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Trump charged: NYC prosecutors target taxes

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Prosecutors in New York have officially charged the Trump Organisation, Trump Payroll Corporation and CFO Allen Weisselberg with 15 counts of felony.

This follows investigations into an alleged tax avoidance scheme from 2005, with the three parties being charged with a scheme to defraud, conspiracy, criminal tax fraud and falsifying business records. 

The charges were laid down by the Manhattan district attorney… with this office being the first to formally charge the former President’s company with criminal offences.

Trump has hit back at the claims, saying in a statement “the political Witch Hunt by the Radical Left Democrats, with New York now taking over the assignment, continues. It is dividing our Country like never before!”

Prosecutors say they have evidence of a 15-year tax scheme, with allegations the C-F-O evaded $1.7 million worth of income taxes.

They will rely on digital drives with grand jury testimony, bookkeeping records, tax records, and statements of potential witnesses.

The lead prosecutor says they have asked for Weisselberg’s passport to be taken as they are concerned he is a flight risk.

Meanwhile, the Trump Organisation’s main attorney believes “if the name of the company was something else, I don’t think these charges would have been brought.”

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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Threading the needle: Meta’s new platform finally dethrones X

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Threads, the social media platform owned by Meta, is gaining traction with a surge in daily active users, outpacing X in the U.S.

 

With Threads averaging 28 million daily active users compared to X’s 22 million, Meta’s ambitions to reach a billion users seem within reach despite a slowdown in growth. While X still boasts 550 million monthly active users globally, Threads’ focus on user experience and avoidance of real-time and political content could position it as a formidable competitor moving forward.

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Zendaya is serving in saucy sports drama “Challengers”

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This weekend’s entertainment lineup has something for everyone.

Apple TV+ brings “Sugar,” a drama set in New York City, while “Civil War” offers historical intensity.

“Challengers” with Zendaya brings a saucy sport drama to life, and superhero buffs can catch the trailer for “Deadpool and Wolverine” for action-packed fun.

With options spanning drama, history, reality, and superheroes, there’s excitement in store for all this weekend.

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