New York prosecutors’ investigation into Mr. Trump

New York prosecutors' investigation into Mr. Trump
The Manhattan district attorney investigating former President Donald Trump and his family businesses is zeroing in on Allen Weissellberg, the longtime chief financial officer of the Trump Organization, The New York Times reported, citing people familiar with the matter.

 

Mr. Weisselberg, 73, is an accountant who began his career working for Mr. Trump’s father and has run the Trump Organization’s books since the 1970s. He ran the Trump Organization with Trump’s sons during the Trump presidency.

The New York Times reported that the Manhattan district attorney’s office in recent weeks had questioned witnesses familiar with Mr Weiselberg’s activities at the company, a move that could increase pressure on him to co-operate with the investigation.

Mr. Weisselberg is said to have had more extensive knowledge of the Trump Organization’s financial arrangements than any other employee. That means he could potentially provide damaging information about Trump if he chooses to cooperate with the investigation.

The Times report follows a report in The Daily Beast last week that both Weisselberg’s and Trump Jr. ‘s activities within the Trump Organization were new targets of the investigation by Manhattan District Attorney Vance.

Mr. Vance did not elaborate on which of the Trump Organization’s business arrangements his team is investigating, but court documents from 2020 show that the investigation is focused on what they called “extensive and persistent criminal conduct by the Trump Organization.”

Since August 2019, trump and Vance locked in a fierce legal disputes, then Vance office to trump long-term accounting firm Mazars USA issued subpoenas, asking them to trump 8 years of tax returns and other financial records, as the former personal lawyer Cohen trump on the eve of the 2016 election to participate in two “hush money” part of the investigation.

New York prosecutors had obtained the records in late February after the Supreme Court rejected a last-ditch effort by Mr. Trump’s side to keep his tax returns secret.

Separately, Mr. James, the New York attorney general, is opening a separate investigation into whether the Trumps misrepresented their assets to avoid taxes.