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top40 weiselberg trump #1 8-25-18 News
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IT40

#1 Allen Weisselberg, Trump Organization CFO, Granted Immunity In Cohen Investigation

Allen Weisselberg, the chief financial officer of the Trump Organization, has been granted immunity in federal prosecutors’ investigation into President Donald Trump’s former personal attorney Michael Cohen, The Wall Street Journal and other news outlets reported Friday.

Cohen pleaded guilty Tuesday to violating campaign finance laws at Trump’s direction, when he made payments to prevent the stories of Stormy Daniels and Karen McDougal, two women alleging they had extramarital affairs with Trump, from going public during Trump’s 2016 presidential campaign. 

Weisselberg was subpoenaed in the investigation last month. According to The Wall Street Journal, it is unclear if Weisselberg testified as to whether Trump himself knew about the payments.

On Thursday, David Pecker, the CEO of the company that owns the tabloid the National Enquirer, was also granted immunity in the investigation. In a practice known as “catch and kill,” Pecker allegedly helped Cohen suppress potentially damaging stories about Trump.

No one knows Trump’s finances better than Weisselberg. Aside from Trump himself, Weisselberg is the longest-serving employee of the Trump Organization. He has worked for the company since the 1970s, beginning as an accountant with Fred Trump, the president’s father, and working his way up to chief financial officer.

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