The Trump Organization allegedly paid Ivanka Trump using a similar strategy to the one that saw Allen Weisselberg charged with tax crimes by a New York grand jury, it has been reported.
Weisselberg, the CFO of The Trump Organization, was indicted for – among other things – a pay scheme in which he was allegedly compensated both as an employee and as a nonemployee contractor to apparently dodge taxes, HuffPost noted.
The outlet noted that The New York Times had reported last year that fraud investigations into then-President Donald Trump and his company had ‘expanded to include tax write-offs on millions of dollars in consulting fees, some of which appear to have gone to Ivanka Trump.’
Last year, the Associated Press reported that New York Attorney General Letitia James had sent a subpoena for records related to consulting fees paid to Ivanka Trump while she was also a senior executive at her father’s business.
The Trump Organization allegedly paid Ivanka Trump using a similar strategy to the one that saw Allen Weisselberg charged by a New York grand jury
Weisselberg, the CFO of The Trump Organization, was indicted for – among other things – a pay scheme in which he was allegedly compensated both as an employee and as a nonemployee contractor to apparently dodge taxes
Ivanka filed a disclosure form in 2017 when she became a presidential adviser reporting payments she received from a consulting company she co-owned
Those payments, totaling $747,622, ‘exactly matched consulting fees claimed as tax deductions by the Trump Organization’ for hotels in Hawaii and Vancouver
The New York Times had noted in December that here was no indication Ivanka Trump was a target of the investigation. Neither Ivanka Trump or any of Trump’s other children were named in the indictment.
In its article, The New York Times noted that Donald Trump had ‘reduced his taxable income by deducting about $26 million in fees to unidentified consultants as a business expense on numerous projects between 2010 and 2018.’
One of those consultants included Ivanka Trump, The New York Times reported.
‘On a 2017 disclosure she filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia,’ the outlet reported.
The New York Times, citing an anonymous source, reported that the subpoenas ‘were focused on fees paid to the firm on her disclosures, TTT Consulting L.L.C., and represented just a portion of the $26 million’ in fees Trump had deducted.
However Rebecca Roiphe, a former prosecutor in the Manhattan District Attorney’s Office, also noted the similarities in the indictment and news reporting about payments to Trump’s children.
Roiphe alleged to MSNBC that charges may still come for Ivanka Trump and other Trump children.
‘I don’t think it necessarily means they’re in the clear,’ Roiphe said. ‘There are certainly some allegations in the indictment that look very much like the public reporting on the consulting fees paid to Ivanka Trump.’
She added: ‘But we can see at least they were included in similar allegations and were included in this charging document. It may be those are going to come or might not be. It’s hard to tell.’
‘I think standing alone, that wouldn’t be enough to bring an indictment against Ivanka Trump. But if there are other criminal activities she’s been involved with, I don’t see why the DAs office wouldn’t charge her for that.’
Last year, New York Attorney General Letitia James had sent a subpoena for records related to consulting fees paid to Ivanka Trump while she was also a senior executive at her father’s business. James is pictured with Manhattan District Attorney Cyrus Vance
Weisselberg, pictured, has pleaded not guilty to his charges
Donald Trump’s son Eric Trump, center, dismissed fears he could be indicted and insisted he and his siblings have led a ‘clean life’
Donald Trump’s son Eric Trump dismissed fears he could be indicted and insisted he has led a ‘clean life’ after the Trump Organization was charged in a 15-count indictment.
The son of the former president, 37, was asked if he was concerned if an indictment was coming his way after prosecutors brought tax fraud charges against the Trump Organization and chief financial officer Allen Weisselberg.
Speaking to Newsmax’s Eric Bolling on Thursday, Eric dismissed these fears and insisted that he and his siblings Donald Jr, 43, and Ivanka, 39, have always led ‘amazingly clean’ lives.
Eric, who is the executive vice president of the Trump Organization, said: ‘You know what? I’m not, Eric, because guess what, we’ve always lived amazingly clean lives.
‘And believe me, if they could’ve, they already would’ve, right? I mean, that’s what they wanted, that was their end goal.’
Weisselberg has pleaded not guilty to his charges.