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Trump Organization: the former financial director sentenced in New York to 5 months in prison

2023-01-10T21:19:41.874Z


Allen Weisselberg had pleaded guilty to fraud and tax evasion in a financial fraud case in which the T


The sentencing was announced on Tuesday in New York.

Former Trump Organization CFO Allen Weisselberg has been sentenced to five months in prison and more than $2 million in back taxes, fines and interest owed to state tax authorities and New York City, the Manhattan District Attorney announced.

This close friend of Donald Trump had pleaded guilty to 15 counts of fraud and tax evasion relating to $ 1.76 million in undeclared income between 2005 and 2021, as part of a vast case of financial fraud in which the Trump Organization was also found guilty on December 6, a criminal first for this group.

NEW: Former CFO Allen Weisselberg has been sentenced to 5 months in jail after testifying at trial, directly implicating the Trump Org.

in criminal conduct.

“In Manhattan you have to play by the rules, no matter who you are or who you work for.”

-DA Bragg https://t.co/uh9UXjDR8G

— Alvin Bragg (@ManhattanDA) January 10, 2023

“In Manhattan, you have to play by the rules whoever you are and whoever you work for,” New York State Attorney for the District of Manhattan Alvin Bragg thundered in a statement.

"The Trump Organization's chief financial officer Allen Weisselberg used his position to secure lavish perks such as a free rental of a luxury Manhattan apartment, a number of Mercedes-Benz cars, and tuition in private schools for his grandchildren, all without paying the required taxes, ”denounced the elected Democrat.

False accounting statements

“Weisselberg will serve his prison sentence for his crimes,” Bragg added, as US media reported that the former financial director would spend the next few months in Rikers Island prison in New York.

The case concerns a system of false accounting declarations to hide for years (from 2005 to 2018) from the tax services financial compensation in kind from certain senior executives, in particular Allen Weisselberg, who had testified at the trial of the Trump Organization in last November after pleading guilty in August.

Source: leparis

All news articles on 2023-01-10

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