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Friday, October 12, 2018
Vol. 93, No. 41
FALL HOME G.N. MAN ARRESTED & DESIGN FOR BURGLARIES PAGES 33-48
PHILLIPS LEADS KAPLAN IN FUNDRAISING
PAGE 12
Former mayor helped Trumps’ alleged scheme
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C L E A R LY S TAT E D
Flower Hill’s John Walter had tax documents in his Manhasset house BY LU K E TOR R A N C E While serving as the mayor of Flower Hill in the early 1990s, John Walter was helping the family of President Donald Trump filter millions of dollars through a company that allowed its members to get around the estate tax. In a report last week, The New York Times exhaustively cataloged the ways that Fred Trump passed down millions of dollars to his children, particularly Donald Trump, while dodging taxes. The Times reported that in the early 1990s — with Fred Trump’s health failing, yet with millions of dollars of real estate under his name — Trump was looking to pass that property down to his children without having to pay the 55 percent inheritance!tax. So he turned to “a favorite nephew” — John Walter. A company called All County Building Supply & Maintenance was incorporated on Aug. 13,
1992, ostensibly to pay for maintenance crews and equipment for the properties Trump owned around New York City. But The Times reported that All County’s purpose was instead to allow Fred Trump to give his children large cash gifts disguised as legitimate business transactions, thus evading the estate tax. The address listed for All County!was that of Walter’s home at 511 Manhasset Woods Road in Manhasset. For years, vendors who maintained the Trump properties had cashed checks from Fred Trump. But in August 1992, they began to receive their payments from All County instead, according to the Times. Through a computer system set up by Walter, invoices were padded by 20 percent up to more than 50 percent, the Times reported. This allowed Trump to pay his children without incurring any
PHOTO COURTESY OF TEMPLE EMANUEL
State Comptroller Thomas DiNapoli, pictured here with Rabbi Robert Widom, spoke about the “state of the state” on Friday at Temple Emanuel in Great Neck.
Library hopefuls discuss programming, perception BY JA N E LL E CL AUSEN
Dozens of people gathered Continued on Page 67 to meet the candidates vying for library board and committee seats at the Great Neck Library last Thursday, with candidates fielding questions on library programming, staff and the book collection. Robert Schaufeld, an at-
torney and the current board president, is running as an independent candidate for the remainder of Francine Ferrante Krupski’s term, which would be January 2019 to 2020. This pits him against Scott Sontag, the Nominating Committeeendorsed candidate. Trustee Chelsea Sassouni, who was appointed earlier this year to fill a vacancy on the
board, also filed a petition as an independent candidate for the seat currently held by Joel Marcus, which would have a four-year term. This pits her against Nominating Committee-endorsed candidate David Zielenziger. Additionally, Mimi Hu, another candidate endorsed by the committee, faces a write-in Continued on Page 79
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