Trumps had role in fraud scheme, former exec testifies at company's trial

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Former Trump Organization CFO Allen Weisselberg testified in court, describing how Donald Trump and two of his children allegedly participated in a scheme to defraud tax authorities.

testified in court Thursday, describing how Donald Trump and two of his children allegedly participated in a scheme to defraud tax authorities.

Two Trump Organization entities and Weisselberg are accused of more than a dozen counts of fraud and tax evasion. Weisselberg He said for himself and several other executives, the salary reductions were then mitigated by hefty bonus checks paid to the executives as if they were independent contractors for Trump Organization entities.

Former Trump Organization chief financial officer Allen Weisselberg testifies at the company's trial on fraud charges in New York. / Credit: Jane Rosenberg Futerfas continued with questions seeking to differentiate the Trumps from the executives who worked beneath them."Did you scheme with Jeff McConney?" Futerfas asked."No," Weisselberg replied.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Trump financial lieutenant Allen Weisselberg testifies against two Trump companiesAfter working for Trump family businesses for nearly 50 years, Allen Weisselberg, 75, took the witness stand Tuesday and started testifying for prosecutors in the criminal tax fraud case against two of those companies. Nobody in the Trump family will spend one day in jail because of this testimony. Stop continually falling for this I’ve known people that have spent more time in jail for failure to appear warrants than the Trumps have. And the Trumps are the actual crooks Mafiosi.
Source: USATODAY - 🏆 100. / 63 Read more »

Former Trump Organization executive Allen Weisselberg takes the stand to testify against the companyProsecutors allege Allen Weisselberg was part of a corporate scheme to help Trump Organization executives 'cheat' their taxes. Pretty sure you don't need quotation marks here. Another crime for garland to ignore Seeing that Donald, Don Jr and Eric are the executives, pretty much spells it out.
Source: CBSNews - 🏆 87. / 68 Read more »

Former Trump Organization CFO Allen Weisselberg takes the stand in criminal case against companyFormer Trump Organization CFO Allen Weisselberg takes the witness stand to testify against his employer in a criminal tax fraud case against the company, telling jurors that Donald Trump had been aware of the unusual pay structure for high-level employees. Nice try commie news NBC = Nothing But Crap Well, Doony.
Source: NBCNews - 🏆 10. / 86 Read more »