Allen Weisselberg, Chief Financial Officer of the Trump Organization, has also been indicted.
The company’s chief financial officer, Allen Weisselberg, is accused of fraud and tax crimes. According to the prosecution, as a result of these actions, the company evaded taxes in the amount of $1.7 million.
Weisselberg, 73, surrendered to authorities early Thursday morning after being informed of the charges and appeared in court later that day.
He pleaded not guilty and was released after a hearing, but was forced to surrender his passport after prosecutors called him an escape route.
A lawyer for the Trump Organization, speaking on behalf of the company, also pleaded not guilty.
Manhattan District Attorney Carey Dunn said in court that the charges leveled Thursday relate to a tax fraud scheme that lasted 15 years and allowed Trump Organization executives to secretly receive pay increases without paying proper taxes.
The indictment does not mention violations by the 75-year-old former president, but the investigation is still pending.
Trump made a short statement criticizing the allegations.
“The political witch hunt by radical left Democrats continues, and now New York has taken over the task,” he said. “This is separating our country like never before!”
New York State Attorney General Laetitia James called the allegations “a landmark moment” in an ongoing investigation into the Trump Organization and Weisselberg.
“This investigation will continue and we will go for facts and laws wherever they lead,” said James.