Former Executive VP of Trump Organization on indictments: ‘I’m sure there’s more’

On Cuomo Prime Time Thursday, former Trump Organization Executive Vice President Barbara Res weighed in on the charges against the Trump Org. and Chief Financial Officer Allen Weisselberg. Earlier in the day, the Trump Org. and Weiselberg were charged with 15 felonies, including tax fraud and grand larceny. Res thinks that’s just the tip of the iceberg.

“I’m sure there’s more. And to their credit, they’re not saying this is all there is, they’re just saying this is what we’re doing now,” Res said, later adding, “I don’t know why they’re not going after the bank fraud and the insurance fraud stuff, and I’m thinking maybe that will show up on the radar.”

Part of the alleged tax fraud scheme includes off-the-books payments to Weisselberg amounting to millions of dollars, and Res believes there’s no way this happened without the knowledge of former President Donald Trump.

“I'm sure there are checks that he didn't know anything about, but if there was anything major, anything like giving away a property or paying for someone's school or paying someone's rent,” Res said, “of course that wouldn't happen without Trump. Trump was the one who decided that. He's the one who came up with it.”

Video Transcript

BARBARA RES: Trump has always been doing this kind of thing, evading-- helping people evade taxes. You know, back when I was [INAUDIBLE] in Trump Tower, he was paying people expense money instead of in salary-- oh, just give me any bills and I'll pay for it. And, you know, that was his attitude.

KYLIE MAR: Former Trump organization executive vice president Barbara Res joined "Cuomo Prime Time" Thursday, where she weighed in on the criminal indictments handed down earlier in the day. The Trump organization and Chief Financial Officer Alan Weisselberg were charged with 15 felonies, including tax fraud and grand larceny. But Res thinks that's just the tip of the iceberg.

BARBARA RES: I'm sure there's more. And, you know, to their credit, they're not saying this is all there is. They're just saying, this is what we're doing now.

I don't know why they're not going after the bank fraud and the insurance fraud stuff. And I'm thinking maybe that'll show up on the radar.

KYLIE MAR: Part of the alleged tax fraud scheme included off-the-books payments for things like a New York City apartment, school tuition for family members, a luxury car, and illegally-received tax refunds, just to name a few. And Res believes there's no way this went on without the knowledge of former President Donald Trump.

BARBARA RES: I'm sure there are checks that he didn't know anything about. But if there was anything major-- anything like giving away property or paying for someone's school or paying someone's rent-- of course that wouldn't happen without Trump. Trump was the one who decided that. He's the one who came up with it.