Allen Weisselberg, the former CFO of the Trump Organization, testifies that the former president gave false information on bank and insurance forms about the size of his Manhattan penthouse apartment. Lawyers on Jack Smith’s team ask the judge in the election interference case to make Trump reveal his defense strategy and seek to keep the identity of jurors secret.
New York financial fraud
Weisselberg concedes Trump inflated size of his Trump Tower penthouse on financial forms
Key players: Former Trump Org. chief financial officer Allen Weisselberg, Judge Arthur Engoron, New York Attorney General Letitia James
Weisselberg took the stand Tuesday in day six of the $250 million financial fraud trial of Trump, his adult sons and their family business and testified that Trump had grossly exaggerated the size of his penthouse apartment on financial statements made to banks and insurers, the Associated Press reported.
In October of 1994, Trump signed a document certifying the triplex apartment was 10,996 square feet. In 2012, however, he listed the apartment at 30,000 square feet, prosecutors said.
“I never even thought about the apartment,” Weisselberg testified, adding, “It was not something that was that important to me when looking at a $6 billion, $5 billion net worth.”
But after being admonished by Engoron, Weisselberg, who served 100 days in prison on tax evasion charges from his time working for Trump, eventually conceded that the actual square footage of the triplex...
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