Allen Weisselberg, the Man Who Knows Donald Trump’s Financial Secrets, Has Agreed to Become a Coöperating Witness
n late 2016, I had lunch with a former high-ranking Trump Organization executive, a person who said he was happy to share dirt on his old boss, but who confessed to not having much dirt to share. This executive wrote a list of people whom I might contact to find out about anything potentially illegal or unethical that Donald Trump may have done. At the bottom of the list was the name Weisselberg. “Allen is the one guy who knows everything,” the person told me. “He’ll never talk to you.” I have had nearly identical conversations with different people who work or have worked for the Trump Organization many times since. They all described his role similarly: Allen Weisselberg, the firm’s longtime chief financial officer, is the center, the person in the company who knows more than anyone.
.. It is safe to say that the entire world of Trump watchers—those journalists, political folks, and advocates who carefully monitor every bit of Trump news—went bonkers. Weisselberg is the man to whom those people most want to speak. He is also the man who has, for decades, been the most circumspect.
.. “I’ve spoken to Allen Weisselberg about how to set the whole thing up,” Cohen explains to Trump.
It is difficult to hear the tape and not wonder how Weisselberg developed this particular expertise and whether he had deployed it before.
More importantly, it offers more justification for Robert Mueller and other federal, state, and local prosecutors to investigate the Trump Organization’s general business practices.
.. Weisselberg’s son Barry works at the Trump-run Wollman Skating Rink, in Central Park; his other son, Jack, works at Ladder Capital, which has been a primary lender to the Trump Organization in recent years, when few other lenders would work with a company that had experienced several bankruptcies.
.. Last month, the New York State Attorney General, Barbara Underwood, sued the Trump Foundation. Weisselberg had been deposed and showed a surprising willingness to give answers that put the President in an unflattering light.
.. In January, 2016, during Trump’s Presidential campaign, his foundation made a series of donations to veterans-advocacy organizations in Iowa that were explicitly designed to gain support for his candidacy.
.. Were Weisselberg eager to protect his longtime boss, he could have answered the questions far more narrowly. It was an early hint that Weisselberg, like Cohen, may not jeopardize his own freedom to defend Trump.
- .. There is, for example, a question about where Trump got more than two hundred million dollars in cash to buy and lavishly upgrade a money-losing golf course in Scotland.
- In a deal in Azerbaijan, Trump knowingly did business with a family that is widely suspected of laundering money for Iran’s Revolutionary Guard.
- The F.B.I. has reportedly investigated the source of funds for a Trump-branded property in Vancouver, Canada; while the Trump hotel in Toronto also has suspicious funding.
- Many of the key questions about Donald Trump revolve around his funding sources and his business partners: Did he knowingly receive funds from criminals? Did he launder money for criminals?
- Did he receive remuneration to look the other way when his partners broke the law?
- Was much of his business built around selling his famous name to make illegitimate projects seem viable?
Was much of his business built around selling his famous name to make illegitimate projects seem viable?
.. Weisselberg is a big fish—perhaps the biggest fish of all. Fearing that Weisselberg might implicate them in a crime, any cronies, dealmakers, attorneys, and others who might want to exchange information for leniency from prosecutors, will now do so.
.. With Cohen and, now, Weisselberg providing information, it is becoming increasingly certain that the American people will—sooner or later—have a far fuller understanding of how Donald Trump conducted business. That is unlikely to go well for him.