Trump Regime

Prosecutors Focus On Another Trump Executive

SK Ashby
Written by SK Ashby

When the Trump Organization and its chief financial officer (CFO) Allen Weisselberg were indicted in an illegal tax fraud scheme, it was easy to speculate that he probably wasn't the only company official involved in such a scheme and that does appear to be the case.

Prosecutors are reportedly pressuring chief operating officer Matthew Calamari for also accepting compensation in the form of tax-free perks.

Prosecutors started talking to Calamari's legal team before the indictment and have continued those discussions in the two weeks since it was unsealed by a Manhattan judge. [...]

Calamari, and his son Matthew Calamari Jr., who also works at the company, have been under scrutiny by prosecutors over whether they properly paid taxes on subsidized rent and cars they received as benefits from the company, CNN has previously reported. [...]

In his 2018 testimony before Congress, [Michael] Cohen, who pleaded guilty to tax charges and campaign finance crimes in connection with the hush money payments, identified Calamari as one of three people at the Trump Organization who knew that -- according to Cohen -- Trump provided inflated assets to an insurance company.

I don't know that any of this will ever lead to a prison sentence for anyone much less Trump himself, but the more the company looks guilty on a wide scale, the easier it will be to make a case that it should be placed in receivership or dissolved.

The National Rifle Association (NRA) is close to meeting a similar end for similar reasons that may even be less significant than what the Trump Organization is accused of. The NRA's CEO Wayne LaPierre was also accused of accepting compensation as tax-free perks, but the Trump Organization is also accused of committing financial fraud by lying about the value of its assets.

Trump's company hasn't been formally charged for that yet, but you can see it coming a mile away.