Former Trump Org. CFO expected to plead guilty in NY tax case

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Allen Weisselberg is expected to plead guilty as soon as Thursday, three people familiar with the matter told The Associated Press.

Prosecutors in the Manhattan district attorney’s office and Weisselberg’s lawyers met Monday with the judge overseeing the case, Juan Manuel Merchan, according to court records. The judge then scheduled a hearing in the matter for 9 a.m. Thursday but did not specify the reason.

The Times, citing two people with knowledge of the matter, said Weisselberg was expected to receive a five-month jail sentence, which would make him eligible for release after about 100 days. The deal would not require Weisselberg to testify or cooperate in any way with an ongoing criminal investigation into Trump’s business practices.

News of Weisselberg’s plea negotiations came days after the judge denied requests by his lawyers and the Trump Organization to throw out the case. The judge did drop one criminal tax fraud count against the company citing the statute of limitations, but more than a dozen other counts remain. Weisselberg, who turned 75 on Monday, is the only Trump executive charged in the yearslong criminal investigation started by former Manhattan District Attorney Cyrus Vance Jr., who went to the Supreme Court to secure Trump’s tax records. Vance’s successor, Alvin Bragg, is now overseeing the investigation. Several other Trump executives have been granted immunity to testify before a grand jury in the case.

Source: News Formal (newsformal.com)

 

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