Jack Weisselberg
Jack Weisselberg is a financier, based in New York City.[1]
He is the younger of the two sons of Allen Weisselberg, Donald Trump's Chief Financial Officer.[1] Journalists have speculated that the profits Weisselberg earned when he re-sold an apartment his father acquired from Trump may expose Trump and his father to tax fraud charges.[2]
Bloomberg News reports that Allen acquired an apartment in a Trump owned building in 2000.[1] Bloomberg reported the price Allen paid is not currently public knowledge, but a state property transfer tax of $610 implied he paid $152,000. Allen sold the apartment to Jack for $148,000, in 2003. In 2006 Jack sold the apartment for $570,000.
Bloomberg reported Jack joined Ladder Capitol.[1] Ladder Capitol subsequently loaned Trump $270 million.[3]
Commentators speculate that Prosecutor's plan is to use evidence implicating member of the Weisselberg family of tax fraud to negotiate plea deals where they agree to testify against Trump.[4]
References
- ↑ 1.0 1.1 1.2 1.3 Caleb Melby (2020-11-02). "Trump Perks for Weisselbergs Included Free Rent, Tax Preparer". Bloomberg News. Archived from the original on 2021-03-16. https://web.archive.org/web/20210316231114/https://www.bloomberg.com/news/articles/2020-11-02/trump-perks-for-weisselbergs-included-free-rent-tax-preparer. Retrieved 2021-03-19.
- ↑ Sarah Maslin Nir (2019-02-28). "Why Allen Weisselberg, Trump’s Money Man, Could Face Scrutiny Next". The New York Times: p. A1. Archived from the original on 2019-03-01. https://web.archive.org/web/20190301051455/https://www.nytimes.com/2019/02/28/nyregion/allen-weisselberg-facts-history.html. Retrieved 2021-03-19. "Jack has benefited in other ways: In 2000, his father purchased a one-bedroom apartment in the Trump Parc East building overlooking Central Park. It cost $152,500, which appears to have been purchased profoundly under market value, according to property records. He transferred the deed to his son Jack, according to property records, who flipped it for more than four times the original price in 2006."
- ↑ David A. Fahrenthold; Jonathan O'Connell; Shayna Jacobs; Tom Hamburger (2021-03-03). "In Trump probe, Manhattan district attorney puts pressure on his longtime chief financial officer". Washington Post. Archived from the original on 2021-03-13. https://web.archive.org/web/20210313034345/https://www.washingtonpost.com/politics/weisselberg-investigation-vance/2021/03/03/84a9f3d6-7c25-11eb-a976-c028a4215c78_story.html. Retrieved 2021-03-19. "This questioning is now led by a former mob prosecutor, and one person familiar with the investigation said it is aimed at “flipping” Weisselberg — attempting to turn one of Trump’s longest-serving and most important aides into a witness against him."
- ↑ Greg Farrell (2021-03-02). "Trump Investigators Ask About Longtime CFO Weisselberg’s Sons". Bloomberg News. Archived from the original on 2021-03-09. https://web.archive.org/web/20210309142226/https://www.bloomberg.com/news/articles/2021-03-02/trump-investigators-seek-info-about-cfo-weisselberg-s-sons. Retrieved 2021-03-19. "Investigators believe the CFO may have incentive to cooperate with Vance’s office if prosecutors begin to aggressively pursue leads about his sons, the people said."
- ↑ Sarah Jane Fox (2019-10-24). ""Am I his eyes and ears?": Trump's accountant, Allen Weisselberg, faces a loyalty test". Vanity Fair magazine. Archived from the original on 2019-10-25. https://web.archive.org/web/20191025154417/https://www.vanityfair.com/news/2019/10/trump-accountant-allen-weisselberg-faces-a-loyalty-test. Retrieved 2021-03-19.
