Trump executive’s son was given sizable salary, generous perks, documents show

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NEW YORK — Former president Donald Trump’s company paid a skating rink manager more than $200,000 in annual salary, $40,000 yearlybonuses and provided free company-owned apartments for his family, according to testimony of the employee, Barry Weisselberg, and his financial documents.

Such payments and perks, as well as other financial support provided to Weisselberg and his family, have drawn new scrutiny from Manhattan District Attorney Cyrus R. Vance Jr. (D) as a potentially key component of his ongoing criminal investigation into the former president’s business activity and finances.

Barry Weisselberg is the son of Trump’s longtime confidant and chief financial officer, Allen Weisselberg, whose cooperation prosecutors are maneuvering to secure, a person familiar with the investigation said, as they evaluate whether there is sufficient evidence to charge Trump, or members of his family or inner circle. Like others, this person spoke on the condition of anonymity to discuss an ongoing investigation. Continue reading.

Manhattan DA takes financial records from Trump CFO’s former daughter-in-law

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Investigators from the Manhattan District Attorney’s Office on Thursday seized several boxes and a laptop computer’s worth of financial records as part of their ongoing investigation into former President Donald Trump’s financial dealings, the Washington Post reports. 

Why it matters: The materials come from Jennifer Weisselberg, who is closely connected to the Trump Organization. She is the ex-wife of employee Barry Weisselberg and the former daughter-in-law of Allen Weisselberg, the Trump Organization’s chief financial officer as well as its most senior serving non-family member. 

  • The move highlights how deep the investigation aims to go.

Details: Jennifer Weisselberg is cooperating in the investigation and was complying with a grand jury subpoena that asked her to turn over all financial records connected to the Trump Organization and Wollman Rink, an ice rink in Central Park that Barry Weisselberg managed for the Trump Organization, per the Post. Continue reading.

Former Mueller deputy explains how Trump could get nailed in Manhattan DA investigation

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In an interview with New York Magazine this Thursday, the former deputy to Robert Mueller during the probe into Donald Trump’s alleged ties with Russia, Andrew Weissmann, talked about the legacy of the Mueller investigation and the current investigations of Trump’s businesses.

Weissman, a former federal prosecutor, was asked by NY Mag’s Ankush Khardori what he thinks the odds are that anyone ends up criminally prosecuting Trump.

“If it’s going to happen, it’ll be in Manhattan,” Weissmann said. “That seems like the one that has the most legs. But you and I both know, it’s really hard. I’ve been on the inside and listened to people on the outside. It’s really hard unless you’re inside to know whether they’re really going to be able to make the case.” Continue reading.

Manhattan DA obtains Trump tax returns

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The Manhattan District Attorney’s Office has obtained former President Trump‘s tax returns.

A spokesman for Manhattan Distr ict Attorney Cyrus Vance Jr. (D) said Thursday that the office obtained the records on Monday.

The development comes after the Supreme Court on Monday rebuffed an effort from Trump’s lawyers to shield the documents. Continue reading.

Deutsche Bank Turned Over Trump’s Financial Records To Manhattan District Attorney

Deutsche Bank, the German financial powerhouse that loaned hundreds of millions of dollars to the Trump Organization when other banks shunned that company, has turned over records of its transactions subpoenaed by the Manhattan District Attorney’s office, according to the New York Times.

District Attorney Cyrus Vance, Jr., has sought the president’s personal and corporate tax records in court, without revealing much about the alleged crimes under investigation, although he is know to be looking into hush money payments to porn star Stormy Daniels and former Playboy model Karen McDougal.

Vance’s prosecutors justified the extensive demand for Trump’s records before a judge in New York state Supreme Court last Monday by citing reports of “extensive and protracted criminal conduct at the Truomp Organization.”. Continue reading.

Trump’s Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry

New York Times logoThe subpoena, sent to Deutsche Bank, suggests that the inquiry into President Trump’s business practices is more wide-ranging than previously known.

The New York prosecutors who are seeking President Trump’s tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump’s business practices is more wide-ranging than previously known.

The Manhattan district attorney’s office issued the subpoena last year to Deutsche Bank, which has been Mr. Trump’s primary lender since the late 1990s, seeking financial records that he and his company provided to the bank, according to four people familiar with the inquiry.

The criminal investigation initially appeared to be focused on hush-money payments made in 2016 to two women who have said they had affairs with Mr. Trump. Continue reading.

N.Y. regulators subpoena Trump’s insurance broker as probes of his campaign, White House and businesses multiply

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New York state regulators have subpoenaed President Trump’s insurance broker, following testimony from former Trump attorney Michael Cohen that Trump exaggerated his wealth to insurance companies.

That subpoena — acknowledged Tuesday by broker Aon PLC — signaled another line of inquiry into Trump’s private business, this time by New York’s Department of Financial Services.

“As is our policy, we intend to cooperate with all regulatory bodies,” Aon spokeswoman Donna Mirandola wrote in an email. She declined to answer further questions, saying, “We do not comment on specific client matters.”

View the complete March 5 article by David A. Fahrenthold, Rachael Bade and John Wagner on The Washington Post website here.