Trump Organization chief financial officer Allen Weisselberg, who was indicted for tax crimes along with the Trump Organization itself last week, has been terminated as a director of one of ex-President Donald Trump’s golf clubs.
Who terminated him? Is this the Trump Organization’s doing? Or is it some aspect of UK law that prevents an indicted person from holding such a position?
The trump Organization is a series of interlocked LLCs and LLPs—basically a weird amalgam of mom-and-pop style companies and supporting businesses.
It’s all designed to be as opaque as possible and to limit trump’s personal liability.
Indeed. What about the UK resort and/or UK laws means that Weissleberg is forced to take this step?
There were previous calls in the Scottish parliament for the resort to be investigated for a “unexplained wealth order”. I wonder if this move is related to that.
Yes, but are they all headed by different people? I thought that the separate entity was an “on paper” thing with everything decided by a wink and a nod from you know who. It seems odd to be removed from one golf course. I think @wintermoon is asking the right questions. Is this a sign that they are going to slowly let him take the fall or something the greater organization had no control over? I would think that a show of support for Weisselberg would be crucial to keep him from flipping.
His removal comes as Scottish lawmakers and Avaaz, a global do-gooder organization, are pushing for an “unexplained wealth” inquiry into how Trump got the money to buy and refurbish both of his money-losing Scottish golf courses.
A 2018 British law lets investigators examine company and personal financial records to determine sources of money and riches that they deem suspicious. It’s been called the McMafia law.
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There are only two ways Weisselberg could be removed as a director of the Trump International Golf Club Scotland, Ltd. Weisselberg could have done so on his own. In that case, his lawyers may have advised him to do so for reasons not yet clear.
The other way would have been on orders from Donald Trump and executed through his sons Don Jr. and Eric, who remain as the only directors. That, too, may indicate a criminal defense strategic move. Since Weisselberg remains on the Trump Organization payroll it almost certainly does not suggest a split between the interests of Weisselberg and his boss.
The move suggests that Trump may be trying to make sure only he and his family members exercise any legal control over the Trump Organization.
Trump-managed properties need to have an independent audit of their books for payments to suspicious consultants and vendors providing opaque services.