Page 202 - Cfo News Today

But this is a very -- this is an order of magnitude different than anything hes encountered before. >> and also in the last two trials, they were political. he had people there who were invested in making sure he got away with it and he had leverage to use against them. here we dont know that to be the case. >> and he was still president. >> yes, sir, absolutely, which had leverage on high. that takes us to the difference between fealty, to whether he can really secure enough loyalty to stay out...

Can really secure enough loyalty to stay out of water. that goes to the cfo and any other people with information about his knowledge of criminal wrongdoing. >> thats right, chris. it is a small network of people. the trump organization is not a complex fortune 500 company. this is a mom-and-pop shop. its smaller than most grocery stores in terms of the number of people who work there. trump put his hands on everything of substance. so anything of substance that cy vance or tish james is looking...

Requires specific evidence. >> what youre going to need is a witness who discussed the fraudulent scheme with donald trump and can say, i committed fraud and i did it at the direction of my boss, donald trump. and if you dont have that witness in this case i think its very difficult to charge donald trump. >> reporter: that witness could be the trump organizations long-time cfo. >> placing george this week is my chief financial officer allen weisselberg. >> reporter: he handled the trump organiz...

Investigating as -- as we were just hearing. the trump organization cfo, allen weisselberg. he -- been -- been with the company for almost-50 years. paula reid talking about them looking into his taxes. we also know they have looked at, i believe, one of his children, as well. based on your reporting from your book, is there really much he doesnt know about whats gone on there? >> is there much that allen weisselberg doesnt know? >> yeah. >> the simple answer is no. hes there -- hes the guy, who...

To provide advice to give him the distance essentially -- one area removed from being able to say that here was my specific intent, here was my directive. it makes it a more challenging, not impossible, case. you look for weissleberg who can provide information about the intent of the person who might be your larger target. weissleberg already is a pretty large target. if he werent attached to former president trump, the head of a huge organization like this and having that capacity as a cfo and...

Next? >> well be watching for who goes into that grand jury. and even though its a secret proceeding the witnesses, as weve seen in numerous other cases, are free to talk about the fact theyve been in, even what they testify to. so watching who goes in. certainly if we hear that weisselberg, the cfos gone in, very, very significant. probably indicates he has a cooperation deal. same thing if michael cohen goes in. hes indicated hes very enthusiastic to go in. and of course very importantly, were...

Of accountants and legal counsel, all of which to try to provide advice to give him the distance, essentially, one area removed from being able the say that here was my specific intent, here was my directive. it makes it a more challenging, not impossible, case. you look for people like, a, a weisselberg who can provide information about the intent of the person who might be your larger target. weissleberg already is a pretty large target. if he werent attached to former president trump, the hea...

Investigators several times but legal analysts say fraud requires specific evidence. >> what youre going to need is a witness who discussed the fraudulent scheme with donald trump and can say, i committed fraud, and i did it at the direction of my boss, donald trump. and if you dont have that witness in this case, i think its very difficult to charge donald trump. >> reporter: that witness could be the trump organizations longtime cfo. >> replacing george this week is my chief financial officer ...

Requires specific evidence. >> what youre going to need is a witness who discussed the fraudulent scheme with donald trump and can say i committed fraud and i did it at the direction of my boss donald trump, and if you dont have that witness in this case, i think its very difficult to charge donald trump. >> reporter: that witness could be the trump organizations longtime cfo. >> replacing george as my chief financial officer alan weisselberger. >> reporter: he handled the trump organizations fi...

Has been a lot of focus on the cfo of the trump org. i would imagine much evidence needs to come into the grand jury. >> that makes a lot of sense. obviously, republicans dont really want to be talking about the former president as they head into the midterms. it looks like they may be with this grand jury panel. they have been trying to avoid it on the january 6th commission front. i just want to ask you about this. someone who has spent so much time with different types of investigations and p...