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Allen Weisselberg says he got $200K raise after Trump kids discovered his tax fraud

Donald Trump’s kids gave Allen Weisselberg a whopping $200,000 raise — instead of punishing him — after discovering his shady tax practices, the ex-Trump Organization CFO told jurors Friday.

Eric and Donald Trump Jr. in 2017 learned Weisselberg, 75, and two other top execs had been getting cushy perks that they didn’t report on their taxes – yet nobody was penalized, Weisselberg testified at the Manhattan Supreme Court tax fraud trial against the Trump Org.

The sons learned of the tax cheating during a “cleanup process” the company underwent with tax auditors when Trump took office as president, Weisselberg said.

When prosecutor Susan Hoffinger asked the longtime chief financial officer if the Trump Org demoted or punished him in light of the discovery, he said no.

“Were you in fact given a raise … that totaled approximately $200,000?” Hoffinger asked.

Allen Weisselberg is pictured leaving Manhattan Supreme Court.
Ex-Trump Org CFO Allen Weisselberg said he wasn’t punished but rather received a $200,000 pay raise after Trump’s kids discovered his tax fraud.
Getty Images

“Correct,” Weisselberg replied on his final day of testimony.

In August, Weisselberg pleaded guilty to accepting $1.7 million in “off the books” benefits from the company – including school tuition payments for his grandkids, free rent for an Upper West Side apartment and luxury cars. He’s expected to receive a five-month prison sentence in exchange for his testimony as the star prosecution witness.

He is currently on paid leave and collected over $1 million including salary and bonus this year, he told the jury.

Allen Weisselberg stands behind Donald Trump.
Weisselberg said that Eric and Donald Trump Jr. discovered his tax cheating in 2017 but he wasn’t punished.
REUTERS

On Thursday, Weisselberg choked up as he testified about being ashamed of having broken the Trump family’s trust.

“It was my own personal greed that led to this case,” he said.

Prosecutors say the Trump Org helped the top managers cheat on their income taxes for 15 years by falsifying reports to the government about their pay and compensation.

But Trump Org lawyers counter the company didn’t know about the scheme — and place all the blame on Weisselberg.

Donald Trump Jr., Ivanka Trump and Eric Trump are seen clapping at a political event.
Trump and his kids are not charged in the tax fraud case against the Trump Org.
Joe Raedle/Getty Images

Trump and his children haven’t been charged in the case and aren’t accused of wrongdoing. The Trump Org has pleaded not guilty and faces up to $1.6 million in fines if found guilty.

Forensic accountant Wayman Tang — the second witness Friday — told jurors between 2005 through 2017 Trump and the company paid Weisselberg nearly $200,000 for cars and driving expenses, including for a Mercedes Benz.

During the same time period, Weisselberg received $360,000 from the company for private school tuition to Columbia Grammar and Preparatory School, Tang testified.

While raking in a hefty salary and the perks, Weisselberg received tax refunds to the tune of $133,000 between 2009 and 2018, Tang told the jury.

With Post wires

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