Trump CFO Allen Weisselberg pleads guilty in tax-fraud case


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NEW YORK — Allen Weisselberg, the longtime top financial officer of former president Donald Trump’s company, pleaded guilty on Thursday to committing more than a dozen felonies, including criminal tax fraud and grand larceny.

Weisselberg and the Trump Organization were indicted last year by authorities in New York who charged them with concealing certain financial compensation as part of what they called a years-long scheme to avoid paying taxes. The case is part of the churning legal maelstrom still surrounding Trump and his close allies, with local, state and federal authorities scrutinizing everything from his namesake business to his handling of classified government documents since leaving office.

Appearing in a Manhattan courtroom, Weisselberg, 75, acknowledged his part in the scenario outlined by prosecutors — and agreed to testify, if called, at a pending trial for the company. As part of his plea agreement, Weisselberg, Trump’s close and trusted associate for decades, would spend five months in jail, followed by five years of probation.

Chief financial officer of former president Donald Trump’s company Allen Weisselberg appeared Aug. 18 at a N.Y. court, facing more than a dozen felony charges. (Video: AP)

Weisselberg spoke sparingly during the hearing, answering “yes” to affirm his activities and guilt on every count. His future testimony, however, could prove damaging for the former president’s namesake company, which prosecutors say carried out “a sweeping and audacious illegal payments scheme.”

The status of key investigations involving Donald Trump

Weisselberg’s sentence depends on him “testifying truthfully” at the Trump company’s trial, according to the district attorney’s office.

The plea agreement “directly implicates” the Trump Organization in a “wide range of criminal activity,” Manhattan District Attorney Alvin Bragg said in a statement.

“Furthermore, thanks to the incredibly hard work and dedication of the team prosecuting this case, Weisselberg will spend time behind bars,” Bragg said. “We look forward to proving our case in court against the Trump Organization.”

The former president and those close to him have assailed the case, tying it to the thicket of other investigations and scrutiny that he routinely characterizes as a coordinated “witch hunt” by Democrats who dislike him.

In a statement, his company called Weisselberg “a fine and honorable man who, for the past 4 years, has been harassed, persecuted and threatened by law enforcement, particularly the Manhattan District Attorney, in their never ending, politically motivated quest to get President Trump.”

Weisselberg, the company’s statement said, pleaded guilty “in an effort to put this matter behind him and get on with his life.” The company pledged that the two corporate entities charged alongside Weisselberg would not make any plea deal, denying any wrongdoing, and said “we now look forward to having our day in court.”

Jury selection in the Trump Organization’s trial is scheduled to begin in late October, which the company noted was “just days before the midterm…



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