The RNC paid more than $121,000 towards former President Donald Trump’s personal legal bills as he faces a criminal investigation in New York

Donald Trump speaks in front of an RNC sign and many American flags.
President Donald Trump speaks at Republican National Committee convention, Monday, Aug. 24, 2020, in Charlotte.

  • The RNC paid more than $121,000 toward Trump’s legal fees amid the criminal investigation in New York.
  • The Manhattan DA and New York AG are investigating Trump over his financial practices.
  • The party said “it is entirely appropriate” for the RNC to assist Trump by paying his legal fees.

The Republican National Committee put more than $121,000 of funding towards former President Donald Trump’s legal fees as he faces a criminal investigation over his financial practices in New York.

In October, the committee made two payments totaling $121,670 to the law firm of Ronald Fischetti, a criminal defense attorney Trump hired in April of this year amid the years-long investigation by the Manhattan District Attorney’s office into the Trump Organization and the former president’s business dealings.

One payment of $58,240 was made on October 6 and another payment of $63,430 was made on October 13, per FEC filings seen by Insider.

Though the party’s executive committee approved the payments in recent weeks, the requests for the legal funds came over the summer, a person familiar with the matter told The Washington Post.

In May of this year, Manhattan DA Cyrus Vance Jr. announced he was convening a grand jury as his office investigates whether the Trump Organization violated state tax laws “by keeping two sets of books — one for favorable tax and loan rates, and the other to pay little in taxes,” Insider’s Sonam Sheth and Jacob Shamsian reported.

The inquiry into Trump and his company’s finances is wide-ranging and has been underway for more than two years.

The office of New York Attorney General Letitia James is also investigating the Trump Organization’s finances, as well as the former president’s personal finances, to determine if the company falsely inflated the value of  Trump’s assets for the purpose of loans and tax benefits.

Another source familiar with the committee’s discussions regarding paying Trump’s legal bills told The Post that the RNC approved the decision because James had made past remarks targeting the former president.

The source added that the organization is not paying legal fees related to the probe looking at Trump’s role in the January 6 riot.

Representatives from Trump’s office, Fischetti’s law firm, and the RNC did not immediately return Insider’s request for comment.

“As a leader of our party, defending President Trump and his record of achievement is critical to the GOP,” the party said in a written statement to The Post. “It is entirely appropriate for the RNC to continue assisting in fighting back against the Democrats’ never-ending witch hunt and attacks on him.”

This isn’t the first time the RNC has footed the bill for Trump’s legal fees. In 2017, Trump used campaign funds and funding from the RNC to pay his legal bills amid the investigation into alleged Russian interference in the US election.

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New York shuts down 2 crypto firms for unlawful activities and investigates 3 others

New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021.
New York State Attorney General Letitia James.

  • New York ordered the shut down of two crypto lending platforms and directed the investigation of three others.
  • All firms, based on the announcement of NY Attorney General Letitia James, were unnamed.
  • “Cryptocurrency platforms must follow the law, just like everyone else,” James said.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

New York Attorney General Letitia James on Monday ordered the shutdown of two cryptocurrency lending platforms for “unlawful activities” and directed the investigation of three others.

All the firms were unnamed. The two platforms were instructed to cease all activities within 10 days from October 18 for “unlawfully selling or offering for sale securities and/or commodities” as required by New York’s Martin Act, which mandates offerers to register, the letter said.

Meanwhile, the three others were requested to give more information about how they operate, such as what they do with cryptocurrencies deposited in their platforms. Details should include all wallet addresses and entities that provide custody, according to a separate letter. The attorney general also sought clarification on whether the platforms accept fiat currency or accept tether as collateral.

“Cryptocurrency platforms must follow the law, just like everyone else,” James said in a statement. “My office is responsible for ensuring industry players do not take advantage of unsuspecting investors.”

She also discussed in detail the state’s Martin Act, which encompasses a broad list of instruments that should be declared as securities. This includes “any stocks, bonds, notes … or negotiable documents of title, or foreign currency orders, calls or options therefor hereinafter called security or securities.”

“The nature and function of the most common virtual currency lending products or services demonstrate that they fall squarely within any of several categories of ‘security’ under the Martin Act,” the statement said.

The state attorney general’s office has been ramping up its crackdown on virtual currencies. For instance, crypto-trading platform Coinseed in June announced it will close down after being sued by James in February for selling “worthless” tokens and moving investor money without permission.

Cryptocurrencies have been at the center of a tense period as global regulators bring their heads together on how best to increase oversight of the $2.6 billion industry.

Multiple efforts to rein in various products have been imposed. Still, the market capitalization of digital assets continues to balloon – now buoyed by an imminent bitcoin-futures exchange-traded fund poised to start trading this week.

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Meet Jeff McConney, Trump Organization CFO Allen Weisselberg’s right-hand man who has been quietly testifying in the Manhattan DA’s criminal probe

donald trump new york city 9/11
Former U.S. President Donald Trump in New York City.

  • Trump Organization executive Jeffrey McConney has testified twice for the grand jury investigating the company.
  • He’s the second-in-command to CFO Allen Weisselberg, who’s been charged with tax fraud.
  • McConney may be able to give prosecutors a better understanding of the company’s finances.

For months, prosecutors investigating the Trump Organization’s finances have struggled to get the cooperation of Allen Weisselberg, former President Donald Trump’s main money man.

But they have had success getting information from his second-in-command: Trump Organization controller Jeffrey McConney.

McConney has testified at least twice to a grand jury empaneled by the Manhattan District Attorney’s Office. The Manhattan prosecutors, along with the New York State Attorney General’s office, are investigating the Trump Organization’s finances and examining whether the company broke tax, insurance, or bank laws.

Prosecutors brought charges in July against the Trump Organization and Weisselberg, its CFO. Weisselberg and attorneys for the Trump Organization pleaded not guilty to the charges, and the special grand jury investigation remains ongoing.

Weisselberg has worked for former President Donald Trump’s company and family since 1973, and arguably knows more about Trump’s finances than anyone else on the planet.

Prosecutors have sought to “flip” Weisselberg into cooperating with the investigation. Several witnesses, including Michael Cohen and Jennifer Weisselberg, his former daughter-in-law, believe he ultimately will – if he hasn’t already. But there’s no public indication the executive is cooperating just yet.

McConney has worked for the Trump Organization since 1987, according to his LinkedIn profile, working closely with Weisselberg. In 2017, the CFO told investigators in the New York Attorney General’s office that he trusted McConney so much, he’d sign documents he prepared without even looking at them.

“Knowing that it went through Jeff McConney, who provided the original information, then he told me it’s okay to sign, I would go ahead and sign these things,” Weisselberg said in the interview.

McConney helps manage the Trump Organization’s finances

The 66-year-old McConney is a staunch Trump supporter by all accounts. He’s a “rank-and-file Republican voter” and sometimes wears Trump-branded neckties, according to The Daily Beast. His home in Marlboro, New Jersey, is a short drive away from Trump’s golf club in Colt’s Neck.

Barbara Res, who oversaw Trump Organization construction projects in the 1980s and 1990s – and who also thinks Weisselberg may flip – told Insider that McConney handled billing when they overlapped at the company.

“We were spending money, and someone had to go over what we were spending,” Res said.

McConney was eventually promoted to be the company’s controller and a senior vice president. In an interview he gave to state investigators in 2017, which was reviewed by the Daily Beast, he said his team oversaw paperwork for bank loans, tracked checks, maintained tax documents, and prepared Trump’s personal financial statements. McConney also helped prepare tax returns for the Trump family’s charity organization, Weisselberg told investigators in 2017.

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The Trump Organization’s Chief Financial Officer Allen Weisselberg in September.

Prosecutors obtained at least 6 million pages of evidence for its July indictment against the Trump Organization and Weisselberg. Much of that evidence consists of subpoenaed financial documents, which experts say include tax returns and preparation documents. McConney may be able to walk through those documents for grand jurors and prosecutors.

The interviews McConney and Weisselberg gave to the New York Attorney General’s Office were for an investigation into the Trump Foundation. The charity shuttered in 2019 after the investigation found that Trump used its funds to advance his political career and for his own personal gain.

McConney, who handled day-to-day matters for the foundation, told investigators that it wrongly used $120,000 in funds to pay fines and settle lawsuits on Trump’s behalf, according to The Daily Beast. He also said he regretted a $25,000 payment to a political campaign for Pam Bondi, who as Florida attorney general declined to investigate fraud claims against Trump University.

“Anything and everything that could go wrong did go wrong,” McConney said.

He has links to Trump’s 2016 campaign

According to Weisselberg, McConney jumped to help Trump’s campaign for president.

In January 2016, Weisselberg and McConney tagged along as Trump skipped a Republican debate and instead hosted a fundraiser for veterans’ charities.

“I asked Jeff McConney if he’d like to go with me. And he said sure,” Weisselberg told investigators in 2017. “So he grabbed the checkbook.”

donald trump iowa 2016
Republican presidential candidate Donald Trump speaks to veterans at Drake University on January 28, 2016 in Des Moines, Iowa.

McConney worked with Brad Parscale, then the digital director of Trump’s campaign, to set up a fundraising website. He also worked with Cory Lewandowski, Trump’s campaign manager at the time, to select charities to direct money to, emails obtained by investigators and reviewed by Insider show.

McConney’s son arguably gave Trump the biggest contribution of all: Instructions for using Twitter.

Justin McConney, who ran the Trump Organization’s social media between 2011 and 2017, recalled in an interview with Politico how he encouraged Trump to use the app.

“The moment I found out Trump could tweet himself was comparable to the moment in ‘Jurassic Park’ when Dr. Grant realized that velociraptors could open doors,” the younger McConney said. “I was like, ‘Oh no.'”

McConney testified twice for the Manhattan grand jury, and is reportedly referenced in charging documents

Prosecutors brought McConney to testify for grand jurors twice, in July and September.

At least one of those times, according to disclosures from the Manhattan District Attorney’s Office, McConney had complied with a subpoena. The Trump Organization previously asked courts to block prosecutors’ subpoenas, including for documentation related to McConney’s work, but the Supreme Court ruled in February that it had to comply.

Under New York state law, witnesses who are subpoenaed to testify in front of grand juries automatically receive “transactional immunity,” which blocks prosecutions for crimes related to the activity they testify about. However, if McConney came to a cooperation agreement with prosecutors prior to being subpoenaed, they may still be able to bring charges against him.

Patricia Pileggi, an attorney representing McConney, didn’t respond to Insider’s requests for comment.

donald trump jr allen weisselberg
Donald Trump, Allen Weisselberg, and Donald Trump Jr. in 2017.

Prosecutors also appeared to reference McConney in their July indictment. “Unindicted Co-Conspirator #1” – who according to the Wall Street Journal is McConney“agreed to and implemented” a compensation scheme that prosecutors allege underreported Weisselberg’s income and allowed him to avoid certain taxes.

McConney also reportedly made an appearance in 2017 charging documents federal prosecutors in New York brought against Cohen. In 2016 Cohen, who at the time worked as a lawyer for the Trump Organization and for Trump personally, paid off two women who said they had affairs with the then-presidential candidate to ensure their silence ahead of the election.

Cohen pleaded guilty in 2018 to campaign finance charges for the payments to Stormy Daniels and Karen McDougal. Manhattan prosecutors are said to be examining whether the payments broke state-level campaign finance laws as well.

At least one of those payments were processed by two executives at the Trump Organization, federal prosecutors said in their indictment. One of them was Weisselberg, according to Cohen; the other, according to the Journal, was McConney.

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A newly revealed Allen Weisselberg interview sheds light on his close relationship to a witness in the Manhattan DA’s Trump Organization probe

donald trump jr allen weisselberg
Donald Trump, Allen Weisselberg, and Donald Trump Jr. in 2017.

  • A newly revealed interview with Trump Organization CFO Allen Weisselberg sheds light on his relationship with the company’s controller.
  • Weisselberg testified that he’d sign documents Jeffrey McConney prepped without even reading them, according to a transcript obtained by The Daily Beast.
  • McConney has testified in the Manhattan DA investigation that led to criminal charges against Weisselberg.

Trump Organization CFO Allen Weisselberg trusted his colleague Jeffrey McConney so much that he once said he’d sign whatever McConney put in front of him without bothering to read it.

Now McConney has testified in a Manhattan grand jury investigation that led to criminal charges against Weisselberg and the company. As the Trump Organization’s controller, he is the person most knowledgeable about the company’s finances, aside from Weisselberg himself.

Details about Weisselberg’s and McConney’s relationship emerged in an interview Weisselberg gave to the New York State Attorney General’s office in October 2017. The Daily Beast obtained a full transcript of the interview through a Freedom of Information Act request and published it Wednesday. Previously, only a portion of the transcript was publicly available in court filings.

The interview was taken as part of the New York AG’s investigation into how the Trump Foundation misused funds for former president Donald Trump’s personal use and to advance his political career. Weisselberg, who was the foundation’s treasurer, explained how it made donations and processed payments in the full transcript.

In the interview, representatives for the attorney general’s office pointed to papers with Weisselberg’s signatures. Weisselberg testified that he didn’t read several of those documents, but signed them anyway because McConney already reviewed them.

“Knowing that it went through Jeff McConney, who provided the original information, then he told me it’s okay to sign, I would go ahead and sign these things,” Weisselberg said in the interview.

Weisselberg said he and McConney had a shorthand way of working after years of being colleagues, and that the two didn’t have written policies in place for how to handle financial documents. In addition to his role at the Trump Organization, McConney also acted as an accountant for the Trump Foundation and helped build a website for a foundation fundraiser coordinated with the Trump campaign, Weisselberg testified.

McConney worked with a third-party tax firm for his Trump Foundation work, Weisselberg told the AG’s office. As treasurer for the purported charitable entity, Weisselberg ultimately signed off on whatever McConney put in front of him.

“Jeff McConney worked with me for a long time. He used to work for a CPA firm,” Weisselberg testified. “He knew exactly what they were requesting. And I relied upon him to do the right thing and give him the right information.”

Trump ultimately admitted to wrongdoing following the AG’s investigation in 2019. He was forced to dissolve the foundation and ordered to pay millions in fines.

Jeffrey McConney testified in another Trump investigation that’s still ongoing

Now Trump is dealing with a separate legal headache: The Manhattan District Attorney’s criminal investigation into his company, which is being conducted in collaboration with the state attorney general’s office.

The DA’s office filed indictments against the company and Weisselberg in July, accusing them of a wide-ranging scheme to evade taxes on income and benefits like apartments. Weisselberg and attorneys for the company pleaded not guilty to the charges.

McConney – who also testified for the AG’s Trump Foundation investigation – is a witness in the Manhattan DA’s ongoing investigation as well.

He has already testified before the grand jury empaneled by the DA’s office. According to the Wall Street Journal, he is also the is “Unindicted Co-Conspirator #1” referenced in the July indictment.

Prosecutors have attempted to “flip” Weisselberg into cooperating in their long-running investigation, which is also examining other issues with the Trump Organization’s finances.

Read the original article on Business Insider

Trump Organization official who reportedly testified for prosecutors previously said Trump misused charity funds

donald trump outside trump tower in nyc
Former U.S. President Donald Trump leaves Trump Tower in Manhattan on May 18, 2021 in New York City.

A high-ranking Trump Organization official gave testimony in 2017 that detailed how ex-President Donald Trump misused funds, according to a transcript of the deposition obtained by The Daily Beast.

That same employee, Jeff McConney, also reportedly testified before a Manhattan grand jury this year as part of an ongoing criminal investigation into the Trump Organization’s finances.

Earlier this month, Manhattan prosecutors announced a 15-count indictment against the Trump Organization and its CFO, Allen Weisselberg, alleging they took part in a yearslong tax evasion scheme. Both the company and Weisselberg pleaded not guilty to the charges.

The indictment did not include any charges related to the company’s or Trump’s personal charity work. But McConney’s testimony could inform future charges brought in the investigation.

The Manhattan District Attorney’s Office is working with the New York Attorney General’s Office, which took McConney’s 2017 deposition as part of a civil lawsuit against the Trump Foundation.

Read more: Trump and his advisors are shrugging off DOJ’s Capitol riot probe. But they see danger in the Georgia and New York investigations.

McConney is the Trump Organization’s controller and plays the role of Weisselberg’s second-in-command, according to people familiar with the company’s inner workings. In the 2017 deposition reviewed by the Daily Beast, McConney said Trump acted wrongfully in using more than $250,000 in donor funds to settle personal legal problems.

“I probably didn’t know at that time that we probably shouldn’t be using foundation funds for this type of thing… we made a mistake,” McConney told an investigator, as quoted by The Daily Beast.

McConney also addressed Trump’s donation to a PAC supporting former Florida Attorney General Pam Bondi, who declined to pursue an investigation into the scandal-ridden and now-defunct Trump University. The donation was not initially reported to the IRS.

“We found out we made the contribution to… a political organization as opposed to a charitable organization,” McConney said, as quoted by The Daily Beast. He added: “Anything and everything that could go wrong, did go wrong, with this one request.”

Bondi later became a staunch supporter of Trump during his presidency, defending him in his 2020 impeachment trial and pushing numerous voter fraud conspiracy theories.

The Trump Foundation settled the civil lawsuit with the New York Attorney General’s office in 2019, paying $2 million in restitution before dissolving. As part of the settlement, Trump and his children Ivanka, Eric, and Donald Jr., have all been barred from sitting on the board of New York state charities.

ABC News reported that McConney testified for the Manhattan grand jury in June. The grand jury is expected to last through at least November, and is reportedly examining whether employees of the Trump Organization took perks without paying the appropriate taxes on them; whether the company misrepresented property values for favorable tax, loan, and insurance rates; and if it broke state laws by facilitating a hush-money payment to adult film star Stormy Daniels.

The investigation appears to be focused on “flipping” Weisselberg into cooperating with prosecutors. The CFO has worked for the Trump Organization for 40 years, and has a vast knowledge of the company’s and the Trump family’s finances.

Read the original article on Business Insider

Trump Organization CFO Allen Weisselberg worried about prosecutors getting his financial documents in 2018, ex-daughter-in-law says

Jennifer Weisselberg
Trump Organization CFO’s ex-daughter-in-law Jennifer Weisselberg carries boxes of documents and a laptop giving to prosecutors outside her apartment in Manhattan, New York on April 8, 2021.

  • Allen Weisselberg took steps to avoid showing pay stubs as federal prosecutors investigated Michael Cohen, his ex-daughter-in-law says.
  • He struck an unusual rental agreement that’s now leading to her eviction, Jennifer Weisselberg said.
  • The Trump Organization CFO is now a key figure in the Manhattan DA’s probe of the company.
  • See more stories on Insider’s business page.

Trump Organization CFO Allen Weisselberg took measures to keep his financial documents from prosecutors examining the company’s practices as far back as 2018, according to his former daughter-in-law.

In a series of interviews with Insider, Jennifer Weisselberg described in detail how the Trump Organization’s chief financial officer, who is reportedly a target in the Manhattan District Attorney’s investigation into the company, made an unusual housing arrangement for her as she divorced his son, Barry. The arrangement allowed Allen Weisselberg to act as a guarantor on an Upper West Side apartment without showing any proof of income, she said.

Complications from that arrangement arose in recent weeks, as court records show her landlord is trying to evict her – a measure she claims is retaliation for her cooperation with prosecutors.

Allen Weisselberg’s arrangement has allowed her to live in an apartment building managed by one of his friends in the real estate business, she said. The friend, real estate mogul Lawrence Gluck, permitted her to live in the unit without requiring her or Allen Weisselberg to show any proof of income, she said.

Rental agreements typically require tenants and guarantors to show pay stubs or tax forms demonstrating income of at least 40 times the monthly rent amount. Jennifer Weisselberg said the arrangement allowed Allen Weisselberg to avoid showing pay stubs from the Trump Organization.

She also said she preferred to live in a different apartment building, but Allen Weisselberg forced her to live in that location because of Gluck’s closeness to himself and to now-former president Donald Trump.

“I found several other apartments,” Jennifer Weisselberg told Insider. “And he said, ‘No, you’re going to have to move. I called Larry Gluck, and because Donald and Larry and I have a long history of doing real estate together for decades. He’s going to allow me to be the guarantor without having to show any actual financial documents.'”

Allen Weisselberg took the measures to ensure no one would see Trump Organization payroll documents, she said.

An attorney for Allen Weisselberg declined to comment.

It’s “highly unusual” for a landlord to agree not to scrutinize a tenant and guarantor’s income to rent out an apartment, according to Samuel Himmelstein, a New York City-based tenant’s rights lawyer.

“I’ve never seen a situation where the landlord didn’t scrutinize the income of the guarantor in that situation,” Himmelstein said. “Because then he’d potentially have two people who weren’t able to cover the rent.”

The Trump Organization CFO was worried about federal prosecutors, according to Jennifer Weisselberg

Jennifer Weisselberg said the rental agreement was struck at a time when federal prosecutors in Manhattan were investigating Michael Cohen, who at the time was a Trump Organization executive and personal lawyer for Donald Trump.

The lease agreement was signed in October 2018 and has been renewed since then, contracts reviewed by Insider show.

Earlier that year, the US Attorney’s Office for the Southern District of New York raided Cohen’s office. Prosecutors ultimately secured a guilty plea on charges of tax evasion and campaign finance violations for a plot that involved Cohen using Trump Organization funds to pay off and silence Stormy Daniels, an adult film actress who said she had an affair with Trump. Trump was openly furious about the investigation and Cohen’s plea agreement.

Allen Weisselberg was worried about becoming ensnared in the investigation himself, his former daughter-in-law said.

“It’s because he didn’t want to share financials during the SDNY investigation,” Jennifer Weisselberg told Insider. “He doesn’t want them out there.”

michael cohen trump tower elevator
Michael Cohen in Trump Tower in 2016.

In sentencing memos filed that December, federal prosecutors made clear that Cohen acted at Trump’s direction. As president of the United States, Trump was immune from federal prosecution at the time. Since Trump left office in February of this year, neither federal prosecutors in Manhattan or any other division of the Justice Department have given any public indication that they seek to charge him in the case, as Insider’s C. Ryan Barber and Warren Rojas previously reported.

While federal prosecutors may be leaving the Trump Organization alone, Cohen’s comments and public testimony about how the Trump Organization handles its finances sparked multiple state-level investigations in New York.

Allen Weisselberg is now a key figure in those investigations. Prosecutors are seeking his cooperation and reportedly examining whether he should be charged with criminal conduct.

Allen Weisselberg is a key figure in Trump investigations in New York

The office of Manhattan District Attorney Cyrus Vance Jr. is in the end stages of an investigation into whether the company and Trump himself distorted property valuations in order to reap tax, loan, and insurance benefits. Those acts could lead to charges for tax, wire, and insurance fraud, legal experts say.

That investigation is running in tandem with a probe in the office of New York Attorney General Letitia James, which is examining many of the same issues. Vance’s office has empaneled a special grand jury and earlier this month reportedly heard testimony from Trump Organization controller Jeff McConney, who is said to work closely with Allen Weisselberg.

Allen Weisselberg has worked with the Trump family for more than 40 years, overseeing their personal finances in addition to his role as the Trump Organization’s CFO. Prosecutors have been seeking his cooperation to help guide them through the possibly hundreds of thousands of pages of financial documents they already subpoenaed from the company.

donald trump jr allen weisselberg
Donald Trump, Allen Weisselberg, and Donald Trump Jr. in 2017.

Jennifer Weisselberg has been cooperating with investigators from both offices since last fall. She’s given interviews with investigators several times, she said, and handed over “several boxes of documents” stemming from her divorce, which include financial documents related to the Trump Organization. She told Insider that prosecutors have asked her about how the Trump Organization and Allen Weisselberg operate, and have pressured family members in order to get Weisselberg to “flip.”

It’s not clear whether Allen Weisselberg has already agreed to cooperate with prosecutors, and whether he has been asked to testify in front of the grand jury. Prosecutors typically strive to secure a cooperation agreement with witnesses before calling them before a grand jury, so that the witnesses don’t receive immunity for their testimony.

Jennifer Weisselberg says her former father-in-law is behind an effort to evict her

The legal complications stemming from Jennifer and Allen Weisselberg’s unusual rent agreement have reached a new phase in recent weeks.

In early 2020, as the coronavirus pandemic struck, Jennifer Weisselberg said she lost her job managing musical theater acts and fell behind on rent payments for the apartment.

In November, Columbus Manor LLC, the entity that owns the Upper West Side apartment building, sued Jennifer and Allen Weisselberg and alleged they owed $54,450 in unpaid rent that had accrued since February 2020. The company is owned by Stellar Management, which is run by Lawrence Gluck.

Columbia Manor LLC withdrew the lawsuit on April 29, without Allen or Jennifer Weisselberg filing a response in court, records reviewed by Insider show. CBS News first reported on the existence of the lawsuit.

Donald Trump
Former President Donald Trump.

Jennifer Weisselberg told Insider that in April, her building manager told her that her back pay was “made whole.” She said the manager, Trevor Matwey, said the back pay was made by a law firm directly through Stellar Management and he could not produce a receipt for her. She told Insider that she believed Allen Weisselberg made the payment.

“They won’t show me proof that it’s been paid,” Jennifer Weisselberg told Insider. “Trevor Matwey in the management office said, ‘Jenn, you’re good to go. All of the back pay has been worked out. You’re good. You don’t owe anything.'”

After the lawsuit was withdrawn and believing her rent had been paid, she said she signed papers to renew her lease for May. But on May 18, Columbus Manor LLC filed a new lawsuit, naming only Jennifer Weisselberg as the defendant. The new lawsuit claimed that her lease expired on April 30, that “no renewal is required” for the lease, and that she should be evicted.

Jennifer Weisselberg told Insider that, because she believes the rent has been made whole, she should not be evicted from her apartment. She believes Allen Weisselberg is behind the eviction lawsuit from Stellar Management because she has cooperated with the investigations into the Trump Organization and spoken to the media about it.

jennifer weisselberg manhattan da investigator
A DA investigator carries boxes of documents and a laptop from Jennifer Weisselberg outside her apartment in Manhattan, New York on April 8, 2021.

The new lawsuit says that Jennifer Weisselberg should further owe the real estate company the agreed-upon $6,050 monthly rent for the apartment until she leaves the premises. It does not mention the $54,450 the company previously said she owed.

Columbia Manor LLC is seeking to evict Jennifer Weisselberg through an ejection order in New York state court. Himmelstein told Insider that landlords rarely file for eviction through that mechanism without also seeking back rent.

“Typically, the landlords seek possession of the apartment and they also seek the back rent,” Himmelstein said. “So is it unusual that they didn’t also sue for the back rent? Yes, that’s unusual.”

A representative for Gluck and Stellar Management said they would not comment on an individual tenant’s financial situation. Kevin Cullen, the attorney leading the eviction litigation against Jennifer Weisselberg, declined to comment. Matwey didn’t respond to requests for comment.

Jennifer Weisselberg told Insider that she expects to be able to remain in her apartment for now because of New York state’s eviction moratorium, which runs through September. She expects she’ll owe thousands of dollars more in legal fees to fight the lawsuit.

allen weisselberg mike pence and donald trump in trump tower 2017
Allen Weisselberg, Mike Pence, and Donald Trump in Trump Tower in 2017.

She said she has already liquidated part of her 401(k) to pay for ongoing civil litigation with her ex-husband over matrimonial disputes, which she believes Allen Weisselberg controls and finances. The attorney representing Barry Weisselberg in the case didn’t respond to Insider’s request for comment.

Jennifer Weisselberg said that the eviction is yet another way her former father-in-law has exerted control over her – and Barry’s – lives. In earlier interviews with Insider, she described how the Trump Organization arranged for the couple to receive perks like apartments and tuition payments in lieu of a regular salary to avoid taxes and influence their decisions.

“It’s so controlling,” she told Insider in March. “Because if you want to leave and make the same money – you live there. If you want to leave, where are you going to live?”

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Kodak’s CEO engaged in insider trading when he purchased stock in the company while negotiating with the White House for a $655 million loan, NY AG says

kodak
  • New York Attorney General Letitia James said Kodak CEO Jim Continenza engaged in insider trading last summer when he purchased 46,737 shares of the company.
  • The CEO made the purchase while he was leading secret discussions with the White House for a loan, James said. Public news of the loan sent the stock soaring.
  • Kodak said Continenza was not in possession of material non-public information, and he has never sold a share.
  • Sign up here our daily newsletter, 10 Things Before the Opening Bell.

The CEO of Kodak unlawfully traded stock in the company while negotiating a confidential $655 million loan with the White House in the beginning of the pandemic, New York Attorney General Letitia James said this week.

The AG said she filed a petition with the New York County State Supreme Court to have Kodak CEO Jim Continenza publicly testify about his purchase of 46,737 shares of Kodak early last summer.

Continenza made the purchase while he was leading secret discussions with the Trump White House and the federal government for a $655 million loan to enable Kodak to repurpose assets to purchase chemicals that would make COVID-19 medicines, James said.

“Just over a month after Continenza’s stock purchase, Kodak signed a public letter of interest with the federal government for the loan – which by then had grown to $765 million – causing Kodak stock to soar,” said James. “The day after the news was announced, Kodak’s stock price reached a high of $60 per share – more than 27 times what Continenza had paid for the stock mere weeks earlier. “

Kodak shares spiked as much as 2,190% in the two days after the loan announcement on July 28. Kodak also gained as much as 26% the day before information about the loan was made public.

In a public response to James, Kodak said Continenza was not in possession of material non-public information and his stock purchase was pre-approved by Kodak’s General Counsel in accordance with Kodak’s insider trading policy. The CEO has purchased Kodak stock in “virtually every open window period and has never sold a single share,” the company said.

“In addition to being wrong on the facts, the Attorney General’s novel and highly problematic legal theory that seeks to impose liability in the absence of intent would have a chilling effect on directors and executives of every public company, who could never invest in their own companies without fear of having good-faith decisions, pre-approved by counsel, second-guessed by regulators and charged as insider trading,” said Kodak.

However, James said that Continenza’s trading wasn’t in compliance with the policy.

“Kodak’s insider trading policy requires pre-clearance to be sought by email at least one day prior to the trading and for the requester to ‘receive’ a ‘response’ approving the trading – neither of which occurred,” the AG said.

Kodak disclosed James’ threatened lawsuit last month. James is the latest to investigate the Kodak loan. The US international Development Finance Corp reviewed the loan in 2020 but found no wrongdoing, according to the Wall Street Journal. The SEC also opened an investigation last summer that is ongoing, according to Kodak’s filings.

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Fake property evaluations and pressuring officials to ‘find’ votes: All the evidence piling up in the criminal probes of Trump

trump troubled
Donald Trump in September.

  • Investigations into Donald Trump’s finances and conduct in office may soon result in criminal charges.
  • New York prosecutors are investigating his taxes, and Georgia prosecutors his election influence.
  • Trump also faces legal risks from the January 6 Capitol riot and Rudy Giuliani’s Ukraine meddling.
  • See more stories on Insider’s business page.

Criminal probes into former President Donald Trump are heating up. The signs are everywhere.

Prosecutors from New York to Georgia are scrutinizing Trump’s conduct before he took office, as well as actions he took as president.

Manhattan District Attorney Cyrus Vance Jr. empaneled a grand jury that will reportedly be used for an investigation into whether Trump fudged his personal and company finances. The office of New York Attorney General Letitia James said its own investigation is now criminal in nature, and that it’s joining forces with Vance.

Trump reportedly faces two more grand jury investigations into whether he illegally pressured Georgia officials to rig the 2020 election results.

In addition, criminal investigations are underway into the insurrection at the US Capitol and Rudy Giuliani’s efforts in Ukraine to dig up dirt on Trump’s 2020 presidential election rival, Joe Biden. Both present potential legal risks for Trump, although there’s no evidence those prosecutors are currently targeting him.

Trump has dismissed all allegations against him – in the criminal probes as well as a litany of civil ones – as politically motivated.

Here’s a rundown of the evidence that’s been made public in each case so far, as well as clues to where the prosecution is headed.

Fudging finances

What did Trump do?

According to former Trump Organization executive Michael Cohen, the Trump Organization has maintained two sets of books when it comes to the company’s finances. One depicts a rosy financial portrait, with inflated property valuations, for favorable loan and insurance rates; another shows great debts and low property valuations, Cohen has said, in order to pay little or nothing in taxes.

Prosecutors in the Manhattan District Attorney’s Office and New York state Attorney General’s office appear to be examining whether Trump, the Trump Organization, or company executives broke state tax laws by misrepresenting the company’s finances. The offices are working with each other, and the precise scope of each investigation remains unclear – for example, Vance also may be examining whether Trump broke campaign finance laws when he asked Cohen to pay porn star Stormy Daniels with Trump Organization funds to keep quiet about their alleged affair.

Jennifer Weisselberg, a cooperating witness in both investigations, has told Insider that Trump kept a grip on his executives’ lives by giving them elaborate perks, like paying for apartments and their kids’ tuition, to ensure their loyalty. Those perks also may have run afoul of tax laws.

What have prosecutors done so far?

On Tuesday, the Washington Post reported that Vance’s office has empaneled a grand jury that will hear evidence and weigh charges for its investigation. The news followed an announcement from James’s office that its own investigation was criminal in nature.

Vance’s office has also secured landmark Supreme Court victories that gave it access to reams of financial documents, including tax returns.

Other recent moves from New York prosecutors appear to be focused on “flipping” Allen Weisselberg, the Trump Organization’s chief financial officer and personal bookkeeper of the Trump family. Weisselberg and his family members are being scrutinized in the probe, Jennifer Weisselberg, who is his former daughter-in-law, told Insider.

As the most knowledgeable person about Trump’s finances, Allen Weisselberg could guide prosecutors and a jury through the documents in Vance’s possession if he cooperates.

Pressuring officials to manipulate election results

What did Trump do?

On January 2, two months after Trump already lost the 2020 presidential election, including the electoral college votes in Georgia, Trump called Brad Raffensperger, the state’s top election official.

In the call, Trump falsely said he was the true winner of the election, that thousands of dead people voted, and spouted various other conspiracy theories about how the election was conducted. Trump told Raffensperger to “look very carefully” at shredded ballots, something that did not happen, said he wanted to “find 11,780 votes” and that Raffensperger should “work out on these numbers” and “come to a resolution.”

Brad Raffensperger
Georgia Secretary of State Brad Raffensperger.

In a separate phone call in December with Frances Watson, the lead elections investigator in Raffensperger’s office, Trump also leveled false accusations about Georgia’s election process and told her that “When the right answer comes out, you’ll be praised.”

What have prosecutors done so far?

Fanni Willis, the district attorney in Fulton County, which includes Atlanta, is examining whether Trump’s calls amounted to an illegal attempt to manipulate election results.

In a letter to state election officials, Willis said her investigation will assess “potential violations of Georgia election law prohibiting the solicitation of election fraud, the making of false statements to state and local government bodies, conspiracy, racketeering, violation of oath of office, and any involvement in violence of threats related to the election’s administration.”

In April, a local Fox affiliate reported that Willis was seeking subpoenas for her investigation through a grand jury.

Raffensperger is also conducting a separate, administrative investigation into Trump’s attempts to influence the election results in his state.

Telling supporters to ‘fight like hell’ ahead of the Capitol riot

What did Trump do?

Ahead of the insurrection at the US Capitol on January 6, Trump held a rally where he urged his supporters to “fight like hell” and “show strength” in reaction to members of Congress certifying the 2020 election results.

He told his supporters they were “allowed to go by very different rules” based on the false premise that the election was rigged.

GettyImages donald trump
President Donald Trump greets the crowd at the “Stop The Steal” Rally on January 06, 2021 in Washington, DC.

Trump’s speech led to his second impeachment in the House of Representatives, but 57 US senators voted to convict him, short of the two-thirds majority threshold needed.

What have prosecutors done so far?

Federal prosecutors already have arrested and charged more than 400 people they allege were involved in the riot.

Washington, DC Attorney General Karl Racine said his office was examining whether Trump could be charged with a misdemeanor for allegedly encouraging violence.

Legal experts say chances of success for such charges are unlikely, however.

Federal prosecutors in DC haven’t ruled out prosecuting Trump for his speech, but there’s been no evidence of an active investigation into his conduct.

Seeking to influence US policy from Ukraine

What did Trump do?

In 2018, Rudy Giuliani, then serving as Trump’s personal lawyer, trekked around Ukraine in a failed attempt to dig up dirt about now-President Joe Biden.

Part of his efforts involved the ouster of Marie Yovanovitch, the US’s former ambassador to Ukraine, who Giuliani appeared to believe stood in the way of Ukraine launching an investigation into Biden ahead of the 2020 election.

Trump’s own related efforts to get Ukraine to investigate Biden ahead of the 2020 election including a call to Ukrainian President Volodymyr Zelensky – led to his first impeachment, where the Republican-controlled Senate acquitted him.

At the time, Trump denied all wrongdoing regarding his attempts to pressure Ukraine’s president into investigating Biden.

Giuliani Trump
Former New York Mayor Rudy Giuliani and Donald Trump in September.

Federal prosecutors in Manhattan are investigating Giuliani’s conduct and have seized electronic communications from him. They may be examining whether his Ukraine meddling was done at Trump’s behest, though there’s no public indication that Trump himself is a subject of the probe.

What have prosecutors done so far?

The investigation into Giuliani stems from a separate case regarding two of his associates, Lev Parnas and Igor Fruman, who prosecutors say participated in illegal election finance schemes and tried to influence US-Ukraine relations.

In April, FBI agents raided Giuliani’s apartment and office and served a search warrant at the home of Victoria Toensing, another lawyer and Trump ally.

The exact scope of the investigation remains unclear, but prosecutors appear to be looking into whether Giuliani’s meddling in Ukraine amounts to a violation of foreign lobbying laws.

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Jennifer Weisselberg says the Trump Org. CFO, her former father-in-law, will flip on Trump in New York investigations

allen weisselberg donald trump
Allen Weisselberg, center, stands between President-elect Donald Trump, left, and Donald Trump Jr., at a news conference in the lobby of Trump Tower in New York on Jan. 11, 2017.

  • Jennifer Weisselberg said Allen Weisselberg, the CFO of the Trump Organization, will flip on Trump.
  • She is Allen Weisselberg’s ex-daughter-in-law, and was married to his son Barry.
  • Jennifer Weisselberg has also been cooperating with prosecutors who are investigating Trump.
  • See more stories on Insider’s business page.

Jennifer Weisselberg said Allen Weisselberg, her former father-in-law and the longtime chief financial officer of the Trump Organization, will flip on Donald Trump.

Weisselberg was speaking to CNN Thursday about the New York investigations into the Trump Organization and the former president. Interviewer Erin Burnett asked her directly: “Will Allen Weisselberg flip on Trump?”

She responded with a simple “yes,” prompting Burnett to note there was “no hesitation” with her answer.

Read more: Meet Donald Trump’s next nemeses: The 15 prosecutors and investigators from New York who are primed to pepper the ex-president with history-making civil and criminal probes

Weisselberg was married to Allen Weisselberg’s son, Barry Weisselberg, from 2014 to 2018. Trump and his wife attended their wedding and Weisselberg was also present at Trump’s inauguration. Since September she has been cooperating with prosecutors who are investigating Trump’s finances, and has turned over several boxes of documents and a laptop.

Trump is under two investigations in New York. The New York attorney general’s office announced Tuesday it is investigating the Trump Organization “in a criminal capacity,” as opposed to a civil one. The Manhattan district attorney’s office is also conducting a criminal investigation into whether the Trump Organization committed tax and insurance fraud, among other crimes.

Both offices are also looking into the taxes and personal finances of Allen Weisselberg with the hopes of gaining leverage that could convince him to cooperate with prosecutors in the Trump investigations, CNN reported Wednesday.

Meanwhile, Michael Cohen, Trump’s former lawyer and fixer, said that he believes Trump will be the one to turn on everyone else involved in the investigations into the Trump Organization, including his own children.

Weisselberg also told Burnett that while attending Trump’s inauguration in 2017 it felt “dangerous” for him to become president.

“The amount of power given to a president – I just think it’s irresponsible to give somebody who is self-serving and narcissistic that much power when it’s inevitably always to benefit themselves,” she said.

When asked why she is cooperating with prosecutors now, Weisselberg said it’s because “it’s so horrifying that Donald Trump could be president again, knowing what I know.”

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Top Mueller prosecutor says New York investigators are likely examining if the Trump Organization falsified tax records

Andrew Weissmann
Andrew Weissmann speaking to MSNBC on May 19, 2021.

  • Former Mueller prosecutor Andrew Weissmann analyzed the investigations into the Trump Organization.
  • He said investigators were likely focused on the possible falsification of business records.
  • New York AG Letitia James this week announced a criminal investigation into the company.
  • See more stories on Insider’s business page.

Andrew Weissmann, who served as a top prosecutor on Special Counsel Robert Mueller’s Russia investigation, has said that authorities probing the Trump Organization are likely focusing on whether business records were falsified.

In an Wednesday interview with MSNBC’s Lawrence O’Donnell, Weissmann discussed the Tuesday announcement by the New York Attorney General that its investigation into former President Donald Trump’s businesses was now criminal in nature.

The interview also followed reports that the New York Attorney General had opened a criminal tax investigation into Allen Weisselberg, the former chief financial officer of the Trump Organization.

CNN reported that the New York AG was looking into Weisselberg’s personal taxes, while the Manhattan District Attorney was focusing on his work at the Trump Organization, both in an attempt to find leverage that could convince him to cooperate with prosecutors.

“Allen Weisselberg is clearly in the sights of the Manhattan office and the New York attorney general because they clearly want him to flip,” Weissmann said Wednesday.

“So getting him [Weisselberg] to flip is important,” continued Weissmann, adding that the former CFO “faces two types of liability. He faces liability for the work he did as part of the Trump Organization, but also he could face liability with respect to his own personal taxes.”

“And, of course, there has been reporting of him receiving or being the beneficiary of substantial sums to pay for school tuition,” Weissmann said, referring to reports that investigators were examining whether Weisselberg or his family’s tuition payments allowed him to avoid paying taxes.

“And the issue is going to be how is that reported by the Trump Organization? How is that reported by Allen Weisselberg? How was it reported by others, and did they do the right thing?”

Weissmann then discussed the specific legal instruments prosecutors could use in the investigation.

“There is a tax statute and a false-statements statute in New York law that is quite broad and makes it a crime to submit falsified or have falsified business records, particularly if you’re doing that in aid of another crime,” he said.

“So, for example, if you have false Trump Organization business records and you’re doing that to aid in either a federal or state tax scheme, you can be charged with that very broad false-statements charge under New York law, and that is a felony.”

Weisselberg was the finance chief at the Trump Organization for 40 years, and has not formally been accused of any wrongdoing. Insider has contacted Weisselberg’s attorney for comment.

If the investigations resulted in criminal charges, Weissmann said he thinks Trump would likely say “that he was not aware of certain facts and certain valuations and blame underlings.”

The Trump family has claimed that the investigations were politically motivated and have denied any allegations of wrongdoing.

Weissmann served as a lead prosecutor on the Mueller investigation that wound up in 2019 declining to reach a judgment on whether Trump obstructed justice, and finding there was insufficient evidence to bring conspiracy charges against Trump. It also resulted in charges being filed against 34 people.

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