Trump CFO Allen Weisselberg quit roles even before indictment

Executive at ex-president’s firm faces charges of tax fraud and grand larceny

National /
Jul.July 14, 2021 05:00 PM
Trump CFO Allen Weisselberg (Getty)

Trump CFO Allen Weisselberg (Getty)

Trump Organization CFO Allen Weisselberg began to shed his company titles just before he was indicted, new documents show.

Weisselberg began resigning from his dozens of positions in late June, part of a plan to quit every Trump Organization subsidiary where he held a role. Weisselberg wrote a resignation letter on June 25, six days before surrendering to authorities, according to documents obtained by The Washington Post.

A list of positions Weisselberg was resigning from was largely redacted, but the publication reported he has left at least 54 Trump entities. One person familiar with the organization told the newspaper that Weisselberg no longer has any titles in the Trump Organization.

Weisselberg didn’t cite a reason for his resignations, but likely aimed to avoid rattling regulators and lenders. His lawyers had been attempting to stop prosecutors from pressing charges.

On July 1, Weisselberg was indicted on felony charges. He is facing 15 felony counts, including charges of tax fraud and grand larceny.

Prosecutors allege Weisselberg was part of a scheme in which the Trump Organization provided executives lavish benefits, including free rent and tuition, as a form of untaxed compensation. Donald Trump was not indicted, although his firm was.

Weisselberg has pleaded not guilty and has yet to cooperate with investigators.

[WaPo] — Holden Walter-Warner






    Related Articles

    arrow_forward_ios
    Aventura Mayor Enid Weisman (Facebook via Weisman, Getty)
    Aventura votes to require HOAs to submit critical reports within 48 hours
    Aventura votes to require HOAs to submit critical reports within 48 hours
    Eric and Lara Trump with 502 Bald Eagle Drive in Jupiter (Getty, Google Maps)
    Trump town: Eric and Lara buy home near Don Jr. in Jupiter
    Trump town: Eric and Lara buy home near Don Jr. in Jupiter
    Fontainebleau Miami Beach, Jeffrey Soffer and former President Donald Trump (Ebyabe/Wikipedia, Getty, iStock)
    Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
    Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
    Gil Dezer (Photos by Sonya Revell)
    The Closing: Gil Dezer
    The Closing: Gil Dezer
    Brad Parscale and 2319 Desota Drive (Getty, Google Maps)
    Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
    Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
    Donald Trump with sons Eric and Don Jr. and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal)
    Trump lists beachfront mansion next to Mar-a-Lago for $49M
    Trump lists beachfront mansion next to Mar-a-Lago for $49M
    Photo illustration of Donald Trump at Mar-a-Lago (iStock, Getty/Illustration by Kevin Rebong for TRD)
    Trump argues to live in Mar-a-Lago — as an employee
    Trump argues to live in Mar-a-Lago — as an employee
    535 North County Road and Mark Pulte with former President Donald Trump (Google Maps; Pulte Family Foundation; Getty)
    Spec home built on Trump’s former Palm Beach property under contract for $140M
    Spec home built on Trump’s former Palm Beach property under contract for $140M
    arrow_forward_ios

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

    Loading...