Former Executive Pleads Guilty to Alleged Tax Evasion at Trump Family Business

Last Updated on 08/19/2022 by てんしょく飯

A longtime executive at the Trump Organization, which is owned by former President Trump’s family, admitted in a New York state court on August 18 that he was involved in a 15-year tax evasion scheme at the company. He admitted in a New York state court on August 18 that he was involved in the company’s 15-year tax evasion scheme and agreed to appear in future trials as a witness for the prosecution.

He was sentenced to five months in prison.

Allen Weisselberg, the former CFO of the Trump Organization, who had been indicted on 15 counts, 75) was found guilty on all of them. As a result, he was sentenced to five months’ imprisonment, but could be released in 100 days. $1.99 million in additional taxes Payment was also ordered.

Weisselberg is not expected to cooperate with the larger investigation into Trump. However, his agreement to testify is likely to strengthen the prosecution’s case that the Trump Organization engaged in tax evasion.

In a statement, the prosecutors said, “The defendant’s guilty plea directly implicates the Trump Organization in a wide range of illegal activities, and we hope that his testimony will prove the validity of our indictment in court.

Although the Trump Organization has consistently maintained its innocence, if convicted, it could face penalties, including the payment of fines.

Trump himself has not been charged in the case so far.