Trump Organization Ex-CFO Expected To Plead Guilty In Fraud Case
Former Trump Organization ex-CFO Allen Weisselberg has made a deal with the prosecution and is anticipated to plead guilty in a criminal tax fraud case.
Author:James PierceReviewer:Camilo WoodAug 16, 20222 Shares184 Views
According to someone who knows the situation, former President Donald Trump's eponymous real estate company's longtime financial director is scheduled to enter a guilty plea in New York on Thursday in a tax fraud case.
According to the source, former Trump Organization ex-CFOAllen Weisselberg would be asked to testify against the business, which is also accused in the case.
According to the source, he will likely be sentenced to five months in prison.
A spokesman for the Manhattan District Attorney's office, which is prosecuting the case, and a representative for Weisselberg and the Trump Organization, all declined to comment.
Weisselberg And The Trump Organization
In July 2021, Weisselberg and the Trump Organization were accused of giving "off the books" incentives to company leaders and falsifying business records on more than a dozen offenses.
Weisselberg and the Trump Organization both entered a not guilty plea.
Weisselberg, 75, was on the verge of a plea agreement when it was first revealed by the New York Times on Monday.
According to The Times, which cited two unnamed individuals, he will not participate in a more thorough inquiry into Trump.
The report did not mention whether he would assist the investigation into the former president's family business.
Weisselberg's attorney and the Manhattan District Attorney's office had plea negotiations, a second source with knowledge of the situation told Reuters.
According to court documents, the case in Manhattan state court saw an unexpected court appearance on Monday, and another is set for Thursday.
The judge in the case said that jury selection would begin on October 24 at a hearing on Friday.
Juan Merchan, the Manhattan District Judge for New York, rejected Weisselberg's arguments that there was not enough support for his allegations.
Weisselberg's attorneys have also previously asserted that his prosecution was the consequence of witness testimony from someone who, despite appearing to go unidentified in publicly available arguments, was motivated by a personal grudge.
Weisselberg and the firm had sought Judge Juan Merchan of the New York County Supreme Court to throw out all 15 allegations of criminal fraud and tax evasion.
On August 12, Merchan rejected their motions, maintaining all of Weisselberg's claims and all but one against the firm.
Former Trump Organization CFO Allen Weisselberg expected to plead guilty in fraud case
Charges On The Trump Organization
The Trump Organization is charged separately, but there is no allegation of criminal conduct by Trump, who has been the subject of numerous, long-running criminal investigations that have gained national prominence ever since the FBI searched his Mar-a-Lago home in Florida last Monday.
After the search, numerous threats have been made against law enforcement, with some Trump fans calling for "civil war" and one threatening to attack an FBI field office.
Latest Court Hearing
In addition to a redacted list of the things seized by FBI agents, the United States is asking a federal judge in Florida to unseal a search order that was carried out on Monday at Trump's Florida estate. The hearing took place at the same time.
Separately, on Wednesday, Trump spent several hours testifying in a civil investigation into his business activities by New York Attorney General Letitia James.
Trump used his Fifth Amendment constitutional protection against self-incrimination and declined to respond to questions.
Conclusion
The New York state attorney general's civil probe of Trump and his company appears to be coming to a close.
In that instance, Trump testified last week and used the Fifth Amendment's prohibition against self-incrimination hundreds of times.
James Pierce
Author
Camilo Wood
Reviewer
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