Manhasset Times 2018_10_12

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Serving Manhasset, Munsey Park, North Hills, Plandome Heights, Plandome Manor, Plandome and Flower Hill

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Friday, October 12, 2018

Vol. 6, No. 41

FALL HOME & DESIGN

BOS QUESTIONS MARIJUANA CLINICS

PHILLIPS LEADS KAPLAN IN FUNDRAISING

PAGES 33-48

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Former mayor helped Trumps’ alleged scheme

VICTORY CHEER

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 Continued on Page 67

PHOTO COURTESY OF MANHASSET PUBLIC SCHOOLS

Manhasset High School cheerleaders support the football team at its Sept. 22 homecoming game, in which it defeated Herricks High School 49-13.

Great Neck man arrested for business burglaries BY T E R I W EST A Great Neck resident was arrested last Wednesday in connection with a series of burglaries in Manhasset and Roslyn Heights.

David Mintz, 36, was charged with three counts of third-degree burglary for three business burglaries in September. Two of the incidents were Sept. 3 in Manhasset, accord-

ing to a Nassau County police arrest report. At 5:11 a.m. Mintz entered Studio Salon on Bayview Avenue through a back window and did not steal anything, the Continued on Page 67

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