Serving Roslyn, East Hills, Roslyn Estates, Roslyn Harbor, Roslyn Heights, Old Westbury and North Hills
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Friday, October 12, 2018
Vol. 6, No. 41
FALL HOME BRINGING EUROPEAN PHILLIPS LEADS KAPLAN & DESIGN FLAIR TO GREENVALE IN FUNDRAISING PAGES 33-48
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Former mayor helped Trumps’ alleged scheme
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P R O U D PA R E N T S
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 BY TERI WEST
Parents of National Merit semifinalists photograph their children as the Roslyn Board of Education recognizes their achievements. See stpory on page 7.
Schools not involved in film about past scandal BY T E R I W EST
about the district’s early 2000s corruption scandal. Roslyn schools will not be The Roslyn school district sent a letter to parents saying used as sets for the film and that it is not associated with will not participate “in any “Bad Education,” a movie cur- way,” according to the letter. “While the film is purportrently in production that is
edly meant to entertain, it’s important to remember that what occurred in our school district was far from entertaining,” the letter, dated Oct. 3, says. “A former superintendent Continued on Page 67
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