Indicted Trump Organization CFO removed as an officer from several company subsidiaries kaok.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kaok.com Daily Mail and Mail on Sunday newspapers.
Weisselberg allegedly removed from officer positions by Trump Organization
John Minchillo/AP
Allen Weisselberg, center, departs Manhattan criminal court, Thursday, July 1, 2021, in New York. The charges against the Trump Organization and the companyâs chief financial officer, Weisselberg, remained sealed Wednesday night, but were expected to involve alleged tax violations related to benefits the company gave to top executives, possibly including use of apartments, cars and school tuition, people familiar with the case said. (AP Photo/John Minchillo)
and last updated 2021-07-12 18:44:33-04
Allen Weisselberg has been removed by the Trump Organization from officer positions of its subsidiaries after he and the company were indicted on 15 charges, including tax fraud and grand larceny.
Toobin: Trump Organization can try to pretend this is Weisselberg problem
AP
By Kara Scannell, CNN
The Trump Organization has removed Allen Weisselberg, its chief financial officer, from officer positions at several of its subsidiaries, including Mar-a-Lago, after he and former President Donald Trump’s namesake business were indicted for allegedly running a 15-year tax fraud scheme.
Weisselberg’s role and title at the Trump Organization could change, but he will remain at the company, a source close to the Trump Organization told CNN. The source described Weisselberg’s removal from the positions as “prudent corporate governance.”
Weisselberg has pleaded not guilty to 15 state charges, including grand larceny.
Here s How Trump’s Top Exec. Dodged Paying Taxes For Years By Danielle Ong
on July 13 2021 11:51 AM Allen Weisselberg (C) , the CFO of former US president Donald Trump s company arrives in New York on July 1, 2021
A top executive for the Trump Organization had allegedly redirected his salary to tuition and other unaccounted corporate perks to evade taxes, indictment records show. Now, he s being booted out of the company s subsidiaries.
Allen Weisselberg, 73, was charged with 15 felony counts, including grand larceny and tax fraud, for evading income taxes by allegedly concealing the salaries of top Trump Organization executives, including himself. He is accused of understating his income by at least $1.76 million from 2005 to 2017.
How Trump s Top Executive Dodged Paying Taxes For Years: Report ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.