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
TASS reports 3 people were injured in a drone attack in the Rostov region, after a fire broke out at a facility in the industrial zone
Ukraine's Ministry of energy reports massive attack on energy facilities in the country
Taiwan's Ministry of Defense: One Chinese balloon was spotted in the Taiwan Strait on Monday
Israeli media reports injuries in ramming operation in al-Naqab.
Sheikh Daamoush: Zionists must remain worried, as they have committed a grave error.
Sheikh Daamoush: All concessions given by Lebanese government to date bore no fruit.
Sheikh Daamoush: It is the duty of the state to protect its citizens and sovereignty, government must push plans to that effect and refuse external pressures, diktats.
Sheikh Ali Daamoush: We are not concerned with any plans so long as enemy not abiding by ceasefire.
Israeli media says reports incoming of suspected ramming operation in Tal al-Sabe', al-Naqab.
Sheikh Daamoush: Sayyed Abou Ali's martyrdom will not undermine resistance or prevent it from continuing his plans.

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.

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

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

  • Politics
  • 19 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

  • Analysis
  • 19 Nov 2025
US readies covert, military measures to oust Maduro: NYT

US signs off on covert CIA operations inside Venezuela: NYT

  • Politics
  • 19 Nov 2025

Coverage

All
In Five

Read Next

All
Vassily Nebenzia, permanent representative of Russia to the United Nations, speaks during a meeting of the UN Security Council, March 29, 2022, at United Nations headquarters (AP Photo/John Minchillo, File)
Politics

Russia alarmed by reports of Israeli funding for anti-Hamas groups

A Lebanese citizen shouts slogans as he carries a portrait of Hezbollah's Chief of Staff Haitham Tabtabai during his funeral procession in the southern suburb of Beirut, Lebanon, Nov. 24, 2025. (AP)
Politics

IRGC: Hezbollah, AoR hold right to avenge martyr Al-Tabatabai

A Palestinian carries the body of a man killed while trying to receive aid near a distribution center operated by the U.S.-backed Gaza Humanitarian Foundation (GHF) in Netzarim, in the Gaza Strip, Aug. 4, 2025. (AP)
Politics

GHF meets 'deserved' end in Gaza after enabling genocide: Hamas

Ali Larijani, Secretary of Supreme National Security Council (SNSC) and Pakistan's Ambassador to Iran in the background (X/@AmbMudassir)
Politics

Larijani’s Pakistan visit signals strategic regional alignment: Excl.

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