Weisselberg to plead guilty in Trump tax case: report

Source: The Hill | August 15, 2022 | Olafimihan Oshin

The Trump Organization’s chief financial officer is coming close to reaching a plea deal in a case investigating whether he funneled off-the-books income to himself and other executives at the company, but the potential deal reportedly does not bring prosecutors any closer to their main target: former President Trump.

The New York Times reported Monday, citing two people with knowledge, that Allen Weisselberg and his lawyers met with a judge and that a hearing is scheduled on Thursday in the case, pointing to a possible agreement being reached by then.

A potential deal might mean Weisselberg faces a far shorter sentence of five months in prison, a person familiar with the matter told the Times.

Prosecutors had hoped that Weisselberg would eventually testify against Trump himself but ultimately refused, despite the potential deal being reached.

Last June, criminal indictments were filed against Weisselberg and the Trump Organization related to charges that the company avoided paying taxes on fringe benefits such as cars, apartments and other bonuses they received through the company.

The case is being investigated by the Manhattan District Attorney’s office, who filed 15 criminal charges against Weisselberg and the Trump Organization, including fraud, conspiracy and falsifying business records. If convicted, the executive could face up to 15 years in prison, though various sentencing factors would likely bring that number down, legal experts have said.

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