Trump Organization's former Chief Financial Officer Allen Weisselberg arrives to the courtroom in New York, Tuesday, Nov. 15, 2022.
Trump Organization's former Chief Financial Officer Allen Weisselberg arrives to the courtroom in New York, Tuesday, Nov. 15, 2022.Seth Wenig/AP
  • Donald Trump's ex-CFO is a key witness in the tax fraud trial.

  • He teared up talking about his betrayal of Trump.

  • Allen Weisselberg is the ex-CFO of the company.

Donald Trump's ex-CFO teared up on the witness stand as he described his betrayal of the Trump family.

Did you honor the trust that was put in you? A Trump Organization defense lawyer asked a witness wistful questions.

The company's ex-CFO, Allen Weisselberg, had just finished describing on the witness stand his decadeslong relationship with the real-estate company he joined in 1973.

Weisselberg had just told jurors that the Trump Organization was a family.

He knew Donald Trump's children from when they were in elementary school.

Weisselberg's eyes got misty as he honored the Trumps' trust.

He said he didn't.

Is it possible that you betrayed the trust that was put in you?

He said he did.

Do you think you did it for your own benefit?

Weisselberg said that it was correct.

The Trump Organization has won all of the above.

Weisselberg is the Manhattan district attorney's witness, testifying about his role in a 15-year executive tax-dodge scheme.

His loyalties are also with Trump and the company.

Weisselberg's admitted tax frauds are different from the Trumps' at the top of the company ladder.

It is possible that emotional testimony will stick with jurors.

Do you feel embarrassed by what you did? Weisselberg was questioned by Futerfas.

He said that it was more than you could imagine.

Are you talking about ashamed?

He said it was very much so.

The lawyer wanted to know if he was okay. Do you want to take a break?

There was a lunch break.

The real-estate empire of Trump is on trial.

There is a chance that the company could face a maximum of $1.6 million in fines.

Prosecutors need to show that Weisselberg intended to benefit the company, not just himself, when he and the company controller hid millions of dollars in tax-free corporate benefits.

Weisselberg aided the lawyers for his family while on the stand.

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Weisselberg said yes.

Did you have any dealings with the Trumps? Futerfas wanted to know.

Weisselberg said no.

The lawyer wanted to know if you schemed with Mr. McConney.

Weisselberg said no.

Futerfas wanted to know if Weisselberg intended to benefit the company or anyone else.

The lawyer wanted to know if your purpose was to get pre-tax dollars.

Weisselberg said that it was correct.

The trial has been going on for four weeks and is at its half-way point. The testimony of Weisselberg is expected to last through this week.

Business Insider has an article on it.