fights h-i-v to help you get to and stay undetectable. that's when the amount of virus is so low it cannot be measured by a lab test. research shows people who take h-i-
mr. weisselberg.ill be very interesting to see if he's charged, again, we don't have the indictments yet, if he's charged, it will be interesting to see how he with stands that crushing pressure. >> it will be fascinating to see. again, the indictment's in. that's the breaking news. sealed until tomorrow. we'll learn much more then. i expect we'll be talking in the near future. norm eisen, thank you very much. >> thanks, john. >>> so the rise of anti-semitism here in the...
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mr. weisselberg will do, john.ndants and represented defendants, in this situation, over the past-three decades. and we know, from the recent history, the trump scandals of his administration, that others in a similar position have decided to cooperate. so this is, clearly, a decision by the prosecutors to go after behavior that they believe are serious violations. and also, to apply another degree of pressure to mr. weisselberg. and it'll be very interesting to see, if he's charged. again, we don't have the indictments, yet. if he is charged, it'll be interesting to see how he withstands that crushing pressure. >> it will be fascinating to see. again, the indictments in. that's the breaking news. sealed, until tomorrow. we'll learn much more then. i expect we'll be talking to you again, in the near future. norm eisen, thank you very much. >> thanks, john. >>> so the rise of anti-semitism here, in the united states, an actual-physical attacks. this assault caught on camera against jews at a los angeles sushi restau
mr. weisselberg will do, john.ndants and represented defendants, in this situation, over the past-three decades. and we know, from the recent history, the trump scandals of his administration, that others in a similar position have decided to cooperate. so this is, clearly, a decision by the prosecutors to go after behavior that they believe are serious violations. and also, to apply another degree of pressure to mr. weisselberg. and it'll be very interesting to see, if he's charged. again, we...
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mr. weisselberg or others. but i think we will see a larger case that will evolve. >> who has experience in these matters as a former attorney in the federal district of new york and as a deputy new york atto time tonight. i think every stay with us. >>> today has been a huge and at times dizzying news day. tomorrow might be bigger. two cases left both election related. one is about dark money, political donations funneled through third parties that don't have to disclose their donors. open secrets says roughly$1 billion has been spent to influence our politics since 2010 that made it legal. right now the state of california has a small transparency measure that's designed to target it. it requires nonprofits to disclose their largest donors, specifically to the state attorney generals office. state justices will decide if that tiny level of transparency is allowed. the second case centers on two arizona voting laws, two laws that the democratic party says disproportionately target minority communities in viola
mr. weisselberg or others. but i think we will see a larger case that will evolve. >> who has experience in these matters as a former attorney in the federal district of new york and as a deputy new york atto time tonight. i think every stay with us. >>> today has been a huge and at times dizzying news day. tomorrow might be bigger. two cases left both election related. one is about dark money, political donations funneled through third parties that don't have to disclose their...
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mr. weisselberg whom mr. trump once praised for doing whatever was necessary to protect the line emerged from the district attorney's sweeping inquiry into trump and his company. he ran what is a well-worn play for his multiple brushes with criminal investigations calling the probe, which was boosted by a united states supreme court decision that cleared the path for trump's financial records to be turn over to the new york investigators a, quote, scorched earth attempt to harm him. the charges come as the twice impeached ex-president is stepping back into the political limelight as a rogue kingmaker in the adherence to the big lie, the one that incited the deadly insurrection and is at the intersection of current warnings about domestic violent extremism. "an indictment of the company that carries his name strikes a blow to the former president just as he has resumed holding rallies. even if trump parlays the charges into some immediate good will from his supporters, he has denounced the investigation as pol
mr. weisselberg whom mr. trump once praised for doing whatever was necessary to protect the line emerged from the district attorney's sweeping inquiry into trump and his company. he ran what is a well-worn play for his multiple brushes with criminal investigations calling the probe, which was boosted by a united states supreme court decision that cleared the path for trump's financial records to be turn over to the new york investigators a, quote, scorched earth attempt to harm him. the charges...
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mr. weisselberg. interesting. so what do these charges look like to people who were inside trump world? one used to work at the organization. the other is a weisselberg. she lived this deal over the last 15 years and has been cooperating with prosecutors. let's get their perspective on what this means and what could happen next. ♪that you laughed about♪ ♪well, the names have all changed♪ ♪since you hung around♪ welcome back, america. it sure is good to see you. i have moderate to severe plaque psoriasis. now, there's skyrizi. with skyrizi, 3 out of 4 people achieved 90% clearer skin at 4 months, after just 2 doses. skyrizi may increase your risk of infections and lower your ability to fight them. before treatment, your doctor should check you for infections and tuberculosis. tell your doctor if you have an infection or symptoms such as fevers, sweats, chills, muscle aches, or coughs, or if you plan to or recently received a vaccine. ♪ nothing is everything ♪ now is the time to ask your dermatologist about skyrizi. you need an ecolab scientific clean here. and you need it here. and here.
mr. weisselberg. interesting. so what do these charges look like to people who were inside trump world? one used to work at the organization. the other is a weisselberg. she lived this deal over the last 15 years and has been cooperating with prosecutors. let's get their perspective on what this means and what could happen next. ♪that you laughed about♪ ♪well, the names have all changed♪ ♪since you hung around♪ welcome back, america. it sure is good to see you. i have moderate to...
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mr. weisselberg. you notice he has rather thoughtfully and professionally kept his mouth shut. but mr. se. the trump organization, the entity, is also a defendant. if prosecutors can make an argument -- and i think they can and i think they'll try -- that donald trump and eric trump and the trump kids are all agents or representatives of the trump organization, then they might seek to have those statements admitted against the company. again, we're parsing it pretty closely here and i don't want to get too evidence nerdy on you, but it might come in against the trump organization and it might not come in against mr. weisselberg, but it's not at all helpful if you're the lawyer trying to defend the company in a criminal trial. >> i'm a-okay with being evidence nerdy. one more question. let's talk about some documents. the "washington post" reports that prosecutors have internal spreadsheets showing the concealed payments. it says prosecutors treated the spreadsheets as the accounting equivalent of a confession. the ledgers showed the sides of the fraud, estimating that the cfo alone had
mr. weisselberg. you notice he has rather thoughtfully and professionally kept his mouth shut. but mr. se. the trump organization, the entity, is also a defendant. if prosecutors can make an argument -- and i think they can and i think they'll try -- that donald trump and eric trump and the trump kids are all agents or representatives of the trump organization, then they might seek to have those statements admitted against the company. again, we're parsing it pretty closely here and i don't...
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mr. weisselberg to cooperate. he has made it pretty clear he doesn't intend to do that, but sometimes after criminal charges are filed, people change their mind depending on the strength of the evidence. we know prosecutors are also scrutinizing other trump organization executives including a long time trump executive matthew calamari and his son. again, at this point no indication that the former president or any member of his family will be charged, but this investigation will continue of a it are today. >> that is paula reid reporting there. weisselberg is expected to surrender to authorities in the coming hours and formally charged later in the day. legal analysts say the former president is safe from prosecution for now. >> if you are donald trump, this is a good news/bad news situation. the bad news is that your company is about to get indicted, the company that bears your name. that means that they will have a long expensive difficult legal battle and if convicted, it means that they could pay major fines,
mr. weisselberg to cooperate. he has made it pretty clear he doesn't intend to do that, but sometimes after criminal charges are filed, people change their mind depending on the strength of the evidence. we know prosecutors are also scrutinizing other trump organization executives including a long time trump executive matthew calamari and his son. again, at this point no indication that the former president or any member of his family will be charged, but this investigation will continue of a...
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mr. weisselberg in order to bolster their broader investigation. i am not a lawyer, i have questions, if that is true why is that true? why would prosecutors approach that way? why are people to know these things telling the public that it is a reasonable expectation that there might be additional indictments beyond the one that we were told is coming tomorrow? why, even theoretically, or why as a matter of course, would prosecutors wait at more charges later against either the individuals, and entities that will be charged tomorrow, or indeed against other people involved here? joining us now is danya perry, she previously served as assistant to the southern district of new york, and attorney general for the state of new york, we should mention that the state case that apparently is going to produce these indictments tomorrow, is apparently a joint operation between the manhattan da, and the attorney generals office. miss perry, listening to see you, thank you for being here tonight. >> thank you rachel, glad to be here. >> am i asking a dumb ques
mr. weisselberg in order to bolster their broader investigation. i am not a lawyer, i have questions, if that is true why is that true? why would prosecutors approach that way? why are people to know these things telling the public that it is a reasonable expectation that there might be additional indictments beyond the one that we were told is coming tomorrow? why, even theoretically, or why as a matter of course, would prosecutors wait at more charges later against either the individuals, and...
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mr. weisselberg. >> and so, it's interesting, they don't deny that there were benefits. it's -- yeah. >> deanna paul, thanks so much for being here. next hour, we are going to have george conway on, obviously, lawyer who knows the ins and outs, and by the way, once lived in a trump building who has some insight into how the trump organization works. >>> also, a new letter obtained by cnn overnight reveals the damage to the condo in surfside, florida. it was so severe, last fall, that repair work was put on hold over concerns it could affect the stability of the surrounding structures. this comes, as the mayor of miami-dade county announced officials will likely have to demolish what remains of the tower. cnn's tom foreman joins nous w us now with that information and tom, the ongoing risk. >> the risk is actually why they suspended search for a while. they restarted again in these three quadrants here. look at this. this is where the pool is. and this is that letter you were talking about obtained by "erin burnett outfront." this is october of 2020 from this consultant f
mr. weisselberg. >> and so, it's interesting, they don't deny that there were benefits. it's -- yeah. >> deanna paul, thanks so much for being here. next hour, we are going to have george conway on, obviously, lawyer who knows the ins and outs, and by the way, once lived in a trump building who has some insight into how the trump organization works. >>> also, a new letter obtained by cnn overnight reveals the damage to the condo in surfside, florida. it was so severe, last...
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mr. weisselberg but at this point, the trump organization and payroll corporation and mr. lberg have pleaded not guilty and vowed to fight the charges. >> paula, thank you. >>> and former president trump taking his lies about january 6th and the election to a new level now claiming that there was quote love in the air on the day of the deadly insurrection. while falsely aleleging the capitol rioter ashley babbitt was killed by a security detail. at that time just the beginning. >> it's not called an insurrection to me. what about it was an insurrection? >> they stormed the capitol. >> who? who is they? >> the trump supporters. >> bullshit. you don't know who those people were. >> some trump supporters were invited in and there is video and audio. >> reporter: trump and his supporters are either in denial or lying what happened on january 6th. >> there was such love at the rally. they were peaceful people. these were great people. the crowd was unbelievable. >> reporter: members of the three% percenters and proud boy groups gathered. they were both allegedly involved in the
mr. weisselberg but at this point, the trump organization and payroll corporation and mr. lberg have pleaded not guilty and vowed to fight the charges. >> paula, thank you. >>> and former president trump taking his lies about january 6th and the election to a new level now claiming that there was quote love in the air on the day of the deadly insurrection. while falsely aleleging the capitol rioter ashley babbitt was killed by a security detail. at that time just the beginning....
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mr. weisselberg or others.we will see a larger case that will evolve. >> can danya perry who has experience in these matters as a former attorney in the federal district of new york and as a deputy new york attorney general. thank you for your time tonight. i think everybody is going to be obviously waiting on that news in the afternoon. but i think even once we see those charges, we will need further explanation by people who have done this stuff like you. thank you for being here tonight. >> thank you. good night. >> all right. we've got much more ahead here tonight. do stay with us. the brand i tru. >>> i know today has been a huge and at times dizzying news day. tomorrow might be bigger. two cases left both election related. one is about dark money, political donations funneled through third parties that don't have to disclose their donors. the transparency group open secrets says roughly $1 billion has been spent to influence our politics. since 2010, that made it league. right now the state of california
mr. weisselberg or others.we will see a larger case that will evolve. >> can danya perry who has experience in these matters as a former attorney in the federal district of new york and as a deputy new york attorney general. thank you for your time tonight. i think everybody is going to be obviously waiting on that news in the afternoon. but i think even once we see those charges, we will need further explanation by people who have done this stuff like you. thank you for being here...
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mr. weisselberg. on the point we were just discussing, reading from the -- reading from the indictment, the trump organization maintained unternl spread sheets that track the amount it paid for the rent, utility, garage. the trump organization reduced the amount of direct compensation that he received in the form of checks. then that they say was hidden from a tax authorities. the implication if true would be federal and local tax evasion. we're just dealing with the local da, feds, the justice department would also have to look at the facts. and so if this is true and provable, that is different than someone taking a town car from a bank late at night. those town cars are not typically in any case i've seen counted one way as income and lied about somewhere else. thaur just cars. here it is a higher stack. when we get a trump filing rebutting this, as we do, we report their side. the d's prosecution argument is this was a deliberate multiyear scheme to call it income over here and then treat it as so
mr. weisselberg. on the point we were just discussing, reading from the -- reading from the indictment, the trump organization maintained unternl spread sheets that track the amount it paid for the rent, utility, garage. the trump organization reduced the amount of direct compensation that he received in the form of checks. then that they say was hidden from a tax authorities. the implication if true would be federal and local tax evasion. we're just dealing with the local da, feds, the justice...
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mr. weisselberg. interesting. no? so what do these charges look like to people who were inside trump world? one used to work at the organization. the other is a weisselberg. she lived this deal over the last 15 years and has been cooperating with prosecutors. let's get their perspective on what this means and what could happen next. this may look like a regular movie night. but if you're a kid with diabetes, it's more. it's the simple act of enjoying time with friends, knowing you understand your glucose levels. ♪ hi guys! check out this side right here. what'd you do? - tell me know you did it. - yeah. get a little closer. that's insane. that's a different car. -that's the same car. - no! yeah, that's before, that's after. oh, that's awesome. make it nu with nu finish. ♪ sometimes you wanna go ♪ ♪ where everybody knows your name ♪ ♪ ♪ and they're always glad you came ♪ welcome back, america. it sure is good to see you. at philadelphia, we know what makes the perfect schmear of cream cheese. the recipe we invented over
mr. weisselberg. interesting. no? so what do these charges look like to people who were inside trump world? one used to work at the organization. the other is a weisselberg. she lived this deal over the last 15 years and has been cooperating with prosecutors. let's get their perspective on what this means and what could happen next. this may look like a regular movie night. but if you're a kid with diabetes, it's more. it's the simple act of enjoying time with friends, knowing you understand...
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mr. weisselberg did surrender his passport. he was released on his own recognizant. they set a status conference. the next time they will be in court is mid september. the indictment was unsealed. in addition to the transcript of what happened in the room, we have the written account of the charges. there are 15 felony charges. it's four counts of criminal tax fraud, first degree scheme to defraud. we will get more clarity on that from somebody who knows these things in a moment. conspiracy count. four counts of falsifying business records, offering a false instrument for filing. that's against weisselberg. there's another charge that allen weisselberg faces alone, which is grand larceny by obtaining a tax refund that he was not supposed to get. the news here, the interesting and i think potentially surprising news is, number one, this is a lot of charges. 15 felony charges is a more serious and extensive indictment than trump lawyers have been trying to spin. this is heftier than they prepared people for. it's a heftier indictment than most were expecting. number tw
mr. weisselberg did surrender his passport. he was released on his own recognizant. they set a status conference. the next time they will be in court is mid september. the indictment was unsealed. in addition to the transcript of what happened in the room, we have the written account of the charges. there are 15 felony charges. it's four counts of criminal tax fraud, first degree scheme to defraud. we will get more clarity on that from somebody who knows these things in a moment. conspiracy...
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mr. weisselberg to cooperate. he has made it pretty clear he doesn't intend to do that. but sometimes after criminal charges are filed people change their mind depending on the strength of the evidence. so again, at this point no indication that the former president or any member of his family will be charged, but this investigation will continue after today. >> paula reid, thank you. >>> bill cosby is a free man this morning in a surprise move, a divided pennsylvania supreme court overturned his sexual harassment conviction. here are a few of his accusers, all of whom are in a state of disbelief today. >> i'm totally overwhelmed. when i got the call this morning, i felt like i was hit by a train. you know, he deserved to be what he did because what he did was unjust. he is out on a technicality, but it doesn't change the fact that he is a predator. >> well, i'm sad and i'm feeling like this is a loss for me and for the other women who came forward. there were more than 63 of us who came forward in the end. i'm wondering what the purpose was of the 43 years of this ordea
mr. weisselberg to cooperate. he has made it pretty clear he doesn't intend to do that. but sometimes after criminal charges are filed people change their mind depending on the strength of the evidence. so again, at this point no indication that the former president or any member of his family will be charged, but this investigation will continue after today. >> paula reid, thank you. >>> bill cosby is a free man this morning in a surprise move, a divided pennsylvania supreme...
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mr. weisselberg and obviously, for his family.ou an attractive bargain, say no jail time for you, and i'm hypothesizing here, or limited jail time, tell us what you know. and it's heavy, and burdensome for an individual regardless of his or her age, getting on in his 70's and so forth. so the prosecutor is in the cat bird's seat and he can sigh cyrus vance, d.a., look what i'm giving you a free get out of jail card and except you have a totally cooperate and the hammer is there to go after other members of the organization in the hope that they will-- that that seems to be what's at stake here, that they can somehow get the former president. that's a big set of issues and you're so right, this is along, not just an expensive investigation, but a very long investigation and look what they came up with. essentially a tax issue, which is, frankly, not unique to the trump organization if the allegations are true. neil: yeah, i also wonder, ken, if it were any other organization that didn't have the name trump in it, would this have ev
mr. weisselberg and obviously, for his family.ou an attractive bargain, say no jail time for you, and i'm hypothesizing here, or limited jail time, tell us what you know. and it's heavy, and burdensome for an individual regardless of his or her age, getting on in his 70's and so forth. so the prosecutor is in the cat bird's seat and he can sigh cyrus vance, d.a., look what i'm giving you a free get out of jail card and except you have a totally cooperate and the hammer is there to go after...
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mr. weisselberg free on his own recognizance on bail. another hearing in a few weeks. back to you. >> martha: eric, thanks. let's bring in andy mccarthy, former federal prosecutor and natural review contributing editor and byron york for "the washington examiner." both are fox news contributors. great to have you with us as this news is breaking this afternoon. allen weisselberg, the cfo of the trump organization for 48 years was just in court arraigned on changes that as eric shawn points out and andy, let me start with you, are the kind of charges of corporate perks, not logged as assets for tax purposes that you wouldn't normally find in the highest court in new york, the supreme court that deals with very serious criminal charges. your thoughts. >> yeah, i think that's right, martha. if they subjected every corporation in america to this, you'd have a lot of allen weisselbergs, i suspect. they don't do that. that is the upshot of this, that obviously smacks of a politicized selective prosecution. that's not my inference. you're dealing with prosecutors latisha jame
mr. weisselberg free on his own recognizance on bail. another hearing in a few weeks. back to you. >> martha: eric, thanks. let's bring in andy mccarthy, former federal prosecutor and natural review contributing editor and byron york for "the washington examiner." both are fox news contributors. great to have you with us as this news is breaking this afternoon. allen weisselberg, the cfo of the trump organization for 48 years was just in court arraigned on changes that as eric...
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mr. weisselberg and to eventually flip him.ll the knowledge of the allegations that this district attorney ha previously been investigating that we've seen from publicly available information. weisselberg has the knowledge about the potential fraud cases against trump or fraud and bank loan applications, tax fraud as well. and potential fraud with respect to insurance fraud, insurance companies that the trump organization dealt with. weisselberg would be all over all three of those things. so seems that vance is bringing the case first against the cfo. it's a pretty strong case. and by the facts it seems to be one that favors the prosecution. we'll see what happens in the event of trial or the event of plea bargain which i think is probably vance's strategy. >> yeah. it is rare for prosecutors to bring a case that is solely on this basis, though. i wonder if you think that works in trump's favor as he is arguing as we heard him at his rally over the weekend, that this is a political attack. w. i think stand alone tax fraud pros
mr. weisselberg and to eventually flip him.ll the knowledge of the allegations that this district attorney ha previously been investigating that we've seen from publicly available information. weisselberg has the knowledge about the potential fraud cases against trump or fraud and bank loan applications, tax fraud as well. and potential fraud with respect to insurance fraud, insurance companies that the trump organization dealt with. weisselberg would be all over all three of those things. so...
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mr. weisselberg but, also, to other members of his family. and while many people note his loyalty to the former president and certainly he would want to protect him. he may want to protect his family, even more. so, at this point, only he knows if he is sort of experiencing a change of heart, at this point. but this is all by design. prosecutors have been pressuring him. and these charges, certainly, increase that pressure. >> berman, this is also an appropriate time to point out that and as we all know, donald trump does not use e-mail. he does not use -- he does not send texts. anything about his involvement in these schemes will have to come from the testimony of others. and it is a questionable thing, whether you could build the -- build an actual, believable, criminal case on the words of michael cohen, who was, you know, convicted of lying. allen weisselberg, who is fighting for his life. you know, his estranged -- the -- the -- weisselberg's estranged daughter-in-law. i mean, in the absence of text and e-mails, it's going to be very to
mr. weisselberg but, also, to other members of his family. and while many people note his loyalty to the former president and certainly he would want to protect him. he may want to protect his family, even more. so, at this point, only he knows if he is sort of experiencing a change of heart, at this point. but this is all by design. prosecutors have been pressuring him. and these charges, certainly, increase that pressure. >> berman, this is also an appropriate time to point out that and...
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mr. weisselberg and former president trump's company. it's an interesting thing. week weisselberg said it's taking that part of trump's company. the reason that's interesting is for a few reasons. first of all multi count indictment has many consequences as he now awaits trial. we actually looked into whether scottish law might have required mr. weisselberg to be removed as an officer and director of that company just because he was indicted. in this case, we don't think that's what happened. we don't think scottish law would have required his removal from the company. but still, his name came down. it came off it. that's interesting and itself. it's interesting to get down to the bottom of what happened, and would happen first. the other reason this is interesting and potentially important for us as a country is because frankly these stability, the state of mind and increasing radicalism of the immediate former president of the united states is a mash-up matter of national concern. the big conservative conference, cpac that president trump spoke at this weekend d
mr. weisselberg and former president trump's company. it's an interesting thing. week weisselberg said it's taking that part of trump's company. the reason that's interesting is for a few reasons. first of all multi count indictment has many consequences as he now awaits trial. we actually looked into whether scottish law might have required mr. weisselberg to be removed as an officer and director of that company just because he was indicted. in this case, we don't think that's what happened....
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mr. weisselberg, cfo to flip in order to bring a case. neil: he has not done that.n't flipped that these charges are pretty prosaic. listen i'm for all everybody paying as much taxes, i'm not saying you shouldn't pay taxes but it is pretty common for people to stay at, use, stay in manhattan and use a company room and that is not charged to them. that is not, they don't pay taxes on that even though it is kind of a payment in kind, right? suits, things of that nature. criminal authorities generally don't go after this. the irs if it audits you will say you owe, x, y and z on these things. you can fight it out with the irs. it is pretty murky the laws on this stuff. there are carveouts on this stuff. that is why people are shaking their head. i spoke with people who are not inclined to be nice to donald trump. these are lawyers over the last 24, 48 hours. they're shaking their heads at this. they can't believe it is this weak tea. obviously we don't know exactly what it is, what is being leaked to us and other news organizations we all got the same sources on this. i
mr. weisselberg, cfo to flip in order to bring a case. neil: he has not done that.n't flipped that these charges are pretty prosaic. listen i'm for all everybody paying as much taxes, i'm not saying you shouldn't pay taxes but it is pretty common for people to stay at, use, stay in manhattan and use a company room and that is not charged to them. that is not, they don't pay taxes on that even though it is kind of a payment in kind, right? suits, things of that nature. criminal authorities...
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in a statement, the trump 0rganization said mr weisselberg was being used "as a pawn in a scorched eartharned that foreign powers will "get their heads bashed" if they attempt to bully or influence the country. he delivered a defiant speech at an event marking the centenary of the ruling communist party on thursday. it comes as china faces criticism over alleged human rights abuses and its crackdown in hong kong. 0ur china correspondent john sudworth has the story. the unmistakable hallmarks of communist party rule were front and centre of its celebrations. the total control, the omnipotent leader, the unquestioning loyalty. 0verlooking tiananmen square, the general secretary spoke of how the party had saved china from a history of humiliation, and of the power it now wields. translation: the chinese people will never be bullied, _ oppressed or enslaved. anyone who dares to try will have their heads cracked and bloodied against a great wall of steel, forged by 1.4 billion chinese people. there are no references, of course, to the fact that on this spot in 1989, the party clung to power b
in a statement, the trump 0rganization said mr weisselberg was being used "as a pawn in a scorched eartharned that foreign powers will "get their heads bashed" if they attempt to bully or influence the country. he delivered a defiant speech at an event marking the centenary of the ruling communist party on thursday. it comes as china faces criticism over alleged human rights abuses and its crackdown in hong kong. 0ur china correspondent john sudworth has the story. the...
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mr. weisselberg and the former president's company have been indicted for alleged tax related crimes.e charges are expected to focus executives without reporting them properly. >> this indictment, anyway, looking like the culmination of a pressure campaign against allen weisselberg. however, the grand jury is sitting until november. >> weisselberg's's stranged daughter-in-law was a key part of the takedown, turning over several bombs of documents to prosecutors. >>> happening in berkeley, the horizontal transitional village will open seven days a week and house 53 people and provide supportive services. the ribbon cutting ceremony is at 10:00 this morning. >>> let's go live to the new york stock exchange with more. good morning, diane. >> reporter: let's start with that snapshot of the job market. 364,000 people filed for unemployment benefits la atwas better than expected. ad. said 692,000 jobs were added in the private sector last month. the biggest areas were leisure and hospitality. robinhood has been hit with the largest penalty given. the popular trading platform has to pay $70
mr. weisselberg and the former president's company have been indicted for alleged tax related crimes.e charges are expected to focus executives without reporting them properly. >> this indictment, anyway, looking like the culmination of a pressure campaign against allen weisselberg. however, the grand jury is sitting until november. >> weisselberg's's stranged daughter-in-law was a key part of the takedown, turning over several bombs of documents to prosecutors. >>>...
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mr. weisselberg. i would like to object to the extent they relate. thank you. >> that was the meat of it. the discovery after that, which prosecutors have to give the evidence they've got at one point, when they talked about handing it over, they note as the prosecutors said, this is an on going investigation they asked for a protective order and whatever they have to hand over to get a good look at all the evidence so everybody has a fair shot. that would mean defense orders can't show any material to the public or anybody not directly involved in the case. there's a protective order. we'll never see the recovery. the other thing was this sad moment. the prosecutor says to the judge. while these charges are eligible for bail, we believe from is a flight risk. so surrender of the passport is necessary to reasonably assure the return to court. the defendant has been and will remain the cfo. the evidence would demonstrate an ample record of travel by private jet with significant means and connection outside the jurisdiction. the surrunder of the passpo
mr. weisselberg. i would like to object to the extent they relate. thank you. >> that was the meat of it. the discovery after that, which prosecutors have to give the evidence they've got at one point, when they talked about handing it over, they note as the prosecutors said, this is an on going investigation they asked for a protective order and whatever they have to hand over to get a good look at all the evidence so everybody has a fair shot. that would mean defense orders can't show...
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weisselberg has become so woven in the fabric that when mr. trump moved to the white house in 17, he interested weisselberg along with the former presidents adults sons with running his company. so tomorrow, poll, with the unsealing of the indictments what happens next? >> i'll be looking at the actual charges and especially the money that is involved and what he tells about the evidence. the defense is portrayed as a petty and political investigation about taxing with fringe benefits but the prosecutors who responded with us speaking indictment that describes the crime, not just this tax evasion and the trump organization in the cfo intentionally stealing hundreds of thousands of dollars from the government. the prosecutors narrative will be that the trump organization is essentially a criminal enterprise with a consistent pattern of fraud. and bryant, the money is important because that determines what the potential exposure is for weisselberg and it's a very small or relatively small amounts. even if weisselberg is convicted, he's not going
weisselberg has become so woven in the fabric that when mr. trump moved to the white house in 17, he interested weisselberg along with the former presidents adults sons with running his company. so tomorrow, poll, with the unsealing of the indictments what happens next? >> i'll be looking at the actual charges and especially the money that is involved and what he tells about the evidence. the defense is portrayed as a petty and political investigation about taxing with fringe benefits but...
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mr. weisselberg, the financial officer there. keep in mind how much his personal family wealth is tied up in this company. if the company were to be charged, there could be financial repercussions, in terms of the loans that become due. weisselberg could begin cooperating with the prosecutors. potentially, that could lead to more trouble for the former president. while trump's allies say this week that they're pleased to see the former president is not going to be charged, as far as we know tomorrow, they know the investigation is not over and there could be another chapter to it. and it's up with of the reasons i think we've seen donald trump react so strongly in his public statements, including tonight, calling this a witch hunt and the latest in a series of investigations to try to take him down. >> paul counselor, i have one more you. this is how "the new york times" puts it. 18 current and former associates of weisselberg, as well as a review of legal filings, financial records and other documents, paint a portrait of a man
mr. weisselberg, the financial officer there. keep in mind how much his personal family wealth is tied up in this company. if the company were to be charged, there could be financial repercussions, in terms of the loans that become due. weisselberg could begin cooperating with the prosecutors. potentially, that could lead to more trouble for the former president. while trump's allies say this week that they're pleased to see the former president is not going to be charged, as far as we know...
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Jul 13, 2021
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mr. weisselberg for sure. >> joining me now is melissa murray, a law professor at nyu. essor murray, i mentioned weisselberg going back to the office and realizing his security key does not work in every door. that got to be a damaging thing for him to experience. he's been cut from 40 different organizations - 40 subsidiaries within the trump organization. do you think the trump organization is legally saying all right, we got to cut it from this one or this one and we can cauterize the wounds and isolate him. he's been an indicted cfo and he has shared responsibilities to the company. that could be difficult to respond. it is hard to say it at this point because we don't know. >> we have individual one and now we have rogue one. yes or no what other code name we are going to get for the people involve inside this organization. here is the thing though. how effective does that argument tend to be? if he's the only non family member who's been in the organization for years and years, the only non family members of this level of the trump organization, is it plausible tha
mr. weisselberg for sure. >> joining me now is melissa murray, a law professor at nyu. essor murray, i mentioned weisselberg going back to the office and realizing his security key does not work in every door. that got to be a damaging thing for him to experience. he's been cut from 40 different organizations - 40 subsidiaries within the trump organization. do you think the trump organization is legally saying all right, we got to cut it from this one or this one and we can cauterize the...