Trump Organization CFO Allen Weisselberg pleads guilty to all charges in tax fraud scam
Justice,Taxes,Fraud,Crime,Trump Organization
The Trump Organization’s long-serving financial gatekeeper pleaded guilty to 15 felonies Thursday and directly implicated former President Donald Trump’s family real estate business in a multi-year criminal tax fraud scheme.
Allen Weisselberg admitted to receiving more than $1.7 million in off-the-books perks while chief financial officer of the Trump Organization on top of his hefty salary, defrauding the taxpayer and Uncle Sam by disguising the fringe benefits as work expenses.
As part of his plea deal, the CFO, whose June 2021 indictment came after he refused to flip on Trump, will have to testify against the family’s real estate business when it goes on trial for a host of financial crimes this fall.
If prosecutors and the court are satisfied with Weisselberg’s testimony, he’ll be sentenced to five months max on Rikers Island and five years probation, said state Supreme Court Justice Juan Merchan.
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