Jeffrey McConney, the former controller of the Trump Organization, revealed during the ongoing civil fraud trial in New York that he retired from the company due to the numerous investigations it has faced. McConney expressed his love for the company and his pride in his 35 years of work there. He mentioned being subpoenaed by various agencies, including federal investigators from the Southern District of New York and the state’s attorney general. Although he failed to mention his testimony in the company’s criminal fraud trial, it is worth noting that he is a defendant in the state’s civil suit. The suit accuses McConney, former President Donald Trump, Trump’s sons, and the Trump Organization of participating in a decade-long fraud scheme that resulted in $250 million in benefits. McConney retired in February and stated that he wanted to relax and stop being accused of misrepresenting assets for the company he loved. He also described his close relationship with the company’s lead outside accountant, whom he considered a friend. McConney emphasized that he feels proud and justified in his actions, believing that the numbers do not fully represent the worth of the assets. During his testimony, he admitted to prior incorrect recollections and denied any involvement in fraud, a sentiment echoed by the Trumps. The trial, which began on October 2, is expected to continue until mid-December.
- November 16, 2023
Apple’s Black Friday promotion is set to begin on November 24, 2023, and the company has announced that it will once again be offering gift […]
- November 6, 2023
If you or someone you know may be struggling with thoughts of suicide, call 988 to reach the Suicide and Crisis Lifeline, which offers services […]
- November 18, 2023
In a surprising turn of events, Sam Altman, the billionaire and AI evangelist, has been removed from his CEO position at OpenAI by the company’s […]