Story · July 2, 2021

Trump Business Faces New York Criminal Charges as Weisselberg Is Indicted

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Correction: Correction: The July 1 criminal charges were brought in the Manhattan district attorney’s case, with the New York attorney general joining the investigation.

New York’s attorney general and the Manhattan district attorney on July 1, 2021, unsealed criminal charges against the Trump Corporation, the Trump Payroll Corporation, and longtime chief financial officer Allen Weisselberg. Prosecutors said the case stemmed from a long-running compensation arrangement that allegedly helped hide income and avoid taxes. Weisselberg and the companies pleaded not guilty.

The filing put a formal criminal case around a yearslong investigation into the business tied to Donald Trump’s name. According to the allegations, Weisselberg and the companies arranged benefits that included apartment rent, car payments, and tuition in a way prosecutors say kept that compensation off the books or underreported. The indictment turned those claims into charges that can be tested in court, with records, payroll files, and accounting decisions likely to sit at the center of the fight.

Trump himself was not charged in the July 1 indictment. But the case still carried obvious political weight because it reached the core of the family business that has long been part of his public identity. The charges gave prosecutors a criminal case against a longtime insider, not just a paper trail of accusations, and they set up a defense that will have to answer for how the company treated compensation over many years.

Weisselberg’s role makes the case especially sensitive for Trump’s business. He was not a peripheral employee or an outside critic; he was a longtime financial executive with deep access to the company’s books and operations. If prosecutors prove their case, they will argue the alleged conduct was not a one-off mistake but part of a broader system inside the business. For now, the defendants deny wrongdoing, and the criminal case has only just begun.

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