Manhattan prosecutors are reportedly investigating if Trump paid tuition of CFO's grandkids

Trump.
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Prosecutors with Manhattan District Attorney Cyrus Vance Jr.'s office have subpoenaed a Manhattan private school to see whether the Trump Organization paid the tuition of longtime financial chief Allen Weisselberg's grandchildren, The Wall Street Journal reports, citing people familiar with the matter. If former President Donald Trump's business paid the tuition, it would be considered taxable income, tax experts told the Journal, and if that income wasn't reported to tax authorities, it could constitute tax fraud.

Vance's office is trying to gain the cooperation of Weisselberg as it tries to untangle the Trump Organization's byzantine financial records, according to multiple reports. Jennifer Weisselberg, who was married to Weisselberg's son Barry until their divorce, told the Journal that Trump or Allen Weisselberg signed checks for more than $500,000 to Columbia Grammar & Preparatory School to cover tuition for her and Barry's two children from 2012 to 2019. The couple understood the tuition payments to be part of Barry's Trump Organization compensation package, she added.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.