Trump Tower (Image: Wikimedia)
New York prosecutors are investigating Barry and Jack Weisselberg, sons of Trump Organization Inc.’s chief financial officer Allen Weisselberg. Manhattan District Attorney Cyrus Vance’s office is currently looking into Barry’s role in managing two New York ice rinks and a Central Park carousel. They are also examining Jack’s commercial real estate dealings.
Though Vance’s office is investigating the sons’ transactions, prosecutors are largely interested in their father’s dealings. Prosecutors are hoping to incentivize the CFO to cooperate in their investigation by examining his sons’ business dealings.
Vance’s investigation originally focused on Weisselberg’s reimbursement of payments made by Michael Cohen, former attorney to Donald Trump, to women alleging they had affairs with the former president. That investigation resulted in Cohen receiving a three-year sentence for campaign-finance violations. Weisselberg was granted limited immunity.
Prosecutors have now expanded their investigation to look into the company’s dealings with other businesses such as Deutsche Bank and Ladder Capital.
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Vance’s office recently obtained eight years’ worth of Trump and his company’s tax records.
So far, none of the parties involved have been accused of wrongdoing. The Trump organization has not commented on the matter. Additionally, Mary Mulligan, Allen Weisselberg’s lawyer, has remained silent.
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