Longtime Trump Organization CFO Allen Weisselberg Pleads Guilty to Perjury Charges

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Thomas Bart, March 4, 2024

Weisselberg’s Legal Troubles Continue

In a significant development, Allen Weisselberg, the former chief financial officer of the Trump Organization, has pleaded guilty to two counts of perjury. This plea comes as a result of his testimony during former President Donald Trump’s civil fraud trial.

Sentencing and Prosecution Details

Weisselberg, 75, is scheduled for sentencing on April 10. Prosecutors are pushing for a five-month jail term, citing that his perjury strikes at the heart of justice. This guilty plea marks Weisselberg’s second criminal conviction; he previously pleaded guilty in 2022 to evading taxes amounting to nearly $2 million in unreported compensation.

Background on Weisselberg’s Testimony

During his testimony, Weisselberg struggled to explain discrepancies regarding the size of Trump’s Fifth Avenue triplex, which had been listed as significantly larger in financial statements than it actually was. His statements during the trial came under scrutiny, especially after a Forbes article highlighted evidence suggesting he knowingly misrepresented the property’s size.

Repercussions for the Trump Organization

Weisselberg’s legal entanglements are further complicating matters for the Trump Organization. While he is not expected to testify in the upcoming criminal trial against Trump, his involvement in previous dealings, such as advising Michael Cohen on payments to Stormy Daniels, has drawn attention to the inner workings of the organization.

Continuing Legal Battles

The legal battles surrounding the Trump Organization and its key figures are ongoing. As Weisselberg’s guilty plea adds another layer of complexity to the situation, all eyes remain on the unfolding events and their potential implications for Trump and his associates.

The Impact of Weisselberg’s Plea

The guilty plea by Allen Weisselberg underscores the legal challenges faced by individuals associated with the Trump Organization. As investigations continue, the repercussions of his actions could have far-reaching effects on the organization’s future and its key figures.

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