Weisselberg, Trump Organization CFO Leaves Trump’s Scotland Golf Business After Tax Crimes Charge

 

 

Allen Weisselberg, the chief financial officer (CFO) of Trump Organization, has quit his directorship at Donald Trump’s golf club in Scotland. According to a filing on Thursday, the 73-year-old CFO was terminated as a director of Trump International Golf Club, Scotland. The filing said that he no longer had “significant control” of the club. He has quit the post a week after the Manhattan District Attorney’s (DA) office pressed tax crime charges against him and the Trump Organization; both of whom pleaded not guilty.

 

Eric Trump and Donald Trump Jr. remain as directors of the holding company which owns a golf resort in Aberdeenshire and the International Golf Links. Only Weisselberg’s name has been removed as per  Companies House, which is the registry of private companies in the U.K. When asked for comment on the termination, there was no response from Weisselberg’s attorneys and the Trump Organization.

 

This is the first position from which the CFO, who was a director from 2006, has stepped out after being indicted on 15 counts. It was reported that he hid an amount of $1.76 million from tax authorities mainly as rent-free accommodation, luxury car leases, private tuition for grandchildren and more.

 

Weisselberg has remained a loyal Trump employee from decades. He began working for Trump’s father Fred. He continued to work for the Trumps and their organization, working with the third generation —  Donald Trump’s sons when Trump became the President.

 

The Manhattan DA’s office has allegedly made repeated attempts to turn the loyal Trump employee as he would be a treasure trove of information though the office remained unsuccessful to date. However, this recent step down brings a lot of questions on why the move to terminate Weisselberg was made?

 

Speculations are rife on whether officials have managed to get a breakthrough or whether the Trump Organization made the move as part of some future strategy.

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