Report: NY Prosecutors Subpoenaed Bank Records Of Trump Organization’s Longtime CFO

by | 2 months ago | Top Stories | 0 comments

The New York Times reports that state prosecutors in Manhattan investigating former President Donald Trump and his company have subpoenaed the personal bank records of longtime Trump Organization chief financial officer Allen Weisselberg.

Prosecutors also “are questioning gifts he and his family received from Mr. Trump, according to people with knowledge of the matter,” The Times reported.

In recent weeks, the prosecutors have trained their focus on the executive, Allen H. Weisselberg, in what appears to be a determined effort to gain his cooperation. Mr. Weisselberg, who has not been accused of wrongdoing, has overseen the Trump Organization’s finances for decades and may hold the key to any possible criminal case in New York against the former president and his family business.

Prosecutors working for the Manhattan district attorney, Cyrus R. Vance Jr., are examining, among other things, whether Mr. Trump and the company falsely manipulated property values to obtain loans and tax benefits.

It is unclear whether Mr. Weisselberg would cooperate with the investigation and neither his lawyer, Mary E. Mulligan, nor Mr. Vance’s office would comment. But if a review of his personal finances were to uncover possible wrongdoing, prosecutors could then use that information to press Mr. Weisselberg to guide them through the inner workings of the company. The 73-year-old accountant began his career working for Mr. Trump’s father.

In addition, The Times reported that prosecutors are separately “seeking a new round of internal documents from the Trump Organization, including general ledgers from several of its more than two dozen properties that the company did not turn over last year, according to the people with knowledge of the matter, who spoke on the condition of anonymity to discuss sensitive details.”

Read the full report.

Image credit: Official White House Photo by Tia Dufour / Public Domain

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