3 Things To Know Today

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1 Trump Org CFO Surrenders To Authorities, Has Arraignment

It’s official – the longtime chief financial officer of former President Donald Trump's family businesses has been arraigned on a sweeping list of tax fraud charges. Alan Weisselberg surrendered to the Manhattan District Attorney's Office early yesterday. In an indictment unsealed yesterday, a Manhattan grand jury agreed that as early as 2005 and up until last month, the Trump Organization and Weisselberg falsified business records and committed tax fraud and as part of a scheme to compensate executives at the Trump Organization "off the books." The 73-year-old Weisselberg has worked for the Trump Organization for almost half-a-century, hiring on in 1973 when the former president's father, Fred Trump, headed the real estate development firm he founded. The indictment is expected to ramp up the pressure on Weisselberg to cooperate with prosecutors – something his daughter is reportedly already doing.

2 Surfside, FL Search Resumes After Declared Safe

Concerns about the remaining standing structure were behind a pause in operations at the site of a deadly South Florida condo collapse. The search and rescue operation has now begun again. Governor Ron DeSantis said almost 14-hundred tons of debris have been removed from the clean-up site. At last check, 18 people have been recovered. This, as President Biden visited the site yesterday. In remarks later made, says he's "holding out hope" for those unaccounted for in the deadly Florida condo collapse. Biden noted that he spoke personally with every single family that wanted to sit down. He said the country is with them, “as one nation.” Meanwhile, Biden said the degree of cooperation between federal, state, and local officials is remarkable. He promised the federal government would cover 100-percent of rescue costs for the first 30 days. Additionally, FEMA will provide temporary housing and the State Department will authorize temporary visas for affected family members living abroad.

3 Boy Scouts Reach $850M Settlement With Sexual Abuse Victims

The Boy Scouts of America is writing a massive check to tens of thousand of victims claiming they were sexually abused. The organization will pay 850-million dollars in what's being called the largest settlement for a child sexual abuse case ever in the US. The suit represented over 84-thousand people. It was just last year the Boy Scouts filed for bankruptcy due to rising legal defense costs in sexual abuse cases. That may be why local councils are expected to contribute to the settlement fund under the terms of the agreement. In fact, court documents state they are required to pay at least $300-million. The amount is said to be more than double the group's initial proposal to victims – and some of the attorneys of the victims are very unhappy. "I don't know how you can characterize this as anything but a failure," says Tim Kosnoff. “You're talking about clients who, in some cases, were...raped for years that are now supposed to get payouts of $3,500 ... maybe $5,000,. That is an insult.” The judge overseeing the case must still sign off on the deal.


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