Prosecutors tell Trump Org. executive Matthew Calamari, they have no plans to press charges just yet – .

Prosecutors tell Trump Org. executive Matthew Calamari, they have no plans to press charges just yet – .

Prosecutors from the Manhattan District Attorney’s Office investigated Calamari, the chief operating officer of the Trump organization, for off-book compensation he received as a senior executive, including an apartment and a car funded by the company, and whether he had paid taxes on those benefits.

Informing Calamari that he will not be charged, at least for now, suggests a different tactic than prosecutors trying to “flip” him for his cooperation.

The decision not to prosecute Calamari at this time comes as prosecutors focused on the Trump organization and how it valued certain assets, including office towers and golf courses, and whether it inflated those values ​​for loans or tax breaks while lowering those values ​​for tax payment purposes, CNN reported.

“Mr. Calamari is pleased that the district attorney’s office has indicated that he currently has no plans to press charges against him,” Calamari attorney Nick Gravante said. “This is the fair and appropriate decision. He did not commit any crime and led an exemplary life. ”
Cyrus Vance Jr., the Manhattan district attorney, is in the final weeks of his tenure after deciding not to run again. While many expected Vance to decide whether or not to lay further charges against the Trump Organization or its leaders before he left office, it is now less certain that he will.

The investigation has experienced delays, including a dispute to the Supreme Court and a sealed legal dispute that is ongoing and concerns a subpoena for documents, according to people familiar with the matter.

The Trump Organization and CFO Allen Weisselberg were indicted in July for carrying out a tax evasion scheme for 15 years. The company and Weisselberg have pleaded not guilty. Former President Donald Trump called the investigation a politically motivated witch hunt.

The tax burdens came years after the district attorney’s investigation into the company began, which initially began examining a secret cash payment system. The survey expanded to focus on how the company valued many of its assets, including New York City office towers and golf courses.

Prosecutors began to focus on Weisselberg to pressure him to cooperate with their investigation. He refused and Weisselberg and the Trump Organization were indicted this summer.

The survey focused on valuations.

Calamari, like Weisselberg, has been part of the Trump Organization for several decades and is fiercely loyal to it. It is possible that prosecutors concluded that Calamari would not agree to cooperate or that he did not have enough value to give them to pressure him with criminal charges.

Weisselberg has been accused of helping orchestrate the alleged tax evasion scheme. Calamari, on the other hand, is seen more as the chief of security – even though his title is COO – and often has the responsibility of reporting to buildings and properties at all times. His son, Matthew Calamari Jr., holds the title of director of security for the Trump Organization.

Compensation cases and property valuation cases rely on a number of factors, and many defense lawyers and former prosecutors say they can be difficult to deal with.

This story has been updated with additional details.


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