Trump's CFO Allen Weisselberg Will Implicate Trump Companies in Guilty Plea

  • 📰 RollingStone
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Trump Organization’s money man has agreed to testify against Trump’s companies if called upon.

Weisselberg will not go beyond his testimony to help the criminal probe, one of the sources said. Still, his potential testimony could pose a severe threat to Trump’s companies. This possible testimony, which allegedly implicates Trump’s businesses, could be key to prosecutors’ securing a guilty verdict against these companies. When a company is found to have engaged in criminal conduct, significant fines can pile up quickly — potentially leading to its demise.

Weisselberg’s family was also well taken care of, prosecutors said. The company covered Weisselberg’s personal expenses “for his homes and for an apartment maintained by one of his children,” according to the indictment. Among these requests were items such as “new beds, flat-screen televisions, the installation of carpeting, and furniture for Weisselberg’s home in Florida.

Speaking generally about how a Weisselberg guilty plea could impact Trump, Rebecca Roiphe, New York Law School professor, tells: “It is another Trump person being convicted of something, and it also reflects on him more than just the company he keeps. This is obviously conduct that occurred separately from his presidency and has to do with how he conducted his businesses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Need more info on why he has a payroll corporation company

Yes!

How is this not implicating Trump himself?

I sense a second, unmarked grave being dug on a golf course as I write this.

Back stabber

Wow, another bomb for Trump

💸The big fish 💰🐟 After all these years Before the Presidency, this would have been Trump's Achilles' heel. Now, he's doomed six ways from Sunday, and this is another. JusticeIsComing TraitorTrump DonTheCon

Is that bad for Creamsicle Caligula? It sounds bad…

no. he has not. “but he will not enter into a cooperation agreement to aid New York prosecutors in their criminal investigation of the real estate companies' finances, a person familiar with the matter said.” cnn 8/17

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 483. in BUSİNESS

Business Business Latest News, Business Business Headlines