Allen Weisselberg

NEW YORK — Allen Weisselberg, the longtime top financial officer of former president Donald Trump's company, pleaded guilty on Thursday to committing more ...

As part of the plea deal outlined in court, Weisselberg agreed to repay the taxes he owed, along with penalties and interest — a total of $1.9 million, the district attorney’s office said. Giuliani has been informed he is [a target of that investigation](https://www.washingtonpost.com/national-security/2022/08/15/trump-2020-election-georgia-investigation/?itid=lk_inline_manual_5&itid=lk_inline_manual_30), according to his lawyers. [legal scrutiny](https://www.washingtonpost.com/national-security/2022/08/10/trump-deposition-letitia-james/?itid=lk_inline_manual_28), including probes examining efforts to overturn the 2020 election, his handling of classified documents after leaving office, his taxes and his actions related to the Jan. The indictment also said he “intentionally omitted” his compensation from his tax returns. Bragg made [a public statement](https://www.washingtonpost.com/national-security/2022/04/07/bragg-trump-probe-continues/?itid=lk_inline_manual_24) in the spring saying the investigation was continuing, and his office reiterated that on Thursday. “In one of the most difficult decisions of his life, Mr. [faced public pressure](https://www.washingtonpost.com/national-security/2022/04/07/bragg-trump-probe-continues/?itid=lk_inline_manual_14&itid=lk_inline_manual_24) over his office’s investigation into Trump. A person with knowledge of the matter, who spoke on the condition of anonymity to discuss sensitive negotiations, said then that he was not expected to help with an ongoing inquiry into the former president. Weisselberg’s indictment in July 2021 was in part an effort to secure his cooperation against Trump, people with knowledge of the strategy said last year. “We look forward to proving our case in court against the Trump Organization.” 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. “Rather than risk the possibility of 15 years in prison, he has agreed to serve 100 days.

Allen Weisselberg, the former chief financial officer of the Trump Organization, pleaded guilty Thursday to his role in a 15-year-long tax fraud scheme, ...

None of the charges facing Weisselberg have mandatory incarceration but the most serious of the charges has a maximum sentence of 15 years. He was named as an unindicted co-conspirator in the indictment. No other executive was indicted in the tax case and Trump, Donald Trump Jr., Eric Trump and Ivanka Trump were not accused of any wrongdoing. We look forward to proving our case in court against the Trump Organization," Bragg said. "Today Allen Weisselberg admitted in Court that he used his position at the Trump Organization to bilk taxpayers and enrich himself," Manhattan District Attorney Alvin Bragg said in a statement. Trump has called the investigations politically motivated. If the Trump Organization is convicted, it could be required to pay back taxes and fines, but no individual will go to prison. "In one of the most difficult decisions of his life, Mr. With credit given for good behavior, one-third of the sentence could be knocked off, meaning Weisselberg could end up serving about 100 days behind bars. As a result, we now look forward to having our day in court, which, quite interestingly, has been scheduled for October 24 -- just days before the midterm elections." He said the agreement was for a five-month sentence to be followed by five years of probation. Judge Juan Merchan said Weisselberg would be sentenced after the Trump Organization's trial.

Weisselberg on Thursday admitted to all 15 felonies that prosecutors accused him of.

special election](/2022/08/24/pat-ryan-new-york-special-election) [Biden cancels up to $20K in student loans for Pell grant recipients, $10K for millions of others](/2022/08/24/student-loan-forgiveness-debt-cancel-biden) 31 deadline](https://www.axios.com/2022/04/06/biden-pause-federal-student-loan-repayments), when loan repayments were set to resume after a series of pandemic pauses—is expected to alleviate some of the debt burdens of 43 million Americans while also fulfilling a key campaign promise. It's also validation of Democrats' strategy of hammering the issue of abortion in the aftermath of Roe v. House seat in New York's 19th district after it was vacated by Democrat Antonio Delgado, according to the AP. Why it matters: The result is an upset for Republicans, who were seen as slight favorites to flip the seat. [pull off primary upsets](https://www.axios.com/2018/06/27/joe-crowley-loses-his-new-york-primary-1530063288). A [historic number](https://www.axios.com/2022/08/11/house-primary-losses-midterms) of incumbents have fallen to insurgents this year. [notes](https://www.nytimes.com/2022/08/17/nyregion/weisselberg-trump-plea-testify.html). [New York Times](https://www.nytimes.com/2022/08/18/nyregion/weisselberg-trump-guilty-plea.html?smtyp=cur&smid=tw-nytimes)reported. [Judge denies Trump Organization attempt to dismiss tax fraud case](https://www.axios.com/2022/08/12/trump-organization-tax-fraud-manhattan) [The mainstream strikes back](/2022/08/24/2022-primaries-mainstream-candidates)

Weisselberg, 75, agreed to pay nearly $2 million in taxes, interest, and penalties and serve five months in jail as part of his guilty plea.

"Instead of paying his fair share like everyone else, Weisselberg had the Trump Organization provide him with a rent-free apartment, expensive cars, private school tuition for his grandchildren and new furniture — all without paying required taxes," Bragg said. Rather than risk the possibility of 15 years in prison, he has agreed to serve 100 days. We are glad to have this behind him." Weisselberg was accused of avoiding paying taxes on $1.7 million of his income. 6 says White House didn’t give new line-of-duty law ‘the attention it deserves’](https://www.nbcnews.com/politics/politics-news/widow-officer-died-suicide-jan-6-says-white-house-didnt-give-newly-sig-rcna43599) In court on Thursday, Weisselberg said he understood that he could face up to 15 years in prison if he doesn't pay back the taxes or doesn't testify truthfully at the trial of the Trump Organization this fall.

Allen Weisselberg pleaded guilty Thursday to charges of running a yearslong scheme to avoid taxes while he was the Trump Organization's chief financial ...

Weisselberg, who just turned 75, in an effort to put this matter behind him and get on with his life, decided that the best course of action -- for himself and his family -- was to plead guilty. Let this guilty plea send a loud and clear message: we will crack down on anyone who steals from the public for personal gain because no one is above the law," New York Attorney General Letitia James said in a statement following Weisselberg's guilty plea Thursday. "Allen Weisselberg, a long time, trusted employee of The Trump Organization, is 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," said a spokesperson for the Trump Organization. We look forward to proving our case in court against the Trump Organization." "In one of the most difficult decisions of his life, Mr. As part of his plea deal, Weisselberg, 75, agreed to serve five months in prison followed by five years of supervised release.

Allen Weisselberg, chief financial officer of Donald Trump's company and one of his most trusted executives, pleaded guilty to tax violations on Thursday, ...

Trump has not been charged in the criminal investigation. But the charge carries no mandatory minimum, and most first-time offenders in tax-related cases never end up behind bars. And in September the House committee investigating the January 6 insurrection will reconvene its hearings amid charges that Trump incited a mob to [attack the Capitol](https://www.theguardian.com/us-news/2022/jul/21/pence-secret-service-families-capitol-riot) in an attempt to delay or stop certification of Joe Biden’s election win. Prosecutors alleged that the company gave untaxed fringe benefits to senior executives, including Weisselberg, for 15 years. He has refused to testify against Trump himself. He was charged with accepting more than $1.7m in off-the-books compensation from the former president’s company, including untaxed perks like rent, car payments and school tuition.

Allen Weisselberg, a long-serving executive at Donald Trump's company, must pay back almost $2m.

"[This is] unlikely to have any real impact on Trump personally," Joseph Moreno, a former federal prosecutor, told the BBC. Mr Trump, who denies wrongdoing, had sued in an effort to block the interview at the attorney general's office. Weisselberg, who is seen as one of Mr Trump's most loyal business associates, worked for the former president for almost 50 years. He could be freed from a likely five-month sentence after 100 days if time is credited for good behaviour, a number of sources told US media. That means any testimony he provides at the trial - which is scheduled for late October - will only relate to this case and will not implicate the former president directly. And at the plea hearing on Thursday, the 75-year-old admitted his involvement in the scheme and to receiving private school tuition for his grandchildren, BMW cars and a home in Manhattan.

Allen Weisselberg pleaded guilty to charges involving his work with the Trump Organization, where he was the longtime chief financial officer.

The episode was the seventh in Season 2, titled "Barking Up the Wrong Tree," [according to IMDB](https://www.imdb.com/title/tt0514016/?ref_=nm_flmg_slf_3). Weisselberg was a top overseer for the Trump family's business. He [ deviates from the bombastic nature](https://www.usatoday.com/story/news/politics/2021/07/01/allen-weisselberg-trump-organization-cfo-faces-indictment/7824855002/) of many of those in Trump's inner circle, having been married to his wife, Hillary, for over 50 years and called quiet and shy by colleagues. Billionaire Michael Bloomberg [also appears in the episode](https://www.imdb.com/title/tt0514016/fullcredits?ref_=tt_ov_st_sm). Independently, Weisselberg was charged with grand larceny in connection with failing to pay taxes on $1.7 million in "off the books'' benefits for his family. Cohen also testified that he'd helped Weisselberg make up different valuations for the company's real estate holdings, misleading lenders and partners as the organization needed. [chief financial officer](https://www.usatoday.com/story/money/2021/07/01/cfo-meaning-allen-weisselberg-surrender-trump/7825760002/), a role he assumed in 2000. His guilty plea and subsequent deal require him to testify truthfully about the scheme if called as a government witness at the pending trial of the Trump Organization. The trial is set for October. Allen Weisselberg was accused of taking more than $1.7 million in back-channel payments from the company. [Trump in midst of gathering storm of investigations. Weisselberg was hired by Trump's father, Fred Trump, in 1973.