The changes were made Thursday and Friday, a week after a grand jury in Manhattan indicted Weisselberg on 15 felony counts, including grand larceny and tax fraud. Weisselbeg was accused by New York prosecutors of helping run a 15-year scheme to evade income taxes by concealing executive’s salaries — including more than $1.7 million of his own income — from tax authorities. Two Trump corporate entities were indicted alongside Weisselberg...
The removal of the Weisselberg’s name from these corporate filings could avoid questions from regulators, lenders or vendors, by leaving out the name of an indicted executive.
But it may not change much in the companies’ operations. On paper, the Trump Organization is a web of interconnected entities, each with its own set of officers. But in practice, the subsidiaries have all been run by the same small group of executives at Trump Tower in New York, including Trump, his adult sons and Weisselberg — with little regard to who holds formal offices in what subsidiary.
The Journal reported Monday that Weisselberg remains chief financial officer of the Trump Organization as a whole. A person familiar with the company told The Washington Post: “Allen Weisselberg’s at the company. He’s got a job. He’s going to remain at the company.”
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