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Allen Weisselberg, chief financial officer for the Trump Organization, granted immunity in investigation

Trump Tower in New York in March 2016.
(Mark Lennihan / Associated Press)
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Washington Post

Allen Weisselberg, the chief financial officer for the Trump Organization, has been granted immunity by federal investigators to testify about his role in payments to reimburse President Trump’s lawyer for hush money he paid to an adult film star, according to people familiar with the discussions.

Weisselberg was one of the executives who helped arrange $420,000 in payments to longtime Trump attorney Michael Cohen.

Weisselberg is the person identified in court filings as “Executive-1,” who prosecutors said helped authorize the payments to Cohen, one person said. He testified before a grand jury investigating Cohen last month.

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In addition to being the longtime CFO of the Trump Organization, Weisselberg is also one of two trustees of the trust that controls the president’s assets.

The Wall Street Journal first reported Weisselberg’s immunity deal.

On Tuesday, Cohen pleaded guilty to eight felonies, including two counts related to hush money to women who alleged affairs with Trump. He admitted he violated campaign finance law by helping provide Trump’s campaign excessive and illegal contributions.

According to court filings, Cohen in early 2017 submitted an invoice to Weisselberg seeking to be repaid for legal expenses and payments he said he made on Trump’s behalf.

Among the expenses for which he was seeking reimbursement: $130,000 that he paid to adult film star Stormy Daniels to keep her quiet about an alleged sexual encounter with Trump.

Weisselberg, working with another Trump Organization executive, approved paying Cohen a total of $420,000. Weisselberg did not know what $130,000 of the payments was for, according to one person familiar with the situation, and approved it because of Cohen’s longstanding role as counsel to Trump.

In February 2017, Weisselberg forwarded an email from Cohen to another Trump Organization executive, writing, “Please pay from the Trust. Post to legal expenses. Put ‘retainer for the months of January and February 2017’ in the description,” according to court filings.

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In fact, prosecutors say Cohen had no retainer agreement with the Trump Organization at the time and he had performed no legal services for the company.

Weisselberg has worked as chief financial officer for Donald Trump’s companies since 2000. He got his start in the family business by working as an accountant for Trump’s father and real estate magnate Fred Trump in the 1970s. He also served as treasurer of the Donald J. Trump Foundation and has long handled the Trump family personal expenses.

The Washington Post’s David A. Fahrenthold contributed to this report.

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