Prosecutors resumed their closing argument Friday in the Trump Organization’s criminal tax fraud trial.
NEW YORK — Prosecutors resumed their closing argument Friday in the Trump Organization’s criminal tax fraud trial, promising to share previously unrevealed details about Donald Trump’s knowledge of a tax dodge scheme hatched by one of his top executives.
Steinglass spoke for about an hour on Thursday and has told the judge he expects to need a total of at least four hours to summarize the case against the former president’s company. Prosecutors argue that the Trump Organization is liable because two executives involved in the scheme — longtime finance chief Allen Weisselberg and controller Jeffrey McConney — were “high managerial” agents entrusted to act on behalf of the company and its various entities.
“The fact that this was sanctioned and a practice that was known to Mr. Trump directly rebuts” that claim, Steinglass told Merchan as lawyers further argued the issue Friday morning before jurors entered the courtroom.
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