Baller Alert Entertainment & Lifestyle
The New York State attorney general is now investigating the tax records from the family of the Trump Organization‘s chief financial officer Allen Weisselberg as part of a probe into Trump’s business.
According to The Hill, New York Attorney General Letitia James‘s probe into the Trump Organization involves the financial records from Weisselberg’s son Barry and ex-daughter-in-law, Jennifer.
James’s office is looking at the family’s records in the hopes of getting more information about the organization’s operations and tax strategies as it continues its civil investigation into whether Trump’s organization falsely reported property values to get loans and or receive tax breaks.
A Bloomberg report revealed that Barry Weisselberg, a Trump Organization manager, and his now ex-wife, Jennifer Weisselberg, received free rent for years in a company-owned building near Central Park. They also reportedly used the business’s accountant to handle their personal tax filings.
For at least four years, The Weisselberg’s tax returns did not include the taxable income from the free rent, as required. Legal experts claim these perks could cause tax liabilities for both the Weisselbergs and/or the Trump Organization.
An attorney for Allen Weisselberg, who is the highest-ranking nonfamily employee and manager of Trump’s trust during his presidency, declined to comment “on the many falsehoods and inaccuracies in the Bloomberg News article.”
