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‘That was my understanding, yes’: Allen Weisselberg pins tax fraud scheme on Donald Trump
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‘That was my understanding, yes’: Allen Weisselberg pins tax fraud scheme on Donald Trump
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Former Trump Organization financial chief Allen Weisselberg took the stand in Manhattan State Supreme Court on Tuesday in the company’s criminal trial on tax fraud charges. He testified that he received $1.76 million in untaxed, off-the-books perks from the Trump Organization, confirming several aspects of the district attorney’s case against the former president’s company.
Prosecutors allege that the Trump Organization was involved in an illicit compensation scheme that lined the pockets of executives like Weisselberg. After pleading guilty to a 15-count indictment in August, Weisselberg agreed to “testify truthfully” against the Trump firm.
He testified that Trump suggested in 2005 that he move into a luxury Riverside Drive apartment using company funds, and even signed the lease for the property. In addition to paying for Weisselberg’s rent, the Trump Organization covered his utility and parking fees, according to the indictment.
“It’s your understanding that was authorized by Mr. Trump?” Assistant District Attorney Susan Hoffinger asked about the payment of utilities at the rent-free apartment on Tuesday.
“That was my understanding, yes,” Weisselberg responded.
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