Trump Org CFO appeared to defend company car perk while being charged with tax avoidance scheme, documents say

Trump Organization finance chief Allen Weisselberg appears in a New York court after turning himself in to authorities on July 01, 2021 in New York City. According to reports, federal prosecutors with the Manhattan district attorney’s office have charged the Trump Organization, and its CFO Weisselberg, with tax-related crimes.

Trump Org. CFO Allen Weisselberg complained about his long commute, court documents say.
He was defending receiving luxury cars from his employer, per The Washington Post.
But prosecutors allege the perks were really part of a tax avoidance scheme.

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Trump Organization CFO Allen Weisselberg, who is accused of accepting luxury cars as part of a tax avoidance scheme, complained about his long commute while in custody, court papers obtained by The Washington Post show.

According to prosecutors cited in the documents, Weisselberg apparently offered a defense of the arrangement.

He is said to have complained at the long commute from his suburban home to the Trump Organization offices in Manhattan.

“In sum and substance, defendant Allen Weisselberg stated that the commute to work from Long Island was difficult,” the documents filed by prosecutors in the New York Supreme Court reportedly say.

Weisselberg is said to have made the comment before pleading not guilty to charges of fraud and grand larceny.

The 15-count indictment against Weisselberg and the Trump Organization was filed by the Manhattan district attorney’s office as part of its wide-ranging probe into former President Donald Trump’s company. Attorneys for the Trump Organization also pleaded not guilty to the charges.

Weisselberg also said on the day of his arrest he had been living in his Upper West Side apartment since 2005, reported The Post.

The outlet said it was unclear whether he meant that commuting from Long Island was difficult, or simply from one part of Manhattan to another.

For decades, according to his former daughter-in-law Jennifer Weisselberg, Allen Weisselberg commuted to his job in Trump Tower from a home in Wantagh, on Long Island.

Trump described the home as “embarrassing” in a 2004 visit during a shiva, according to Jennifer Weisselberg. Allen Weisselberg sold the home in 2013, according to The Post.

Insider has contacted Weisselberg’s attorney for comment.

Prosecutors allege that Weisselberg accepted $1.7 million in company perks, including apartment leases, school tuition for his grandchild, and the lease of two Mercedes-Benz cars as part of a tax-avoidance scheme.

The executive, who has been employed by the Trump Organization for decades, has so far resisted pressure from prosecutors to flip and provide evidence to help them build their case.

Some legal analysts believe that the case against Weisselberg is a warning shot to other executives whom prosecutors hope will cooperate.

Donald Trump has denied any wrongdoing, claiming the investigation is politically motivated, and that the perks were not illegal.

Trump frequently gave perks like apartments to high-ranking employees. Matthew Calamari, another Trump Organization executive, is also under scrutiny over accepting tax-free perks, according to CNN.

He too has a home on …read more

Source:: Business Insider


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