The plea deal means he has to testify against the Trump Organization, but he “will not implicate Mr. Trump or his family.”
Former Trump Organization CFO Allen Weisselberg pleaded guilty to numerous tax-related charges in a Manhattan court.
The Manhattan district attorney’s office indicted Weisselberg and the Trump Organization in 2021.
The office accused Weisselberg and the organization “of orchestrating a scheme in which some executives were compensated with special off-the-books perks. Mr. Weisselberg, the prosecutors said, avoided paying taxes on $1.76 million of his income over the last 15 years.”
A longtime senior executive at Donald Trump’s family business pleaded guilty on Thursday to helping it engineer a 15-year tax fraud, in an agreement that will require him to testify about the company’s business practices.
Allen Weisselberg, the former chief financial officer at the Trump Organization, entered his plea to all 15 charges he faced in a New York state court in Manhattan before Justice Juan Merchan.
Though Weisselberg, 75, is not expected to cooperate with Manhattan prosecutors in their larger probe into Trump himself, his plea will likely strengthen their case against the Trump Organization.
Prosecutors claimed the scheme allowed Weisselberg “to avoid paying taxes on leased Mercedes-Benzes, an apartment on Manhattan’s Upper West Side and private school tuition for his grandchildren.”
Weissellberg faced 15 years in prison. He will only serve around 100 days in prison and five years of probation.
The plea deal requires Weisselberg to testify in the Trump Organization trial “about his role in the scheme to avoid paying taxes on lavish corporate perks.”
However, he “will not implicate Mr. Trump or his family if he takes the stand in that trial, the people said, and he has refused to cooperate with prosecutors in their broader investigation into Mr. Trump, who has not been accused of wrongdoing.”DONATE
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