Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Four martyrs and wounded after occupation aircraft targeted a house near the Jordanian Hospital in the Tal al-Hawa neighborhood, southwest of Gaza City
Civil Defense in Gaza: An Israeli strike on civilians in central Gaza City resulted in 11 martyrs, including a doctor and a child, and more than 50 others injured
Russian Foreign Ministry: Western media continues to reveal its true nature as a tool in the hands of political elites, intelligence agencies, and the so-called deep state
Al Mayadeen's correspondent: 50 martyrs in Israeli raids on the Gaza Strip since dawn today, including 20 in the al-Nuseirat camp in the central Gaza Strip
Al Mayadeen’s correspondent: The number of martyrs in the al-Samer massacre in central Gaza City has risen to 12, with dozens wounded
The Ofer military court has ruled to extend the detention of journalist Nasser Al-Lahham until next Tuesday
Al Mayadeen's correspondent: Six martyrs and wounded reported following an Israeli airstrike on the al-Samer junction in central Gaza City
Al Mayadeen's correspondent: Occupation aircraft bombed a crowded market near the al-Samer junction in the al-Daraj neighborhood, central Gaza City
Al Mayadeen's correspondent: The occupation has perpetrated a massacre targeting the al-Samer junction in Gaza City
Pezeshkian: Iran aims to strengthen ties with its neighbors in the pursuit of peace and stability, not to display its power, but to make clear that it will not yield to injustice or hegemony

Trump executive pleads guilty in tax case, agrees to testify

  • By Al Mayadeen English
  • Source: Agencies
  • 19 Aug 2022 08:58
3 Min Read

The guilty plea comes as part of a deal that requires him to testify about business operations at the former President's company.

  • x
  • Trump executive pleads guilty in tax case, agrees to testify  (AP Photo/John Minchillo).
    Senior Trump Organization advisor and former company CFO pleaded guilty. (AP)

A top executive at former President Donald Trump's family business pleaded guilty on Thursday for tax evasion on a free apartment and other benefits, reaching an agreement with prosecutors that may make him a key witness against the corporation in a trial this fall.

Allen Weisselberg, a senior Trump Organization advisor and former company CFO, pleaded guilty to all 15 charges brought against him in the case.

Weisselberg admitted to receiving about $1.7 million in untaxed extras, which include: school tuition for his granddaughters, free rent for a Manhattan apartment, and lease payments for a fancy car — and expressly keeping some of the goodies of the books in a quiet, somewhat scratchy voice.

Read next: Trump refuses to answer questions in New York civil probe

Judge Juan Manuel Merchan agreed to sentence the businessman to five months in New York's Rikers jail complex, with a possible early release for good behavior. The judge also ordered Weisselberg to pay over $2 million in taxes, fines, and interest, as well as be on probation for five years. 

The plea agreement requires Weisselberg's honest testification as a prosecution witness while the Trump Organization is tried on similar charges in October. The corporation is accused of assisting Weisselberg and other executives in avoiding income taxes by failing to fully declare their total salary to the authorities. Trump has not been charged in the matter.

Weisselberg will be released on bond until the conclusion of the company's trial. He said nothing as he walked out of court, refusing to answer a journalist's question about if he had a message for Trump.

Related News

Trump Organization discusses luxury hotel project in occupied al-Quds

Foreign govts paid Trump firms $7.8mln while President: Report

Read next: US judge order Trump to pay $110,000 fine to lift contempt finding

If Weisselberg does not comply with the plea requirements, prosecutors said they will pursue a "significant state prison sentence," and Merchan warned that he may face the maximum penalty for the top crime, grand larceny, of 15 years in jail.

Weisselberg’s lawyer Nicholas Gravante Jr. said his client pleaded guilty “to put an end to this case and the years-long legal and personal nightmares it has caused for him and his family.”

Trump Organization; a criminal organization? 

Manhattan District Attorney Alvin Bragg said in a statement that Weisselberg’s plea “directly implicates the Trump Organization in a wide range of criminal activity and requires Weisselberg to provide invaluable testimony in the upcoming trial against the corporation.”

“We look forward to proving our case in court against the Trump Organization,” he added.

Weisselberg's testimony might harm the company's defense. If convicted, the company might face fines of twice the amount of unpaid taxes, as well as probation and the necessity to adjust its business operations.

Read next: Trump Organization Accused of Tax Evasion

Weisselberg agreed to enter a guilty plea days after Merchan dismissed his attempt to dismiss the allegations. The judge dismissed the defense's allegation that the district attorney's office was punishing Weisselberg because he refused to provide damaging information about Trump.

The district attorney is also looking into whether Trump or his corporation misrepresented to banks or the government the value of their properties to acquire loans or lower their tax obligations.

  • Trump Organization
  • Allen Weisselberg
  • Tax evasion
  • Donald Trump

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemeni air defenses repel substantial part of Israeli aggression

Yemeni air defenses confront Israeli aggression on Hodeidah

  • Politics
  • 7 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Trump announces Mexico, EU rariffs of 30%
US & Canada

Trump slaps trade partners, Mexico, EU, with 30% tariffs from Aug. 1

Deal struck to create new state of New Caledonia
Europe

France announces State of New Caledonia, except with a twist

Taiwan President Lai Ching-te, center, inspects a live-fire shooting training in Hsinchu County, Taiwan, Thursday, July 10, 2025 (AP)
Politics

US demands allies' plans in event of Taiwan war erupting

Israeli settlers kill American-Palestinian visiting West Bank
Palestine

Israeli settlers kill American-Palestinian visiting West Bank

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS