Allen Weisselberg testified that Eric Trump raised his pay $200,000 after an internal audit found that he’d been reducing his salary and bonuses by the cost of the perks.
’s oldest sons — entrusted to run his company when he became president — react when they learned that a top executive was scheming to dodge taxes on lavish corporate perks?
The company continues to pay Weisselberg $640,000 in salary and $500,000 in holiday bonuses and punished him only nominally after his arrest in July 2021, reassigning him to senior adviser and moving his Trump Tower office. He’s now on paid leave. Weisselberg said Eric Trump, who handles the company’s day-to-day operations, signed off on his raise and is now in line to approve another $500,000 holiday bonus — even as Weisselberg prepares to shuffle off to New York City’s infamous Rikers Island jail complex.
FILE - In this Jan. 11, 2017 file photo, Allen Weisselberg, center, stands between President-elect Donald Trump, left, and Donald Trump Jr., at a news conference in the lobby of Trump Tower in New York. The tax fraud case is the only trial to arise from the Manhattan district attorney’s three-year investigation of Trump and his business practices. If convicted, the company could be fined more than $1 million and face difficulty making deals.
Trump wrote that the case had “fallen apart” after Weisselberg testified Thursday, that neither Trump nor Trump’s family were involved in his tax avoidance scheme.“Did a longtime executive pay tax on the use of a company car, or a company apartment, or payments for the education of his grandchildren. For this he get handcuffs and jail?” Trump wrote, describing the situation as “VERY UNFAIR!”
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