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Trump’s financial gatekeeper granted immunity in Cohen probe

Trump’s financial gatekeeper granted immunity in Cohen probe

President Trump’s bad week reportedly got worse Friday with the revelation that Allen Weisselberg — the Trump Organization’s longtime executive vice president and chief financial officer — was granted immunity by federal prosecutors.

Weisselberg provided information about Trump’s former personal lawyer and longtime fixer Michael Cohen, who pleaded guilty to eight criminal charges in federal court in Manhattan on Tuesday, the Wall Street Journal reported.

Weisselberg testified before a federal grand jury in the investigation earlier this year, the Journal had previously reported, citing sources familiar with the probe.

The decision by the Manhattan US Attorney’s Office to give immunity to Weisselberg significantly ramps up the pressure on Trump.

Allen Weisselberg in a season 2 episode of The Apprentice.
Allen Weisselberg in a season 2 episode of The Apprentice.The Apprentice/NBC

Weisselberg for years has been what the paper called Trump’s financial gatekeeper, and he took control of the president’s financial assets and business interests along with his sons Eric and Donald Jr. after the election.

The news came a day after it was revealed that David Pecker, CEO of American Media Inc., the company that publishes the National Enquirer, had also been granted immunity by federal prosecutors.

Pecker, a longtime pal of the president and a regular at Trump’s Mar-a-Lago resort in Palm Beach, reportedly told prosecutors about the roles Trump and Cohen played in paying off Stormy Daniels, the porn star, and Karen McDougal, a Playboy Playmate, so they would keep quiet about their alleged hookups with the then-reality TV star in 2006.

The same day Cohen pleaded guilty, Trump’s former campaign chairman, Paul Manafort, was convicted of eight counts of bank and tax fraud in federal court in Virginia.

Published at Fri, 24 Aug 2018 15:29:52 +0000