‘Unindicted Co-Conspirator #1’ Testified Before Grand Jury in Trump Org Indictments
One of the most senior officials in the Trump Organization has testified before a special grand jury empaneled by the Manhattan District Attorney’s office to hear evidence against former Donald Trump and his company, sources with direct knowledge of the matter told ABC News.
Jeff McConney is among a number of witnesses that have already appeared before the Special Grand Jury that will decide whether criminal charges are warranted against the former president, his company or any of its employees, the sources said.
McConney, who serves as a Senior Vice President and controller for the Trump Organization, is the first employee of the former guy’s company called to testify, and his testimony is a sign that prosecutors have burrowed deep into the company’s finances. Despite CFO Allen Weisselberg’s Not Guilty plea, Manhattan DA Cy Vance, Jr has been investigating his financial dealings — specifically, what fringe benefits he received from the Trumps in addition to his salary, and whether taxes were appropriately paid for any such compensation.
First identified in the unsealed indictments as “Unindicted Co-Conspirator #1”, McConney’s testimony joins that of Weisselberg’s former daughter-in-law, Jennifer Weisselberg, who has been interviewed by the district attorney’s office and has said she is willing to testify under oath as well.
WOW. Jennifer Weisselberg is now saying that the Trump Org CFO didn't flip on Trump and his company because Trump is holding improperly transferred funds between the Trump Org and Trump's presidential innaguaral funds over Weisselberg's head. 🔥pic.twitter.com/D8gHCUAH84
— Amee Vanderpool (@girlsreallyrule) June 30, 2021
One focus of the investigation includes whether Trump inflated the value of certain properties to obtain bank loans and deflated the value of those same properties to pay lower taxes. Vance has twice fought all the way to the U.S. Supreme Court to gain access to eight years’ worth of Trump’s personal and business tax returns.
Understand TRUMP's SIDE on Weisselberg. On a SINGLE tax fraud, his risk is SIMILAR size (5 yrs)
But Trump committed this SAME tax fraud ALSO for Ivanka, Don Jr, Eric, Jared, Melania, Michael Cohen, Calamari, McConney, Hope Hicks and HIMSELF
Trump exposure is more like 20-30 yrs https://t.co/OrHPX3mgcJ
— Tomi Ahonen Grand Larceny Truly Madly Bigly (@tomiahonen) July 1, 2021
[This is a developing story, please check back for updates]