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Alongside Weisselberg, Manhattan district attorney Cyrus Vance, and the New York state attorney general Letitia James also charged the Trump Organization with tax fraud, the start of a process that could crack the secretive Trump empire wide open. That is big money for most people, but not an amount that would worry Trump, who Forbes calculates is worth $2.4bn.ĭownplaying the significance of this week’s indictment would, however, be a mistake. This is so small that I can’t believe I’m going to have to try a case like this.”Īfter three years of subpoenas, supreme court hearings and existential legal rows about the legality of charging a president of the United States with wrongdoing, New York’s fearsome prosecutorial team have charged a little-known 73-year-old accountant with defrauding taxpayers of $1.7m over 15 years.
In an interview with Politico, Trump’s lawyer Ronald Fischetti said: “It’s like the Shakespeare play Much Ado About Nothing. On the surface, the Weisselberg charges did seem like “smaller fish”.
Cohen – who once said he would “take a bullet” for Trump – turned on the former president as he was sentenced to 36 months in prison for crimes including facilitating illegal payments to silence two women who allegedly had sex with Trump. Trump has been under investigation by New York’s top prosecutors for three years – in large part thanks to Cohen, once his trusted lawyer.