Longtime Trump executive Weisselberg to plead guilty in tax fraud scheme
A longtime senior executive at former President Donald Trump's family business is expected to plead guilty on Thursday to conspiring with the company in a 15-year tax fraud, Qazet.az reports.
Allen Weisselberg, the former chief financial officer at the Trump Organization, is expected to enter his plea before Justice Juan Merchan in a New York state court in Manhattan.
He is not expected to cooperate with Manhattan prosecutors, including in a larger probe of Trump himself, though he could be required to testify against the Trump Organization at trial, a person familiar with the matter said.
A grand jury last year indicted Weisselberg, 75, for concealing $1.76 million of "off-the-books" income.
That included rent for a Manhattan apartment, lease payments for two Mercedes-Benz vehicles, and tuition for family members, with Trump himself signing the checks for the tuition.
Weisselberg will likely be sentenced to five months in jail and could be freed after about 100 days, another person familiar with the matter said.