Trump's Companies Went Through 'Cleanup Process' After He Took Office

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“We corrected everything we had to correct,' former CFO Allen Weisselberg said in court on Thursday about the companies' bookkeeping.

Under Weisselberg’s plea deal, he was obligated to “testify truthfully” at the trial if called to do so. If Weisselberg holds up his end of the bargain, then his punishment would be about five months in jail.

Trump is not on trial, but the prosecution has closely tied this purported illegal conduct to him. During prosecutor Susan Hoffinger’son Oct. 31, she said that from 2005 to 2017, “when most of the criminal conduct occurred,” these businesses were “owned by Donald Trump.” Trump’s company also allegedly covered the lease payments on two Mercedes-Benzes that Weisselberg and his wife used as their personal cars, and gave cash to Weisselberg around the winter holidays, so he could give people “personal holiday gratuities.”

Did Trump cover the private school tuition personally? “Correct,” Weisselberg answered. He admitted that the nearly $2 million in benefits should have been taxed, but were not reported as income on his tax forms. “Yes,” Weisselberg responded. He also answered in the affirmative when asked whether the Trump Payroll Corporation should have included these benefits on his W-2s.

When Weisselberg was “cleaning up” everything, he allegedly told Calamari about this documentation. At some point, Weisselberg noticed it was gone from his drawer.

 

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If his admissions were supposed to be a searing indictment of Trump and his kids, it came up short. Real short.

Trump’s Pentangeli

You mean 'covered up'?

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