The Trump Organization’s longtime finance chief has testified at trial that he saved it hundreds of thousands of dollars by scheming to evade taxes on company-paid perks, including a Manhattan apartment and luxury cars.
Weisselberg said he saved the company hundreds of thousands of dollars by reducing his salary by the total cost of the fringe benefits — including a Manhattan apartment with a terrace overlooking the Hudson River, plus Mercedes-Benz cars for him and his wife — rather than asking for a raise and paying for them out of his pocket.
Weisselberg described Trump as a hands-on leader who, prior to leaving for the White House in 2017, received weekly reports detailing the company's finances and personally signed off on all big expenditures. Weisselberg said he saw Trump on a daily basis in those pre-presidency days but hasn't talked to him much since his 2020 election loss.
Trump signed the lease for Weisselberg's apartment and authorized him and his wife to receive Mercedes-Benz cars, the leases for which were paid by the Trump Organization. Weisselberg said he hid his scheming from the company's accountant, who also prepared his personal tax returns. He did not give any indication that Trump was aware he was maneuvering to avoid taxes.
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