Trump Organization and its CFO indicted by Manhattan grand jury

The Trump Organization and Allen Weisselberg, its longtime finance chief, were indicted Wednesday by a grand jury in Manhattan.

The offices of the Manhattan District Attorney and New York Attorney General have obtained indictments against the Trump Organization and its longtime finance chief Allen Weisselberg, two people familiar with the matter told NBC News.

The indictments against the organization and Weisselberg, handed up by a New York grand jury, are expected to be unsealed in court Thursday afternoon in Manhattan, a Trump representative told NBC.

Weisselberg is expected to surrender Thursday morning, The Washington Post reported earlier, citing sources. The Post said he is expected to be arraigned in front of a state judge later that day. The Trump Organization is also expected to be arraigned.

NBC previously reported the charges center around allegations of Weisselberg and other Trump Organization executives receiving benefits without reporting them properly on their tax returns.

Former President Donald Trump is not expected to be charged this week, the Post’s sources said, but the indictments could bring possible fines and legal problems to his company. However, prosecutors hope Weisselberg will exchange testimony against Trump for reducing his own risk, another source told the Post.

A representative for Manhattan District Attorney Cyrus Vance Jr. declined CNBC’s request for comment. Trump Organization lawyer Ronald Fischetti had no immediate comment. Weisselberg’s lawyer, Mary Mulligan, declined to comment.

Source: Trump Organization and its CFO indicted by Manhattan grand jury

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