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Reports: Trump Organization removes indicted CFO as officer of several subsidiaries


Reports: Trump Organization removes indicted CFO as officer of several subsidiaries
Chelsey Cox, USA TODAY
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Allen Weisselberg, longtime chief of financial operations for the Trump Organization, has been removed as an officer at some of the company s subsidiaries, according to reports.
Weisselberg s removal comes after prosecutors recently accused him and the Trump Organization of a 15-year tax-fraud scheme. The ex-CFO was head of multiple entities of the company belonging to former President Donald Trump.
© Evan Vucci, AP
Allen Weisselberg stands between President-elect Donald Trump and Donald Trump Jr. in the lobby of Trump Tower in New York on Jan. 11, 2017. ....

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Indicted Trump Organization CFO removed as officer from subsidiaries


The case was among the first criminal charges resulting from a multiyear investigation into Trump s business dealings by the Manhattan district attorney’s office in tandem with the New York attorney general’s office.
Among Weisselberg s charges are grand larceny for failing to pay taxes on $1.7 million in fringe benefits from the company, including a Mercedes-Benz for his wife, a rent-free apartment in Manhattan s Upper West Side for his son s family and private school tuition for his grandchildren. Prosecutors also allege the former CFO accepted thousands in federal and state tax refunds that he was not entitled to receive. The grand larceny charge carries a maximum sentence of 15 years in prison. ....

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Allen Weisselberg removed as officer of Trump Organization subsidiaries


Michael M. Santiago/Getty Images
Trump Organization CFO Allen Weisselberg, who was recently indicted for allegedly running a 15-year tax fraud scheme,
has been removed as an officer at some of the company s subsidiaries,
Weisselberg has worked for the Trump family since 1973, and while it s expected he will stay on at the company, the organization s leaders have been discussing possibly changing Weisselberg s title, duties, and responsibilities, people familiar with the matter told the
Journal. 
Florida Department of State business records show Weisselberg was previously listed as treasurer, director, vice president, and secretary of the Trump Payroll Corp., which processes payroll for Trump Organization staff and is also facing charges in the same criminal case as Weisselberg. Now, Donald Trump Jr. is listed as executive vice president, director, secretary, treasurer, and vice president, while his younger brother, Eric Trump, is named president, director, a ....

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Here's How Trump's Top Exec. Dodged Paying Taxes For Years


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. ....

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