Former Trump Organization Controller Testifies Emotional Reasons Behind Retirement Amid Ongoing Fraud Trial

Former Trump Organization controller, Jeffrey McConney, took the stand at the civil fraud trial in New York, revealing his emotional departure from the company after nearly four decades of service. In a poignant moment during questioning by his lawyer, McConney appeared to choke up, citing the multitude of investigations zeroing in on the organization as the reason for his retirement earlier this year. Expressing love for the company’s work spanning 35 years, he detailed being subpoenaed by various federal agencies, including the Southern District of New York, and testifying before a grand jury, marking a turbulent period before his retirement in February.

McConney’s testimony shed light on his deep attachment to the Trump Organization, likening his relationship with the company and its accountants to that of a family. He spoke fondly of his long-standing association with the lead outside accountant, emphasizing a bond that extended beyond business dealings, often meeting for meals over their decades-long professional relationship. Despite the ongoing trial and allegations of a decade-long fraud scheme amounting to $250 million in benefits, McConney expressed pride in his work, asserting that numbers failed to fully represent the assets’ worth.

Under cross-examination, McConney faced scrutiny regarding the attribution of handwritten notes in financial statements related to accounting principles and valuation methodologies. Admitting memory lapses in prior testimony, McConney denied attributing those notes to accountants, altering the narrative from his earlier statements. Both McConney and the Trumps have vehemently denied the allegations of fraud, with former President Donald Trump attributing the legal action to political motivations, as the trial, which commenced on October 2, is expected to extend through mid-December.

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