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

Malaysia News News

Business Maverick: Trump ex-CFO tells jury he and others committed tax fraud
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%
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:

dailymaverick /  🏆 3. in MY
 

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines



Render Time: 2025-01-11 13:22:04