Fraud: The Trump Institution soon to be found guilty?

Fraud: The Trump Institution soon to be found guilty?

 

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The Trump Institution indicted in the coming days? Lawyers for the company of former President Donald Trump were to make a last attempt to avoid it on Monday, according to several American media.

In recent days, a series of reports seem to indicate that the closed-door investigations into the cases of the ex-New York real estate mogul - opened more than two years ago by the Manhattan district attorney and the district attorney. New York State, two elected Democrats, and relating to suspicions of tax evasion or insurance fraud - are preparing to bear their first fruits.

 

According to several media and fraud news, lawyers for the Trump Organization were to meet with prosecutors on Monday to present their final arguments in favour of not indicting the company.

 

Information indirectly confirmed by Donald Trump himself on Monday evening, who said in a statement that his lawyers had been given "one day, today, to defend us from having done fraudulent things that are commonplace in the world of business".

 

Anonymous sources quoted by the New York Times had indicated last week that an indictment by the Trump Organization was under consideration for fraud, concerning benefits in kind granted to the financial director of the holding, Allen Weisselberg, faithful among the faithful of Donald Trump, and presumably not reported to the tax authorities.

 

Asked by AFP, neither the prosecutors concerned, nor the lawyers of the Trump Organization or Mr. Weisselberg have confirmed this information.

 

"Question of days" 

For Bennett Gershman, professor of law at Pace University and ex-Manhattan attorney, an indictment should now be only "a matter of days".

 

Fraud - Could the corporate body that is the Trump Organization be sued, without Donald Trump or any of his family members - he left the reins of his business to his two eldest sons and Mr. Weisselberg on his way home? White House in early 2017 - be it too?

 

Many forensic experts deem this unlikely and expect Mr. Weisselberg, who has so far refused to cooperate with the justice system, to be indicted as well, at the same time as the Trump Organization or soon after.

 

But no one risks a prognosis concerning a possible indictment of the former Republican president for fraud, who held his first major political rally in Ohio on Saturday since leaving the White House and maintains the ambiguity on a new candidacy for the presidential election in 2024.

 

One of the lawyers for the Trump Organization, Ron Fischetti, assured American media on Monday evening that Donald Trump would not be personally indicted, "at least not in what will fall this week" - while stressing that he was "not yet out of the woods."

 

The former president, now domiciled in Florida, again qualified Monday these investigations as "the continuation of the greatest witch hunt for fraud of all time".

 

He also accused Democratic prosecutors of being "desperate to stop" his movement and himself, "going so far as to commit professional errors and harass a political opponent".

Even if he was indicted for fraud that would not theoretically prevent him from running for president again, under US election laws.

 

The ongoing fraud investigations are based in particular on eight years of tax returns from the former president obtained by prosecutors after a long legal battle, and on testimonies from his ex-lawyer Michael Cohen.

 

Sentenced to three years in prison, the latter, who works with investigators, said the company regularly overvalued or undervalued its assets, possible crimes of tax fraud or insurance fraud.

 

The investigations should in any case continue beyond the first indictments, leaving the door open to new prosecutions in the long term.

 

And the possibility of seeing justice catch up with Donald Trump does not fail to delight his opponents: "He never followed the rules" and "deserves to go to prison for fraud", declared on CNN Barbara Res, a former president of the Trump Organization.