Trump CFO Allen Weisselberg Pleads Guilty To Tax Scheme, Will Testify Against Trump Org

Trump Org CFO Allen Weisselberg has pleaded guilty to 15 felonies – admitting that he conspired with other Trump Organization executives to carry out a tax-avoidance scheme connected to lavish corporate benefits.

As part of the deal, he has agreed to testify against the Trump Organization – however he has refused to implicate Donald Trump in any wrongdoing.

Weisselberg is expected to receive a five-month jail term, however time credited for good behavior he’s likely to serve around 100 days, according to the NY Times.

As Bloomberg notes, “Trump hasn’t been charged in the case and, according to a person familiar with the matter, Weisselberg won’t implicate his boss as part of his plea. But because Weisselberg’s deal requires him to testify against his employer, an admission of criminal conduct could mean trouble for the Trump Organization, experts say.”

Developing…