Former Trump Organization CFO testifies he didn't pay taxes on numerous perks

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Former Trump Organization CFO testifies he didn't pay taxes on numerous perks
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Former Trump Organization chief financial officer Allen Weisselberg testified that he didn't pay taxes on a range of perks provided by the company, as prosecutors sought to show his actions implicate the company itself in a years-long tax fraud scheme.

Prosecutor Susan Hoffinger asked Weisselberg about all of his functions as chief financial officer and executive vice president, and about the seniority of his position.Weisselberg testified that the Trump Organization paid the rent on his Manhattan apartment, the leases on cars for himself and his wife, garage expenses, tuition for his grandchildren, furniture for his house in Florida, and other personal expenses."That's correct," Weisselberg replied.

Weisselberg, who in 2005 moved from Long Island to a Manhattan apartment overlooking the Hudson River, said the move was Trump's idea so Weisselberg could "spend more time at the office rather than sitting on the train" commuting."It was convenient for the company, yes," Weisselberg said. Weisselberg said he earned $640,000 per year plus a $500,000 bonus -- an amount that remained unchanged even after he pleaded guilty in August to all 15 counts that he faced. Weisselberg said he expected to make the same bonus again this year, but conceded that "I don’t know yet."

McConney, who has been employed by the Trump Organization for 35 years, testified that he helped Weisselberg, and another executive, Matthew Calamari, pay personal expenses without the requisite taxes.

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