Trump Org. CFO to plead guilty, testify against company

  • 📰 PhillyInquirer
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Donald Trump’s chief financial officer is expected to plead guilty on Thursday to tax violations in a deal that would require him to testify about business practices at the former president’s company

NEW YORK — Donald Trump’s chief financial officer is expected to plead guilty to tax violations Thursday in a deal that would require him to testify about illicit business practices at the former president’s company, two people familiar with the matter told The Associated Press.

The two people were not authorized to speak publicly about the case and did so on condition of anonymity. Weisselberg is the only person to face criminal charges so far in the Manhattan district attorney’s long-running investigation of the company’s business practices. Former District Attorney Cyrus Vance Jr., who started the investigation, last year directed his deputies to present evidence to a grand jury and seek an indictment of Trump, according to former prosecutor Mark Pomerantz, who previously led the probe.

Prosecutors alleged that the company gave untaxed fringe benefits to senior executives, including Weisselberg, for 15 years. Weisselberg alone was accused of defrauding the federal government, state and city out of more than $900,000 in unpaid taxes and undeserved tax refunds.

 

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

It’s happening !!!!!!!!!

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:

 /  🏆 81. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump's CFO Allen Weisselberg Will Implicate Trump Companies in Guilty PleaThe Trump Organization’s money man has agreed that, if called, he’ll testify against Trump’s companies 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
Source: RollingStone - 🏆 483. / 51 Read more »

Former Trump Organization CFO Allen Weisselberg to plead guilty, testify against companySources say former Trump Organization CFO Allen Weisselberg has reached an agreement with prosecutors and is expected to plead guilty in a criminal tax fraud case.
Source: CBSNewYork - 🏆 268. / 63 Read more »

Trump Org. CFO To Plead Guilty, Testify Against CompanyAllen Weisselberg is charged with taking more than $1.7 million in off-the-books compensation from the Trump Organization over several years. I would not go to jail for my mom much less my boss He's probably a liberal so he wouldn't have any scruples Classic Trump pal
Source: HuffPostWomen - 🏆 27. / 68 Read more »