Trump Organization CFO’s Day Got A Lot Worse After He Was Reportedly Tied To Yet Another Financial Scandal Of The Ex-President’s

Just when he thought it couldn't get any worse.


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It seems just when Trump Organization CFO Allen Weisselberg undoubtedly thought things couldn’t get much worse for him, they have.

Weisselberg, the chief financial officer of the Trump Organization, has already been pegged as a key figure in the criminal and civil investigations currently raging against the ex-president’s business, and he’s also being investigated for tax fraud himself on a personal level. But apparently, that’s far from where Weisselberg’s woes end. According to a report from Mother Jones, a court filing has tied the CFO to yet another financial scandal connected to former President Donald Trump, this time involving the financial case regarding his inauguration.

Mother Jones’ David Corn reports: “In 2020, Karl Racine, the AG in the nation’s capital, filed a lawsuit against Trump’s inauguration committee and the Trump Organization, asserting that the inauguration committee, a nonprofit corporation, misused charitable funds to enrich the Trump family. The complaint, as the attorney general put it in a statement, accuses the Presidential Inauguration Committee (known as the PIC) of coordinating ‘with the Trump family to grossly overpay for event space in the Trump International Hotel.'”

Racine claims that the PIC reached out to Weisselberg as news reports about their finances were making waves in 2017, and asked Allen to oversee their own internal audit. Later, several emails were exchanged between Weisselberg and the PIC’s budget director, Heather Martin. One of those emails saw Weisselberg questioning why there was a $1.6 million difference between the committee’s revenues and donations.

Mother Jones cites depositions that were conducted in Racine’s lawsuits, in which lawyers asked witnesses about Weisselberg numerous times. In her deposition, Ivanka Trump was asked, “Do you have any idea why the Trump Organization would be asking for revenue data from the PIC?” Ivanka responded, “I do not.” When asked the same question, Don Jr. also answered, “I don’t.”

Former confidant to ex-First Lady Melania Trump, Stephanie Winston Wolkoff, asked, “The Trump Organization is the parent company that controls the operations and finances of the Trump Hotel, so why would Allen Weisselberg, its CFO, be asked to participate in the audit pertaining to the finances of the PIC?”

Winston Wolkoff, who now serves as a lead cooperating witness in Racine’s lawsuit continued, “That is especially true when those finances involve the questionable payments to the Trump Hotel that I questioned at the time. This seems highly unusual, and it’s a matter that the various investigators should be seriously examining.”

You can read the full report from Mother Jones here.

Featured image via screen capture/Flickr – Gage Skidmore, under Creative Commons license 2.0

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