Prosecutors insist that evidence shows Donald Trump was aware of a scheme that his Trump Organization’s executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks.
Trump has denied knowing that Weisselberg and other executives were dodging taxes, writing on his Truth Social platform this week: “There was no gain for ‘Trump,’ and we had no knowledge of it.”
But Steinglass’ sudden focus on Trump’s knowledge of the scheme, right as the Trump company’s trial was ambling to a conclusion, begged the question: Why wasn't he charged, too? Prosecutors argue that the company is liable because Weisselberg and an underling he worked with on the scheme, controller Jeffrey McConney, were “high managerial” agents entrusted to act on behalf of the company and its various entities. If convicted, the company could be fined more than $1 million.
Weisselberg testified that Trump didn’t know, but that the Trump Organization did derive some benefit because it didn’t have to pay him as much in actual salary. Van der Veen peppered his summation Thursday with the defense’s mantra: “Weisselberg did it for Weisselberg.” “This is all part of the Trump executive compensation package: free cars for you, free cars for your wife, free apartments for you, free apartments for your kids,” Steinglass said. Barry Weisselberg, he quipped, “wasn’t living on a Zamboni in Wollman Rink. He was living in an apartment on Central Park South.”
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