According to The Washington Post, a Manhattan grand jury returned criminal indictments against Donald Trump's Trump Organization as well as its CFO, Allen Weisselberg.

Weisselberg will surrender Thursday morning at the office of NYC DA Cyrus R. Vance Jr., and will be arraigned.

These are the first criminal charges against Trump's holdings since Vance and NY AG Letitia James began investigations into Trump's network after it was revealed his org paid hush money to Stormy Daniels in the run-up to the 2016 election in order to hide his adulterous affair with her.

Noteworthy:

Trump himself is not expected to be charged this week, the people said, and no others in his orbit are expected to face imminent charges. But the indictments could mark a significant escalation in his legal problems — both by exposing his company to potential fines and by raising the pressure on Weisselberg. Prosecutors hope Weisselberg will offer testimony against Trump in exchange for lessening his own risk, according to another person familiar with the case.

Buckle up.