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The Wall Street Journal reported Thursday that Allen Weisselberg, the Trump Organization’s former chief financial officer, pleaded guilty to tax crimes. Weisselberg also reportedly said he is willing to testify about the company if called as a witness.
“Allen Weisselberg, a longtime confidante of Donald Trump, pleaded guilty Thursday to 15 felonies for what he admitted was a tax-fraud scheme he committed while an executive at the former president’s company”, reported The Wall Street Journal.
The case about the Trump organization
The media outlet detailed that “Mr. Weisselberg entered a guilty plea to every criminal count he faced, including grand larceny, tax fraud and conspiracy. He admitted to participating in the fraud scheme alongside another company executive and two Trump Organization corporate entities that also face criminal charges.”
New York Times explained that “the district attorney’s office has been examining whether Mr. Trump and his company fraudulently inflated the value of his real estate to obtain loans and benefits. The investigation, initially led by Cyrus R. Vance Jr., the district attorney at the time, evolved into one of the greatest legal threats Mr. Trump faced.”