Overview
Allen Weisselberg is a long-time member of the board of directors of the Trump Organization. He is currently in talks with federal prosecutors in Manhattan regarding a possible guilty plea on perjury charges. This case involves his testimony at Donald Trump’s fraud trial. The following are the most important facts about this case:
BREAKING: Former Trump Org. CFO, Allen Weisselberg will plead guilty to PERJURY charges in New York related to false testimony he gave in a civil investigation of Trump Org Fraud.
Why are all these people connected to Trump going to prison and pleading guilty of crimes?The answer is clear.
– Weisselberg has engaged in discussions with Manhattan prosecutors for weeks about a plea deal connected to his deposition in the New York attorney general’s civil probe into the former president in 2020 and his subsequent testimony last year, according to sources familiar with the case.
– It remains uncertain which specific charges he will admit guilt to.
Table of Contents
Background
Who is Allen Weisselberg?
- Weisselberg was the CFO for many years at the Trump Organization. He was in charge of the company’s finances and had a significant impact on the company’s financial performance.
- He was in charge of the company’s accounts and was responsible for the overall financial management of the company.
The Allegations
- During the trial of Donald Trump for fraud, Weisselberg was charged with perjury.
- His credibility is on the line, and prosecutors allege he gave inaccurate information.
The Perjury Plea Talks
Negotiations with Manhattan Prosecutors
- Weisselberg’s perjury plea negotiations are in the early stages with Manhattan District Attorney Alvin Bragg’s office.
- According to the New York Times on Thursday, negotiations are on-going.
Intermingling of Trials
The agreement would connect two separate court cases in New York against Trump:
- Fraud Trial: For example, federal prosecutors are already suing Trump for fraudulent misrepresentations in his financial disclosure reports.
- Hush-Money Trial: Another case concerns the hush-up payments that took place during the 2016 presidential campaign.
Weisselberg’s Role in the Hush-Money Payment
According to Michael Cohen, Trump’s former fixer and attorney, “the ‘legal fees’ reported on the records were in fact reimbursement for a payment made by Michael Cohen on behalf of Donald Trump to adult film actress Stormy Daniels.”
Weisselberg helped coordinate Cohen’s reimbursement.
Potential Outcome
In exchange for a guilty plea to perjury, weisselberg could avoid testifying in the trial over the hush money, which is set to begin in March.
Weisselberg’s testimony, prosecutors hope, will deter other associates of President Donald Trump from lying under oath.
Weisselberg’s Legal Troubles
Previous Guilty Plea
- Previously, Weisselberg was sentenced to 100 days in jail at New York City’s Rikers Island for tax fraud.
- The allegations were based on undisclosed payments to him and other Trump entities.
Civil Fraud Trial
- In addition to Weisselberg, he is a defendant in the federal civil fraud lawsuit brought against Trump.
- The other defendants are Donald Trump Jr., Eric Trump and Jeffrey McConney, a former executive of the Trump Organization.
Conclusion
Allen Weisselberg’s perjury plea negotiations add another wrinkle to the ongoing legal battles between the Trump Organization and former executives. As the negotiations drag on, the outcome is still in the balance, but the reverberations could reverberate across the corridors of power.
Also read:
Dune Part 2 Makes History: The Highest-Rated Film on IMDb
Jackie Chan and Taehyung: A Dynamic Duo in the Spotlight
Follow these social media links: