Trump Org. cleaned up illegal practices when Trump became president, ex-CFO testifies

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Trump Org. cleaned up illegal practices when Trump became president, ex-CFO testifies
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The Trump Organization cleaned up its act and stopped fraudulent tax practices to avoid scrutiny when Donald Trump became president, the company’s former CFO told a jury Thursday.

Trump Organization's former CFO, Allen Weisselberg, left, arrives to the courtroom in New York, Thursday, Nov. 17, 2022. | Yuki Iwamura/AP PhotoNEW YORK — The Trump Organization engaged in an effort to clean up its act and stop fraudulent tax practices to avoid scrutiny when Donald Trump became president, the company’s former chief financial officer told a jury Thursday.

“Mr. Trump became president, and everybody was looking at our company from every different angle you could think of,” Weisselberg said, adding the company wanted to “make sure that we correct everything that we have to correct.” He was in Trump’s office when his son, Donald Trump Jr., came in with tuition bills for his own children. Trump jokingly said, “I might as well pay for your grandkids too,” according to Weisselberg.

“Between the rent for the apartment, the tuition, we had an automobile or two — I thought the amount I was being given was too much, and the right thing to do was pay back the company for it,” he said. He said the company’s controller, Jeffrey McConney, who handled the paperwork, knew the arrangement was illegal. “I undoubtedly believe in my mind that he knew it as well,” he said.

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