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Alex Peebles

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Politics

The Trump Organization is under fire. Who could face legal charges?

Jun 30, 2021

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The Manhattan District Attorney is expected to bring charges against the Trump Organization on Thursday. President Donald Trump stepped down as the organization’s president in 2017 and his lawyers say he isn’t expected to be charged. What do legal charges mean for the organization and its current executives? View the video above to Get This Straight.

GWEN BAUMGARDNER: THE TRUMP ORGANIZATION IS UNDER FIRE WITH THE MANHATTAN DISTRICT ATTORNEY.

BUT THE MAN HIMSELF IS LARGELY STAYING OUT OF IT…CHOOSING TO MEET WITH SUPPORTERS ACROSS THE COUNTRY.

SO WHAT EXACTLY IS THE TRUMP ORGANIZATION? AND WHO COULD FACE CHARGES, IF NOT DONALD TRUMP?

LET’S GET THIS STRAIGHT.

FIRST OFF, DESPITE THE NAMESAKE, THE ORGANIZATION IS SEPARATE FROM THE TRUMP CAMPAIGN AND HIS SUPER PACS.

INSTEAD, IT’S MADE UP OF ABOUT 500 BUSINESSES. A CONGLOMERATE OF THINGS LIKE GOLF COURSES, HOTELS, AND RESORTS. OBVIOUSLY, MAR-A-LAGO.

CHARGES COULD IMPACT ALL OF THE THOSE REAL ESTATE HOLDINGS…AND THEIR EXECUTIVES. WHICH AT THIS TIME DOESN’T INCLUDE DONALD TRUMP OR HIS DAUGHTER IVANKA.

TRUMP TOOK OVER AS PRESIDENT OF THE ORGANIZATION IN 1971…BUT HE STEPPED DOWN IN 2017, TO BECOME THE ACTUAL PRESIDENT. THOUGH TO BE CLEAR…HE’S STILL A FINANCIAL STAKEHOLDER.

SO WHO IS RUNNING THE ORGANIZATION? AFTER TRUMP LEFT, NO ONE WAS HIRED TO FILL THE TOP SPOT.

SONS ERIC AND DON JR. ARE CURRENTLY SERVING AS EXECUTIVE VICE PRESIDENTS.

PERHAPS SURPRISINGLY, THE FOCUS OF *THIS INVESTIGATION IS NOT A TRUMP.

IT’S ALLEN WEISSELBERG, WHO’S SERVED AS THE ORGANIZATION’S CFO FOR DECADES.

WHETHER OR NOT IT’S A WAY TO GET TO DONALD TRUMP…AT THIS POINT, WE DON’T KNOW.

LET ME KNOW YOUR THOUGHTS IN THE COMMENTS BELOW.