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US: Former Trump Organization CFO Sentenced to 5 Months in Jail

In August, Weisselberg had already pleaded guilty to fifteen charges of tax fraud, confirming the existence of a system of tax evasion. | Font: 2023Getty Images | Photographer: MICHAEL M. SANTIAGO

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Former company financial director Trump Organization, Allen Weisselberg — who pleaded guilty to fraud and tax evasion in a scheme run by a family business Trump— was sentenced on Tuesday to five months in prison, a New York court announced.

very close to Donald TrumpWeisselberg pleaded guilty to 15 counts of fraud and tax evasion related to $1.76 million in earned and unreported income between 2005 and 2021, financial fraud, which was also charged with the Trump family business. found guilty on 6 December.

According to the American press, Allen WeisselbergThe 75-year-old will serve an effective sentence of 100 days at New York’s sinister Rikers Island prison, which previously held Harvey Weinstein and Dominique Strauss-Kahn.

    Nicholas Gravante
Nicholas Gravante, an attorney for former Trump Organization CFO Allen Weisselberg, is resigning from a Manhattan criminal court after his client heard the verdict. | Font: AFP | Photographer: MICHAEL M. SANTIAGO

Weisselberg He has already paid more than $2 million in taxes and fines as part of his plea deal to avoid several years in prison, the prosecution said during the trial.

Judgment

For its part, it is expected that the sentence to Trump Organizationwhich manages golf courses, luxury hotels and real estate, pleaded Friday in a case in which Donald Trump not personally involved.

Justice put the former director of the family business and the company itself in the dock for creating a system of false accounting returns designed to hide from the tax authorities for years compensation in kind to some executives, in particular Allen Weisselberg, one of the key witnesses in the decision.

The 75-year-old executive, who was “one of the main beneficiaries of the system, received about $1.76 million in undeclared remuneration, including rent for a luxury Manhattan apartment, services, parking costs, vehicles. Mercedes Benz furniture for him and his wife, money for personal recreation and payment for the education of his grandchildren in a private school,” the Prosecutor’s Office of the city of Minsk said in a statement. Manhattan.

“The companies did not declare this income to the tax authorities, did not withhold taxes and did not pay health care contributions from this income,” the prosecutor’s office said.

(According to AFP)


Source: RPP

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