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Trump Organization, CFO indicted on tax fraud charges | Money

Such perks were listed on internal Trump company documents as part of Weisselberg’s employee compensation, but were not included on his W-2 forms or otherwise reported and the company did not withhold taxes on their value, prosecutors said.

Trump’s company also issued checks, at Weisselberg’s request, to pay for personal expenses and upgrades to his homes and an apartment used by one of his sons, such as new beds, flat-screen TVs, carpeting, and furniture for his Florida residence, prosecutors said.

Barry Weisselberg’s ex-wife, Jen Weisselberg, has been cooperating with both inquiries and given investigators reams of tax records and other documents. In March, she told The New Yorker that some compensation for Trump Organization executives came in the form of apartments and other items and that “only a small part of your salary is reported.”

The Trump Organization is the business entity through which the former president manages his many entrepreneurial affairs, including his investments in office towers, hotels and golf courses, his many marketing deals and his television pursuits. Trump’s sons Donald Jr. and Eric have been in charge of the company’s day-to-day operations since he became president.

Two other Trump executives who were not identified by name also received substantial under-the-table compensation, including lodging and the payment of automobile leases, the indictment said.

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Filed Under: NEBRASKA, omaha.com

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