Trump’s longtime finance chief testified he is still collecting his usual $640,000 salary and $500,000 in bonuses
onald Trump’s longtime finance chief is still a company man, collecting a hefty salary from the former president’s namesake Trump Organization even as he makes his long-awaited turn as the prosecution’s star witness in a criminal tax fraud trial.
Asked if he was in line for another bonus this year, Weisselberg offered a seemingly nervous grin and said: “I don’t know yet. … Hopefully.” Prosecutors argue that the Trump Organization, through its subsidiaries Trump Corp. and Trump Payroll Corp., is liable for Weisselberg’s scheme because he was a “high managerial agent” entrusted to act on behalf of the company and its various entities.
But Weisselberg, reiterating his own guilt on the witness stand, testified that his scheming did benefit the Trump Organization’s bottom line in addition to his own. Weisselberg, who first started working for Trump’s father in 1973, has intimate knowledge of the company’s financial dealings and could end up testifying for several days. But he is not expected to implicate Trump or any members of the family in his testimony. Weisselberg is free on bail and will be formally sentenced following his testimony.
Trump signed the lease for Weisselberg’s apartment and authorized him and his wife to receive Mercedes-Benz cars, the leases for which were paid by the Trump Organization. Weisselberg said he hid his scheming from the company’s accountant, who also prepared his personal tax returns. He did not give any indication that Trump was aware he was maneuvering to avoid taxes.
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