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TAKEAWAYS: Trump's safe for now, but company's in hot water

TAKEAWAYS: Trump's safe for now, but company's in hot water

ABC News
Friday, July 02, 2021 01:16:19 AM UTC

With Thursday’s arraignment of Donald Trump’s company and his longtime finance chief on tax fraud charges, New York authorities notched their first indictment in a two-year ongoing investigation of the former president

NEW YORK -- With Thursday's arraignment of Donald Trump's company and his longtime finance chief on tax fraud charges, New York authorities notched their first indictment in a two-year ongoing investigation of the former president. Trump and his lawyers say the Democrats who brought the case against the Trump Organization and CFO Allen Weisselberg are making a criminal case out of what should be minor disputes usually settled in civil court. Both the Trump Organization and Weisselberg have pleaded not guilty to the charges. Prosecutors say this is serious. Weisselberg alone, they say, cheated the federal government, state and city out of more than $900,000 in unpaid taxes. Takeaways from Thursday's arraignment in New York:
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