Business Maverick: Trump ex-CFO tells jury he and others committed tax fraud

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The Trump Organisation’s longtime chief financial officer, Allen Weisselberg, testified that greed fuelled a tax fraud scheme he says he engaged in with the firm’s controller and the two Trump companies standing trial.

Weisselberg, the prosecution’s star witness against the two business units, told a jury in Manhattan on Thursday that the scheme, which spanned more than a decade, was driven by the simple determination to evade taxes.

“Given that you were getting about $200,000 in expenses, without it being taxed, wasn’t this a savings to the Trump Corporation, because they saved themselves from having to give you a double raise?” executive assistant DA Susan Hoffinger asked Weisselberg. “I committed those crimes with Jeff McConney, who I dealt with directly, and Trump Payroll and the Trump Corporation,” Weisselberg told the jury under questioning by Hoffinger.

 

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