John Walter

Attachments

1992-? All County Building Supply & Maintenance
1992-? He also was the unofficial keeper of Fred Trump's personal and business papers, his basement crowded with boxes of old Trump financial records. John Walter and the four Trump children each owned 20 percent of All County, records show.
1992-? Mr. Walter's computer systems, meanwhile, churned out All County invoices that billed Fred Trump's empire for those same services and supplies, with one difference:
1994 On Jan. 21, 1994, they created a company called Apartment Management Associates Inc., with a mailing address at Mr. Walterâ€™s Manhasset home.
1994-? Apartment Management Associates Inc.
All County had no corporate offices. Its address was the Manhasset, N.Y., home of John Walter, a favorite nephew of Fred Trump's.
As for the work of All County - generating invoices - that fell to Mr. Walter, also on Fred Trump's payroll, along with a personal assistant Mr. Walter paid to work on his side businesses.
If he used his "expert negotiating ability" to buy a $350 refrigerator for $200, he could raise the rent based only on that $200, not on the $350 sticker price "a normal person would pay, Mr. Walter explained.
Mr. Walter, asked during a deposition why Fred Trump chose not to make himself one of All County's owners, replied, "He said because he would have to pay a death tax on it."
Walter, who died in January, spent decades working for Fred Trump, primarily helping computerize his payroll and billing systems.