Former President Donald Trump's company is set to face trial on charges that it helped some of its executives cheat on their taxes
No, the former president isn’t going on trial. His company is.is accused of helping some top executives avoid income taxesTrump signed some of the checks at the center of the case but he is not charged with anything and is not expected to testify or attend the trial, which starts Monday with jury selection.
His testimony comes as part of a plea agreement that requires him to serve up to five months in New York City’s Rikers Island jail complex, though he could be released after a little more than three with good behavior. The former Trump Organization chief financial officer must also pay nearly $2 million in taxes, penalties and interest and complete five years of probation.
McConney was granted limited immunity to testify last year before a grand jury and could also make an appearance on the witness stand at the trial. The company’s director of security, Matthew Calamari Jr., the son of chief operating officer Matthew Calamari Sr., also received immunity for grand jury testimony., prosecutors called the tax scheme"sweeping and audacious" and said it was"orchestrated by the most senior executives.
The Trump Organization is the entity through which the former president manages his many ventures, including his real estate investments, his many marketing deals and his TV pursuits.
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