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Inside the years-long relationship between Trump and Allen Weisselberg, the Trump Organization’s top money man who may soon testify before Congress

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Inside the years-long relationship between Trump and Allen Weisselberg, the Trump Organization’s top money man who may soon testify before Congress

allen Weisselberg

President Donald Trump, Allen Weisselberg, and Donald Trump Jr. at Trump Tower in New York.

TIMOTHY A. CLARY/AFP/Getty Images

In his testimony to Congress on Wednesday, Michael Cohen named a key figure he said could shed light on the investigation into President Donald Trump’s finances and business dealings: Allen Weisselberg, the chief financial officer of the Trump Organization.

Weisselberg, an accountant who’s been involved with the Trump family since he did Fred Trump’s bookkeeping in the 1970s, is said to know more about the Trump Organization’s finances than anyone else.

He was granted immunity last year to testify before a grand jury in the Manhattan US attorney’s office’s investigation into several hush-money payments that Cohen facilitated during the election to women who said they have had affairs with Trump. Corey Lewandowski, who formerly worked with the Trump campaign, wrote in a book he coauthored that Weisselberg “knows of every dime that leaves the building.”

Cohen also told Congress this week that Weisselberg was directly involved in a financially fraudulent scheme to reimburse Cohen for the hush-money payments using false invoices.

“If there’s a suspicion that Trump mishandled his taxes or misrepresented his income for tax or loan purposes — anything related to his finances — Weisselberg is the guy who will know,” Patrick Cotter, a former longtime federal prosecutor, told INSIDER.

The 71-year-old will now be called to testify before the House Intelligence Committee, INSIDER reported, sparking speculation over what kind of information he could reveal.

Here’s a look at the yearslong relationship between Weisselberg and Trump.

Weisselberg has been involved with the Trump family since the 1970s.

From left: Eric Trump, Ivanka Trump, Donald Trump, Weisselberg, and Donald Trump Jr.

TIMOTHY A. CLARY/AFP/Getty Images

Source: Business Insider

Weisselberg started his career doing the books for Trump’s father, Fred Trump, for his many real-estate deals.

Fred Trump and Donald Trump.

AP/MediaPunch Standard

Source: The New York Times

In the late 1980s, he was working directly under Stephen Bollenbach, who was the Trump Organization’s chief financial officer at the time.

Stephen Bollenbach in New York City in 2009.

BEN GABBE/Patrick McMullan via Getty Images

Source: Business Insider

Weisselberg also served as treasurer of the Trump Foundation, which is set to be dissolved after a lawsuit from the New York attorney general’s office that alleged “persistently illegal conduct” involving the foundation for over a decade.

Trump presents a mock check from the Trump Foundation to a foundation that provides military veterans with service dogs in January 2016.

REUTERS/Rick Wilking/File Photo

Source: Business Insider

“Allen is the one guy who knows everything,” a former high-ranking Trump Organization executive told The New Yorker in 2016.

Weisselberg, Vice President Mike Pence, and Trump at Trump Tower in January 2017.

TIMOTHY A. CLARY/AFP/Getty Images

Source: Esquire, The New Yorker

Weisselberg is said to know more about the Trump Organization’s financial dealings than anyone. Trump trusted him to sign off on the details of some of the company’s biggest deals.

Trump stands with a model of a television and film production complex in New York in 1985.

Getty Images

Source: Bloomberg

In addition to his role as the money man for Trump’s business, Weisselberg also handled Trump’s personal accounts at times.

Trump at the “topping-off” ceremony at Trump Tower in NYC in 1982.

Getty Images

Source: CNN

In a secretly recorded conversation before the 2016 election, Cohen can also be heard telling Trump he consulted with Weisselberg on how to coordinate payments to the National Enquirer’s parent company, American Media Inc., to buy rights to a story about the former Playboy model Karen McDougal’s alleged affair with Trump.

Michael Cohen and Trump.

Jonathan Ernst/Reuters

Source: Business Insider

In August 2018, Weisselberg was granted immunity by federal prosecutors in exchange for grand-jury testimony. It’s unclear whether he will agree to appear before the House Intelligence Committee like Cohen.

Weisselberg.

Corey Sipkin/NY Daily News via Getty Images

Source: Business Insider

But many see Weisselberg to be the best positioned, as the Trump Organization’s bookkeeper, to help investigators unravel whether Trump or his family members committed financial crimes that have not yet come to light.


Joshua Roberts/Reuters

Source: Business Insider

“Weisselberg was there at the genesis,” Patrick Cotter, a former longtime federal prosecutor, said. “He knows this organization from the beginning. That’s a star cooperating witness to have. He has the inside perspective, more than Cohen, more than anyone else. If you’re Trump, that’s the guy you don’t want to cooperate.”


AP Photo/Evan Vucci

Source: Business Insider

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