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Allen Howard Weisselberg (born August 15, 1947) is an American businessman who was convicted of tax evasion in connection with his role as former chief financial officer (CFO) of the Trump Organization. Weisselberg served as a co-trustee of a trust set up in 2017 by Donald Trump before Trump's inauguration as president of the United States. In 2022, Weisselberg pleaded guilty to 15 criminal charges including grand larceny, criminal tax fraud and falsifying business records. In January 2023, he began serving a five-month jail sentence and was released the following April. A ruling which was handed down in February 2024 also resulted in Weisselberg being permanently banned from serving in financial control function of any New York corporation or business, and also banned him from serving as a director or officer for any New York corporation or business for three years. In 2024, he pleaded guilty to perjury and was sentenced to another five months in prison. Early life Weisselberg was born in Brooklyn, New York, and grew up in the borough's Brownsville neighborhood. He is of Jewish descent. He graduated from Thomas Jefferson High School in nearby East New York, before receiving a Bachelor of Science in accounting from Pace University in 1970. Career Weisselberg began working as an accountant for Gravesend-based real estate magnate Fred Trump in 1973. By the late 1980s, he was controller of the company (which had relocated its main office to Midtown Manhattan under the auspices of Donald Trump) and reported to Stephen Bollenbach, his predecessor as chief financial officer. In 2000, Weisselberg was named chief financial officer and vice president of Trump Hotels & Casino Resorts. He also was a board member and treasurer of the Donald J. Trump Foundation. In 2017, Weisselberg said in a deposition to New York State investigators that he was not aware he was a board member "at least for the last 10 or 15 years". He has also handled the household expenses of the Trump family. Along with Donald Trump, he is one of two trustees of a New York-based revocable trust that in turn owns DT Connect Member Corp. On January 11, 2017, shortly before Donald Trump's inauguration as president of the United States, the Trump Organization announced that Weisselberg would manage the company along with Eric Trump and Donald Trump Jr. during Trump's presidency. A summary of trust arrangements dated February 10, 2018, lists Weisselberg and Donald Trump Jr. as trustees, and Eric Trump as an adviser. The summary also indicated that, as trustees, only Weisselberg and Trump Jr. knew the details of the trust's finances. On May 2, 2024, the Daily Beast published a story which revealed that Weisselberg was secretly involved in Trump's 2016 presidential campaign. Payments to Stormy Daniels and Karen McDougal Michael Cohen, Trump's personal lawyer at the start of his presidency, said that Weisselberg had arranged for the Trump Organization to pay Cohen $35,000 a month, to reimburse him for hush money Trump had asked Cohen to pay adult film actress Stormy Daniels in the weeks before the 2016 election, to keep her from talking publicly about an affair she says she had with Trump. In July 2018, Weisselberg was subpoenaed to testify before a federal grand jury regarding the Cohen investigation. Weisselberg was granted limited witness immunity for his testimony. New York County District Attorney Cyrus Vance Jr. was also investigating Weisselberg. When the federal investigation by the U.S. District Court for the Southern District of New York "effectively concluded" in July 2019, Vance issued new subpoenas in connection with the hush-money payments. Weisselberg's federal immunity does not extend to state investigations. In May 2024, former Trump Organization comptroller Jeffrey McConney testified that Wiesselberg instructed him to make reimbursement payment to Cohen in 2017. On May 13, during court testimony, Cohen linked Weisselberg to not only the Stormy Daniels payment, but also to the Karen McDougal hush money payment which was accepted by the National Enquirer to publish McDougal's "catch-and-kill" story. According to Cohen, Weisselberg provided him with the financial advice which inspired him to make the McDougal payment, telling him to not make it through the Trump Organization, but instead find more creative ways to make it. This in turn foreshadowed the way he would make the Daniels payment. Cohen further stated that Weisselberg coordinated the repayment to him after he made the hush money payment for Daniels on Trump's behalf. Notes also revealed Weisselberg’s role in Cohen's reimbursement payments. Cohen also testified that he and Weisselberg personally went into Trump's 26th floor Trump Tower office to discuss the reimbursement payments in the short time after the 2016 election victory. Tax fraud conviction Vance stepped up his state criminal investigation in February 2021, after the US Supreme Court authorized Trump's accountants to turn over Trump's personal and business tax records to him. Vance's office then reportedly focused its investigation on Weisselberg, as well as on Donald Trump Jr. and Eric Trump, allegedly with the goal of pressuring Weisselberg to turn state's evidence and testify against his employer. The New York Times reported that investigators had also asked at least one witness about Weisselberg’s sons—Barry, who had managed Wollman Rink, and Jack, who works at Ladder Capital, a Trump Organization lender. By March 2021, prosecutors were examining financial records of Weisselberg and his family members. His former daughter-in-law Jen Weisselberg, who was married to Barry Weisselberg from 2004 until 2018, released to the Manhattan DA numerous documents that revealed how some Trump employees received compensation in real estate and other items. CNN reported in May 2021 that the New York State Attorney General had opened a criminal tax investigation into Weisselberg months earlier. The investigation was pursued by the Manhattan District Attorney's office. In June, a grand jury heard evidence against him. Weisselberg surrendered to the Manhattan District Attorney's office in New York City on July 1, 2021, hours before the grand jury's indictments against him and the Trump Organization were unsealed. Weisselberg was charged with 15 felony counts for evading $344,745 in taxes over 15 years. He initially pleaded not guilty, but on August 18, 2022, he pleaded guilty to all 15 counts of grand larceny, criminal tax fraud and falsifying business records. As part of the guilty plea deal, he agreed to testify against The Trump Organization at trial and to pay "almost $2 million in back taxes, interest and penalties and waive any right to appeal." In November 2022, Weisselberg testified at the Trump Organization's tax fraud trial. He stated that the real estate company cleaned up its tax practices in anticipation of additional scrutiny after Trump entered the White House and left.... Discover the Rebecca J Allen popular books. Find the top 100 most popular Rebecca J Allen books.