World What are Donald Trump and his family empire at...

What are Donald Trump and his family empire at risk?


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648x415 donald trump entoure enfants ivanka don jr directeur financier trump orgnization allen weisselberg

Donald Trump can breathe, but not for long. If his company, the Trump organization, and its chief financial officer were indicted on Thursday, the former US president is, for the moment, escaping prosecution. But Donald Trump, or his children, could be worried if staunch Allen Weisselberg decides to work with prosecutors against a more lenient sentence.

The Trump organization and Weisselberg are accused of having set up a system of indirect remuneration in order to pay less taxes and employer charges. Loyal among the faithful, the one who has served for more than 40 years for the Trumps will be under pressure to collaborate with the authorities and avoid a sentence of up to 15 years in prison.

But for the former American president, the danger concerns above all his family empire. Banks are generally cautious about lending to a company accused of fraud, and current creditors could ask for reimbursement. What the Trump Organization, which already has hundreds of millions of dollars falling due this year, would be unable to do. With the specter of another bankruptcy for Donald Trump, on an unprecedented scale this time.



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