Report: Manhattan prosecutors subpoena bank records of Trump Organization CFO


New York state prosecutors in Manhattan investigating former President Donald Trump and the Trump Organization's finances have subpoenaed the bank records of Allen Weisselberg, the company's chief financial officer, The New York Times reports.
Several people with knowledge of the matter told the Times that prosecutors are also looking into gifts Weisselberg and his family received from Trump, including an apartment in New York City, and it appears this extra scrutiny may be part of an effort to get Weisselberg to cooperate with investigators. Weisselberg, 73, has worked at the Trump Organization for several decades, starting when Trump's late father, Fred Trump, ran the company. He has not been charged with any wrongdoing.
The investigation began with prosecutors looking into the Trump Organization's role in making hush money payments to two women who said they had extramarital affairs with Trump. Michael Cohen, Trump's former personal lawyer and fixer, made a $130,000 payment to one of the women, porn actress Stormy Daniels, and said Weisselberg helped come up with the plan to have the Trump Organization reimburse Cohen.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The probe now has several facets, with investigators also looking into whether the Trump Organization has falsely reported property values in order to get loans and tax breaks. Several banks that work with Trump and the Trump Organization, including Capitol One and JPMorgan Chase, have reportedly turned their records over to prosecutors, who also obtained Trump's tax information in February.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
What are VPNs and how do they work?
The Explainer UK sees surge in use of virtual private networks after age verification comes into effect for online adult content
-
Why is it so hard to find an 'eligible' man?
In the Spotlight The lack of college-educated suitors is forcing women to 'marry down'
-
Quiz of The Week: 26 July – 1 August
Have you been paying attention to The Week's news?
-
Thailand, Cambodia agree to ceasefire in border fight
Speed Read At least 38 people were killed and more than 300,000 displaced in the recent violence
-
Israel 'pauses' Gaza military activity as aid outcry grows
Speed Read The World Health Organization said malnutrition has reached 'alarming levels' in Gaza
-
US and EU reach trade deal
Speed Read Trump's meeting with European Commission President Ursula von der Leyen resulted in a tariff agreement that will avert a transatlantic trade war
-
At least 12 dead in Thai-Cambodian clashes
Speed Read Both countries accused the other of firing first
-
US and Japan strike trade deal
Speed Read Trump signed what he's calling the 'largest deal ever made'
-
28 nations condemn Israel's 'inhumane killing' in Gaza
Speed Read Countries including Australia, France, Japan and the U.K. have released a joint statement condemning Israel's ongoing attacks
-
Israeli gunfire kills dozens at Gaza aid site
Speed Read The U.N. estimates that at least 875 Palestinians have died while trying to access food in recent months
-
Rubio says US brokered end to Syria conflict
Speed Read Syria's defense ministry was targeted in Israeli attacks on the capital