The value of lodging provided to [Allen] Weisselberg's family member constituted income to that family member, and the defendants were required to report that income and to pay withholding taxes on it to the federal, state, and local tax authorities. The defendants intentionally failed to do so. — New York prosecutors
The value of lodging provided to [Allen] Weisselberg's family member constituted income to that family member, and the defendants were required to report that income and to pay withholding taxes on it to the federal, state, and local tax authorities. The defendants intentionally failed to do so. — New York prosecutors
New York prosecutors have evidence that Allen Weisselberg's son also avoided taxes by living rent-free in Trump's apartment, report says
  • Prosecutors have evidence that Barry Weisselberg avoided taxes like his father, the Daily Beast reported.
  • Weisselberg's father Allen, the Trump Org. CFO, was charged with multiple tax crimes in July.
  • Prosecutors could use the threat of an indictment against his son to make Allen flip on Trump.
New York prosecutors investigating Donald Trump's sprawling business empire have evidence that the Trump Organization employee Barry Weisselberg avoided taxes by living rent-free in a luxury apartment owned by the former president, the Daily Beast reported Sunday.

Barry Weisselberg, the manager of Trump's Wollman ice rink in Central Park, is the son of Allen Weisselberg, the Trump Organization's CFO who was in July charged alongside the company with multiple tax crimes, including scheme to defraud and grand larceny.

Now prosecutors have evidence — delivered to them by Barry Weisselberg's ex-wife Jennifer — that he avoided paying taxes using similar methods, the Daily Beast reported.

According to the report, Jennifer Weisselberg — a cooperating witness — handed over a decade of tax returns and financial documents which showed that her ex-husband did not report all of his income and instead received corporate perks that should have been declared as taxable income.

Jennifer Weisselberg previously told Insider's Jacob Shamsian that the Trump Organization controlled employees by giving them houses and tuition instead of raises.


The news of prosecutors' evidence against Barry Weisselberg is significant because it raises the prospect that Allen Weisselberg could be pressured into flipping against Trump with the threat of an indictment against his son.

Three people familiar with the investigation told the Daily Beast that it was unclear if prosecutors were planning to use that tactic against Allen Weisselberg, who has reportedly refused to flip on Trump.

... The indictment described the younger Weisselberg's residence in a Trump-owned apartment in Central Park in 2018 as a "scheme to defraud federal, state, and local tax authorities."

"In 2018, Weisselberg's family member was allowed to occupy a different Trump-owned apartment on East 61st Street in Manhattan, with no reported rent at all," the indictment said.

"The value of lodging provided to [Allen] Weisselberg's family member constituted income to that family member, and the defendants were required to report that income and to pay withholding taxes on it to the federal, state, and local tax authorities. The defendants intentionally failed to do so."

Barry Weisselberg was not named specifically but he is the only person who fits the description as a male Weisselberg family member who worked for the Trump Organization, the Daily Beast reported.


Other corporate perks that prosecutors may be looking at include discounts on garage fees, and hundreds of thousands of dollars in school fees for Barry Weisselberg's children which were paid for using checks that Trump apparently signed himself, the report said.
Read the full article: https://www.businessinsider.com/prosecutors-have-evidence-barry-weisselberg-avoided-taxes-report-2021-8