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. — Jeff McConney, Trump Organization controller and Weisselberg's second-in-command
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. — Jeff McConney, Trump Organization controller and Weisselberg's second-in-command
Trump Organization official who reportedly testified for prosecutors previously said Trump misused charity funds
  • The Trump Org. controller said Donald Trump misused charity funds in 2017 testimony unearthed by The Daily Beast.
  • The controller, Jeff McConney, reportedly testified for the Manhattan DA's ongoing investigation.
  • The DA's office is expected to bring additional charges in the criminal investigation.
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.

... 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."
Read the full article: https://www.businessinsider.com/jeff-mcconney-testified-donald-trump-misused-charity-funds-report-2021-7