Manhattan DA narrows focus on Trump Org CFO

Allen Weisselberg was in charge of the Trump Org’s books

New York /
Mar.March 02, 2021 09:30 AM
Donald Trump, Cy Vance and Trump Organization CFO Allen Weisselberg (Getty)

Donald Trump, Cy Vance and Trump Organization CFO Allen Weisselberg (Getty)

The Manhattan District Attorney’s office is increasing its focus on a longtime employee of the Trump Organization as it investigates former President Donald Trump’s real estate business.

Prosecutors working for Cy Vance are turning their attention to Trump Organization CFO Allen Weisselberg, who has worked for the company for more than two decades, according to the New York Times.

The publication reported that Weisselberg is a person of interest in the district attorney’s investigation, citing people with knowledge of the matter. The investigation is also looking at whether Weisselberg and other Trump Org employees were involved in hush money payments to two women who claimed they had affairs with Trump.

Vance’s team has also asked at least one witness about Weisselberg’s sons, Barry and Jack, according to the newspaper. One son was the property manager of Trump Wollman Rink in Central Park and the other works for Ladder Capital, one of Trump’s lenders.

The DA’s office has not accused Weisselberg or his sons of any wrongdoing or suggested that they are at the center of any investigation.

Weisselberg is an accountant who is in charge of Trump Org’s books. He started working for Fred Trump, and has also worked with the former president’s sons, Don Jr. and Eric.

In February, the Supreme Court rejected Trump’s request to block a subpoena for his financial records. Prosecutors are looking at whether Trump Org altered the values of his properties in order to obtain loans or reduce property taxes.

[NYTimes] — Keith Larsen 


Related Articles

arrow_forward_ios
State Sen. Jabari Brisport and a rendering of 840 Atlantic Avenue (Getty, IMC Architecture, iStock)
How a senator’s vampire politics hurt real estate — and NYC
How a senator’s vampire politics hurt real estate — and NYC
New law for immigrants seen as pointless for undocumented tenants
New law for immigrants seen as little help for undocumented tenants
New law for immigrants seen as little help for undocumented tenants
Tavros' Dov Barnett and a rendering of the current proposal at 44-54 Ninth Avenue and 351-355 West 14th Street (Tavros, Renderings via BKSK)
City orders Meatpacking office developer to dismantle, rebuild slouching façades
City orders Meatpacking office developer to dismantle, rebuild slouching façades
Who is still buying NYC’s rent-stabilized buildings?
Who is still buying NYC’s rent-stabilized buildings?
Who is still buying NYC’s rent-stabilized buildings?
Gov. Kathy Hochul (Getty, iStock)
Hochul signs bill that could add 0.5% tax to most East End sales
Hochul signs bill that could add 0.5% tax to most East End sales
Trust-fund kids exploit NY housing subsidy program
Trust-fund kids exploit NY housing subsidy program
Trust-fund kids exploit NY housing subsidy program
Trump’s DC hotel lost $70M during presidency
Trump’s DC hotel lost $70M during presidency, docs say
Trump’s DC hotel lost $70M during presidency, docs say
Downtown pols call for limits on permanent outdoor dining
Downtown pols call for limits on permanent outdoor dining
Downtown pols call for limits on permanent outdoor dining
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...