Trump's apparent confirmation of his company's tax schemes could haunt him in court
jshamsian@insider.com (Jacob Shamsian)
Donald Trump seemed to confirm the underlying facts of the 15-count indictment against his company.
His public remarks could give him legal headaches, according to a former prosecutor.
Donald Trump Jr. and Eric Trump, both Trump Organization executives, are also talking about the case.
See more stories on Insider's business page.
Donald Trump's constant stream of comments about the Manhattan District Attorney's investigation into his company will likely pose additional legal headaches, according to a former prosecutor.
At a rally Saturday, the former president railed against the 15-count indictment against his company and its CFO, Allen Weisselberg. He appeared to acknowledge the underlying facts prosecutors alleged: that Weisselberg cooked the books so that he could compensate himself with apartments, cars, and tuition for family members without paying taxes on those benefits.
"You didn't pay tax on the car or a company apartment. You used an apartment because you need an apartment because you have to travel too far where your house is," Trump said in a grammatically mangled speech. "You didn't pay tax. Or education for your grandchildren. I don't even know. Do you have to? Does anybody know the answer to that stuff?"
Randy Zelin, a former New York state prosecutor, told Insider that Trump's remarks could be admissible in court proceedings against the company or Trump himself.
"I'm sure the government has people whose responsibilities will include capturing every television appearance, every print appearance, every internet posting," Zelin, now a defense attorney at Wilk Auslander LLP, said. "To the extent that anything of someone who's potentially a target of the government says something against their proprietary interests, those statements could be viewed as an admission, and they could be admissible."
READ MORE: Trump's apparent confirmation of his company's tax schemes could haunt him in court
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Posted By: Dea. Ron Gray Sr.
Wednesday, July 7th 2021 at 1:31PM
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