Former Trump Organization CFO Allen Weisselberg pleads guilty in fraud case, agrees to testify against company
CBSN
Former Trump Organization chief financial officer Allen Weisselberg pleaded guilty Thursday to 15 counts of fraud and tax evasion, acknowledging that he was part of a scheme to receive more than $1.7 million in off-the-books perks and compensation from former President Donald Trump's namesake firm.
Weisselberg, 75, entered the plea in a Manhattan courtroom, where he admitted to his crimes and agreed to cooperate with prosecutors in the criminal case against two Trump Organization entities.
Weisselberg was charged in July 2021 alongside two Trump Organization entities that prosecutors claim took part in the scheme, which also allegedly benefited other company executives. The company has pleaded not guilty, and jury selection for its trial is scheduled for Oct. 24.
