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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Org trial uncovers details about how bonus scams worked...
Excerpts from Bloomberg (paywall) via msn
Every December, the Trump Organization would cut a check to a mail room employee. In a good year, the check was for $5,975.... It didn't matter to the mail room guy. The money wasn't for him.
His job was to cash the check at a local bank, lug the bills back to Trump Tower, take the elevator to the 26th floor and hand the money over to Allen Weisselberg....
Weisselberg used the free cash to live large, saving the Trump Organization from paying taxes on it as well....
Evidence at the trial showed that until he became president, Trump himself signed every check over $2,500....
In 2011, (Comptroller Jeffrey) McConney himself collected a $20,000 year-end bonus from the skating rink Trump operated in Central Park...and $25,000 from the entity responsible for The Apprentice reality TV show.
More interesting details at the link
https://www.msn.com/en-us/news/politics/trump-organization-trial-uncovers-secrets-from-bonus-scams-to-his-and-hers-benzes/ar-AA153Rb4?ocid=msedgdhp&pc=U531&cvid=f1e9b76bc54246189fa929f6695d4c9a
chowder66
(9,074 posts)Thomas Hurt
(13,903 posts)TheBlackAdder
(28,209 posts)exboyfil
(17,864 posts)Leona Helmsley will always be remembered for one of the most arrogant statements ever uttered: "We don't pay taxes. Only the little people pay taxes."
Walleye
(31,030 posts)doc03
(35,355 posts)Micheal Cohan says Trump ran the operation. He said nothing gets done without Trump's knowledge. How do they find a company guilty of something when the company didn't any laws. The people running the company. did.
spinbaby
(15,090 posts)Some of you may remember the late Bob Murray of Murray Energy. My husband worked for a different company in the coal business at the time and it was common knowledge that Murray Energy would offer bonuses to its employees, then withhold the money via payroll deduction to be a Donation to Republican causes. Checks were then presented to Republican candidates at dinners employees were required to attend.