Allen Weisselberg, Trump Executive Guilty In Tax Case

Bryan Dijkhuizen

He pleaded guilty

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AP Photo/John Minchillo

Note From The Author

The opinion of the author is his own and has no affiliation with the topic that was included. Sources that are used in this article are the following: AP and for information about individuals, he used Wikipedia.

Introduction

A top executive at former President Donald Trump's family firm pleaded guilty to tax evasion Thursday, striking a deal with prosecutors that could make him a star witness against the company in a trial this fall. The trial is scheduled to take place in the fall.

Allen Weisselberg, who is now a senior consultant for the Trump Organization and previously served as the company's longstanding chief financial officer, has entered a guilty plea to all 15 of the counts he was facing in this case.

Untaxed Business

Weisselberg admitted in a low and somewhat hoarse voice that he had taken in over $1.7 million worth of untaxed extras, including school tuition for his grandchildren, free rent for a Manhattan apartment, and lease payments for a luxury car, and that he had specifically kept some of the plums off the books.

These extras included school tuition for his grandchildren, free rent for a Manhattan apartment, and lease payments for a luxury car.

Judge Juan Manuel Merchan agreed to sentence the CEO, who is 75 years old and will serve five months in the Rikers Island prison complex in New York City. However, the executive will be eligible for release far sooner than that provided he behaves while he is incarcerated.

Weisselberg was sentenced to five years of probation and ordered to pay over two million dollars in back taxes, fines, and interest. The court made this decision.

As part of the plea agreement, Weisselberg is required to provide honest testimony as a witness for the prosecution when the Trump Organization is tried in October on charges connected to the investigation.

Because the corporation did not disclose Weisselberg and the other executives' entire salary to the government in an exact manner, the company is being accused of assisting them in evading income taxes. The lawsuit does not include any charges against President Trump personally.

After the conclusion of the trial regarding the firm, Weisselberg will continue to be free on bail until he is officially sentenced.

As he exited the courthouse, he did not comment and did not provide a response when a journalist asked him if he had any message for Trump. If Weisselberg does not comply with the terms of the plea agreement, the prosecutors have stated that they will seek a significant state prison sentence, and Merchan has warned that he could be subject to the maximum punishment for the most serious charge, which is 15 years in prison for grand larceny.

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