Former Trump Organization CFO Allen Weisselberg takes the witness stand to testify against his employer in a criminal tax fraud case against the company, telling jurors that Donald Trump had been aware of the unusual pay structure for high-level employees.
against the company, telling jurors that Donald Trump had been aware of the unusual pay structure for high-level employees.
He also acknowledged that he didn’t pay taxes on those perks, adding that the pay structure saved the Trump Organization money in payroll taxes that it otherwise would have paid, a key claim in prosecutors’ case against the company. The company later announced that Weisselberg was being removed as chief financial officer, but he testified Tuesday that his duties — and his salary — have largely remained the same. He said that the company placed him on paid leave last month but that he is still being paid a $640,000 salary and expects to get a $500,000 bonus in January.
Lawyers for the Trump companies named in the indictment have argued that Weisselberg was the lone bad actor and that both the company and Trump should not be blamed.
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