What is Donald Trump’s empire and family at risk?

What is Donald Trump’s empire and family at risk?

Donald Trump can breathe, but not for long. If his company, the Trump Organization, and its CFO been accused, Thursday, the former US president escapes trial for the time being. But Donald Trump, or his children, may worry if the powerful Allen Weisselberg decides to work with prosecutors against a more lenient ruling.

No Trump Organization and Weisselberg are accused of creating Indirect reward system In order to pay lower taxes and employer fees. The faithful among the faithful, who has served the Trump family for more than 40 years, will be under pressure to cooperate with the authorities and avoid a sentence of up to 15 years in prison.

But for the former US president, the danger is above all about his family’s empire. Banks generally warn against lending to a company accused of fraud, and existing creditors can demand repayment. What the Trump Organization, which already has hundreds of millions of dollars owed this year, won’t be able to do. With the specter of another bankruptcy for Donald Trump, on an unprecedented scale this time.

READ  The brutal floods killed nearly 306 people

Leave a Reply

Your email address will not be published. Required fields are marked *