Former Trump finance chief Weisselberg to testify in civil fraud lawsuit after tax evasion jail time

  • 📰 komonews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

After a recent jail stint for tax fraud, Weisselberg is front and center again — set to testify Tuesday in the civil trial.

FILE - Former Trump Organization chief financial officer Allen Weisselberg appears during his sentencing hearing in Manhattan Supreme Court, Jan. 10, 2023, in New York. As Donald Trump's longtime finance chief, Allen Weisselberg helped spare the former president's real estate empire from its last existential threat, staving off insolvency after casino bankruptcies and an airline failure in the 1990s.

alleges that Weisselberg engineered Trump's financial statements to meet his demands that they show increases in his net worth and signed off on lofty valuations for assets despite appraisals to the contrary.last week in Manhattan, is not expected to return to court to see his former chief financial officer testify. An appeals court rejected Trump's bid Friday to halt the trial while he fights a pretrial ruling that could strip him of Trump Tower and other properties.

Weisselberg testified that he was having trouble sleeping, started seeing a therapist and was taking a generic form of Valium as he tried to "re-acclimate myself back to society." Jeffrey McConney, the Trump Organization's longtime controller, testified at the civil trial Friday that Weisselberg asked him to assist him in committing tax fraud on multiple occasions, including changing payroll records to hide perks and giving his wife a check for a no-show job so she could qualify for Social Security benefits.

At his May deposition, Weisselberg recalled how Trump would sometimes underline or write a question mark next to values he disagreed with, and would quibble about the language the financial statements used to describe his properties.

 

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:

 /  🏆 272. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines