Trump Organization CFO Allen Weisselberg, 73, is REMOVED from top positions after Trump blasts tax fraud charges

THE TRUMP Organization's chief financial officer, Allen Weisselberg, has been removed from upper-level positions at dozens of Trump subsidiaries.

Earlier this month, Weisselberg was indicted on tax fraud charges along with Trump Organization, although the former president was not charged himself.

Flordia State Department records show that the former CFO was removed from at least 28 Trump subsidiaries.

Weisselberg and his attorney have not commented on his removal, which was first reported by NBC News and the Wall Street Journal.

NBC News spoke with an insider who reported that Trump Organization took a "prudent corporate governance approach" in Weisselberg's removal, although his overarching role at the organization remains intact.

Weisselberg, 73, has worked with the Trump family since 1973, WSJ reported.


Earlier this month, former President Donald Trump claimed the indictment against his company was akin to a "communist dictatorship".

"It's reminiscent of a communist dictatorship targeting your political opponents," Trump said at a rally in Sarasota, Florida.

The Trump Organization and Weisselberg pleaded not guilty to the charges relating to a 15-year tax scheme that involved showering top company execs with apartments, cars, and prep school tuition.

Trump said at the July 3 rally: "Fabricating charges to try and silence them, abusing the justice system, and leaking out information on a daily basis in the press to engage in flagrant character assassination.

"Radical Left New York City and state prosecutors who have allowed crime to skyrocket … are now outrageously and shamefully continuing the greatest witch hunt. That's what they do. They go and target me."

Trump told the crowd in Florida: "The people who talk about democracy are literally destroying it before our very eyes."

He also accused prosecutors of "misconduct," calling their efforts "fascist and authoritarian" and likening it to "the kind of persecution … that you would see in a Third World nation."

Trump said it is "unprecedented, unheard of, and totally unacceptable in America for prosecutors to run for office on a promise to 'get' their political enemies."

    Source: Read Full Article