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JoanofArgh

(14,971 posts)
Wed Aug 17, 2022, 06:12 PM Aug 2022

Trump executive Weisselberg to admit to 15 felonies tomorrow [View all]




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
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