The Real Deal New York

Prosecutors grant Trump Org CFO immunity

Allen Weisselberg testified in Cohen investigation
August 24, 2018 04:30PM

President Donald Trump and Allen Weisselberg (Credit: Getty Images)

Federal prosecutors granted Allen Weisselberg, the Trump Organization’s longtime chief financial officer, immunity for providing information about Michael Cohen.

Weisselberg testified before a grand jury as part of a criminal investigation into Cohen’s making payments to hide negative information about President Trump. Granting immunity to Weisselberg — who, alongside Trump’s adult sons, controls the president’s financial assets and business interests — puts even more pressure on Trump following Cohen’s guilty plea, the Wall Street Journal reported.

Earlier this week, Cohen pleaded guilty to felony counts of fraud and campaign finance violations. He also implicated Trump when he told a federal judge that the then-presidential candidate directed him to pay off former Playboy model Karen McDougal and adult-film star Stephanie Clifford.

Prosecutors also provided immunity to David Pecker, the chief executive of the company that publishes the National Enquirer. The Enquirer paid for the rights to Clifford’s account of her affair with Trump and then never ran a story about it. Pecker provided information about Cohen’s payments, including Trump’s knowledge of the hush money. [WSJ] — Kathryn Brenzel