New York prosecutors investigating
Investigators with Manhattan District Attorney
The district attorney’s office is examining transactions involving the Weisselberg sons as part of a probe of their father, the people said. Neither Allen Weisselberg nor his sons have been accused of wrongdoing. Investigators believe the CFO may have incentive to cooperate with Vance’s office if prosecutors begin to aggressively pursue leads about his sons, the people said.
A spokesman for Vance’s office declined to comment. Calls and emails to Jack Weisselberg and others at Ladder Capital were not returned. A lawyer and a spokesperson for the Trump Organization both didn’t immediately respond to requests for comment.
Investigators began asking about the Weisselberg sons months ago, the people said. It’s not immediately clear how advanced the inquiry is.
The New York Times reported the investigators’ questions about the sons earlier.
Vance’s investigation initially focused on the Trump Organization’s reimbursement, through Weisselberg’s office, of 2016 hush-money payments made by
The district attorney’s investigation has since grown into a review of the company’s dealings with a variety of outside business entities, including
The rinks and carousel Barry Weisselberg helped run are owned by New York City but managed by the Trump company under contract, generating $9 million in revenues in 2019, according to Trump’s financial disclosures. Mayor
Investigators with Vance’s office have also expressed interest in the finances and residences of Barry Weisselberg, the people said. The Trump Organization provided him a rent-free apartment in one of its buildings starting in 2005, Bloomberg
The Wall Street Journal reported last month that Vance’s team has reviewed some $280 million in loans extended by Ladder to the Trump Organization. The company declined to comment for that article.
(Includes response from Allen Weisselberg’s lawyer in 4th paragraph)
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