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Posted: 2021-06-28T01:12:28Z | Updated: 2021-06-28T14:17:29Z

New York prosecutors have reportedly given former President Donald Trumps attorneys until Monday to convince them not to file criminal charges against the Trump Organization over its financial dealings.

The deal could signal that Manhattan District Attorney Cyrus Vance Jr. and New York Attorney General Letitia James are considering criminal charges against the company as an entity, as first reported Sunday by The Washington Post , citing two people familiar with the matter. The two offices are working together after each one spent years investigating Trumps business.

On Friday, The New York Times and NBC News reported that Vances office could file charges against the Trump Organization as soon as the upcoming week. Attorneys working for Trump personally and for the organization reportedly met with Vances office on Thursday in an attempt to convince prosecutors to drop the charges. According to the Times and the Post, such opportunities to persuade prosecutors against filing charges are not abnormal in white-collar criminal investigations.

Prosecutors have shown interest in whether the Trump Organization used misleading valuations of its properties to deceive lenders and taxing authorities, and in whether the company paid taxes on fringe benefits for top executives.

Specifically, theyre investigating whether the corporate perks and gifts awarded to chief financial officer Allen Weisselberg had been accurately recorded in company ledgers and accounted for on tax returns. Weisselberg and his son Barry Weisselberg have reportedly received potentially up to hundreds of thousands of dollars worth of fringe benefits from the organization.