Trump Organization Trial Update: Key Executive Reveals Role Of Family In Tax Fraud Scheme – By Manan Bhavnani (IB Times) / Nov 17, 2022
Allen Weisselberg, the former chief financial officer of the Trump Organization, returned to the courtroom Thursday in the New York tax fraud trial involving the company.
Weisselberg told the Manhattan court that former President Donald Trump, and his sons Donald Trump Jr. and Eric Trump, were directly involved in a massive fraud scheme. Weisselberg and several top executives received fringe benefits, which in his case included a company-paid Manhattan apartment and school tuition payments for two of his grandchildren.
For several years, the company under-reported employees’ salaries, while paying them in benefits that would count as compensation. The scheme helped the staff save thousands in income taxes and the company made savings on payroll taxes.
