Trump CFO’s Luxury Perks Could Lead to Long Prison Sentence

July 2, 2021, 12:36 AM UTC

Trump Organization Chief Financial Officer Allen Weisselberg made $940,000 a year from 2011 to 2018, but much of that was “off the books,” Manhattan prosecutors claim.

Former President Donald Trump’s longtime right-hand man was furnished with a luxury Upper West Side apartment, leased Mercedes for him and his wife, private-school tuition for his grandchildren and other perks totaling $1.76 million which he and his employer hid from tax authorities, according to the 15-count indictment by Manhattan District Attorney Cyrus Vance.

Weisselberg, 73, and the Trump Organization both pleaded not guilty to all charges on Thursday. Though the basic ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.