HomeUs NewsAllen Weisselberg, former Trump Organization CFO, expected to plead guilty but will...

Allen Weisselberg, former Trump Organization CFO, expected to plead guilty but will not cooperate in family business investigation

Allen Weisselberg, a very loyal longtime employee of former President Donald Trump’s company, is in advanced talks to plead for the charges, the person said. The judge overseeing the case has scheduled a hearing Thursday morning.

Under the terms of the deal, which is still being finalized, Weisselberg would face a five-month prison sentence but about 100 days behind bars, the person said. Weisselberg faced up to 15 years in prison.

Weisselberg will not sign up as a collaborator, the person said, but he will testify at the trial — if the case goes further and the Trump organization itself does not reach a plea deal. The judge set the trial on October 24.

What about the investigations and lawsuits against Donald Trump?

The Manhattan District Attorney’s office announced the taxation last year and sought to win Weisselberg’s cooperation against the former president in a wider criminal investigation into the accuracy of the Trump organization’s financial statements. Despite the pressure, Weisselberg did not agree to “flip” or cooperate with Trump or his children. No charges were filed in that investigation.

A spokeswoman for the prosecutor’s office was not immediately available for comment.

The Trump Organization was charged with 10 counts and Weisselberg with 15 felony counts in connection with an alleged plan dating back to 2005 “to compensate Weisselberg and other Trump Organization executives in a way that was ‘off the books.'”

Prosecutors allege Weisselberg did not pay taxes on $1.7 million in income, including luxuries such as a Manhattan apartment, a pair of Mercedes-Benz cars and private school lessons for two family members.

The decision followed Judge Juan Merchan who denied Weisselberg and the Trump Organization’s motions to reject the tax levies at a hearing last week.

Weisselberg’s expected admission of guilt comes during a dramatic legal period for Trump, who last week asserted his Fifth Amendment rights during a statement in the New York Attorney General’s civil investigation and denied hundreds of questions about the Trump-trump financial statements. organization to answer.

That came two days after the FBI issued a search warrant on Mar-a-Lago, Trump’s private Florida home, as part of a criminal investigation into its handling of presidential records, including classified documents.

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