Trump executive Weisselberg to admit to 15 felonies tomorrow

[JoanofArgh]

By Ben Protess, William K. Rashbaum and Jonah E. Bromwich
Aug. 17, 2022
Updated 6:06 p.m. ET

Allen H. Weisselberg, who for decades was one of Donald J. Trump’s most trusted executives, has reached a deal to plead guilty on Thursday and admit to his role in a long-running tax scheme at the former president’s family business — a serious blow to the company that could imperil its chances in an upcoming trial on related charges.

The plea deal will allow Mr. Weisselberg, who was facing up to 15 years in prison, to spend as little as 100 days behind bars, according to people with knowledge of the matter. And it does not require Mr. Weisselberg, the Trump Organization’s longtime chief financial officer, to cooperate with the Manhattan district attorney’s office in its broader investigation into Mr. Trump, who has not been accused of wrongdoing.

But Mr. Weisselberg will have to admit to all 15 felonies he was charged with and if called as a witness at the company’s trial will have to testify about his role in a scheme to avoid paying taxes on lavish corporate perks, the people said. That requirement will put the Trump Organization at a disadvantage and make Mr. Weisselberg a central witness at the October trial, where the company will face many of the same charges.

Mr. Weisselberg will not implicate Mr. Trump or his family if he takes the stand in that trial, the people said.

The prosecutors also essentially accused him of conspiring with the Trump Organization, which he will have to acknowledge at his plea hearing on Thursday and at the trial if he is called as a witness.

https://www.nytimes.com/2022/08/17/nyregion/weisselberg-trump-plea-testify.html

[Eliot Rosewater]

1. Sounds like a sweetheart deal to me.

[JoanofArgh]

3. I can't imagine being so loyal to some asshole like Trump.

Why do people do it? Look at Giuliani. It boggles my mind.

[Funtatlaguy]

2. So his reasoning for this can only be 1 of 2 things.

He adores Trump. Thinks he is family. Thinks his loyalty will be rewarded.
Or
He’s terrified of Trump and his minions.

[dem4decades]

4. 100 days? So what, he'll probably be in a Ritz doing it.

[Fiendish Thingy]

5. As shitty of a deal as it is for Justice, I like one part...

…and that is, the possibility that Weisselberg’s testimony could bring about the “corporate death penalty” for Trump, dissolving his companies and seizing his assets.

[former9thward]

8. His assets would not be seized.

The corporations would be dissolved. There would be a fine that the corporate assets would have to pay. Trump's assets are completely isolated from his corporations. Just like Gates or Buffet or anyone who is involved with a corporation.

[Fiendish Thingy]

9. The company owns the hotels and golf courses, right?

That’s what I’m talking about, not Trumps piggy bank

[former9thward]

10. I don't know.

I am not sure what companies are involved in the investigation. I believe there are several different companies that Trump has been involved with and I am not sure that all of them are part of this litigation.

[Chainfire]

6. Lets see, how many days per felony?

If I were the judge, he would spill the beans on Trump or do the 15 years; living or dead.

[Hugh_Lebowski]

7. What a fucking joke, we're not a Nation of Laws in any way ... unless you aren't wealthy/connected

[Takket]

11. i can only imagine they know they are getting the goods on the drumpf Org with this

hard to believe he'd get 5 months unless there is some wink and a nod that he'll testify TRUTHFULLY against the company.



with no official cooperation deal on the books drumpf would have a hard time arguing "he's only saying these things because of the cooperation deal!" As opposed to pleading guilty with no deal in place.