When Eric and Donald Trump Jr. discovered that former Trump Organization Chief Financial Officer Allen Weisselberg was cheating on his taxes, he was not disciplined, Weisselberg testified Friday.
In fact, Eric Trump approved a $200,000 raise for Weisselberg after he claimed he was no longer participating in the illegal activity and needed more money to make up for it, the former Trump executive testified during his third and final day of testimony in the Trump Organization criminal trial in New York City.“I told them since the practice was no longer going on, I would need some additional income to pay for those expenses,” Weisselberg said, according to NBC News.
Weisselberg, 75, said the brothers discovered his untaxed bonuses in 2017 during an internal review and after former President Donald Trump was already in the White House. The former CFO said when Donald Trump entered the White House, he stopped communicating with the organization.
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Allen Weisselberg says he got $200K raise after Trump kids discovered his tax fraudDonald Trump’s kids gave Allen Weisselberg a $200,000 raise – instead of punishing him – after discovering his shady tax practices, Weisselberg said Friday.
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Former Trump Organization CFO testifies that decision to skirt taxes was his aloneFormer CFO Allen Weisselberg testified in the Trump Organization's criminal trial that the company underwent a 'cleanup process' after Donald Trump was elected president in 2016.
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Former Trump Organization CFO testifies that perks stopped as part of 'cleanup process'Former CFO Allen Weisselberg testified in the Trump Organization's criminal trial that the company underwent a 'cleanup process' after Donald Trump was elected president in 2016.
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Trump Org.'S Longtime CFO Chokes Up, Says He Betrayed TrustDonald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family’s trust by scheming to dodge taxes on $1.7 million in company-paid perks, including a Manhattan apartment and luxury cars. Allen Weisselberg, a senior adviser and ex-chief financial officer at the former president’s Trump Organization, said he conspired with a subordinate to hide more than a decade’s worth of extras from his taxable income, but that neither Trump nor his family were involved in the scheme. The Trump Organization is on trial, accused of helping Weisselberg and others avoid paying income taxes on compensation in addition to their salaries. Prosecutors argue the company is liable because Weisselberg was entrusted to act on its behalf.
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