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The former chief financial officer of the Trump Organization has been sentenced to five months in prison

The former chief financial officer of the Trump Organization has been sentenced to five months in prison

Weisselberg, a confidant of Donald Trump, pleaded guilty to 15 counts of tax evasion and tax evasion related to $1.76 million in undisclosed income between 2005 and 2021, as part of a wide-ranging case of financial fraud for which the Trump Organization was also convicted. December 6, the first criminal of this group.

In Manhattan, whoever you are and whoever you work for have to play by the rulesNew York State Attorney for the District of Manhattan, Alvin Bragg, in a statement announcing a sentence of five months in prison and more than $2 million in back taxes, fines, and interest owed to the New York State and New York City tax authorities.

The Trump Organization’s chief financial officer, Allen Weisselberg, has used his position to secure lavish perks like renting a luxury Manhattan apartment for free, a number of Mercedes-Benz cars, and royalties for private school tuition for his grandchildren, all without paying the requisite taxes.denounced the attorney general, an elected Democrat.

Weisselberg will serve prison time for his crimesMr. Bragg added, while the US media claimed that the former CFO would spend the next few months in prison in New York’s Rikers Island.

This prison, with a sinister reputation, has seen, in particular, former film producer Harvey Weinstein and former International Monetary Fund (IMF) director Dominique Strauss-Kahn pass through sexual assault cases.

The case concerned a system of false accounting returns to hide from tax authorities, for years (from 2005 to 2018), compensation in kind from some senior leaders, notably Mr. Weisselberg, who testified at Trump’s impeachment trial. November, after pleading guilty in August.

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Weisselberg pleaded guilty to all charges and testified publicly in courtMr. Bragg stated.

The Trump Organization, which includes golf clubs, luxury hotels and real estate, tried to blame its former chief financial officer, asserting that it was the same Advertise under oath [avoir] “betrayal” trust [de] Society.

Trump is under investigation

If Donald Trump is not currently the subject of any indictment, Donald Trump will be the target of the legal action that piles up as he approaches a more difficult position than he could have hoped for in the race for the Republican nomination for the 2024 presidential election.

The special prosecutor, Jack Smith, has resumed work already being advanced by dozens of federal prosecutors and FBI police officers who have amassed a large body of evidence on the Republican leader’s maneuvering to challenge the 2020 presidential election and the actions of his supporters leading up to the January 6, 2021 unrest.

From October 2023, the billionaire will appear in New York, along with three of his children, Donald’s son, Eric and Ivanka, who, like them, are accused of fraudulent tax practices within the Trump Organization.

But it will be a civil trial.

In this case, the New York State Attorney General, Letitia James, is accusing the Trump family of committing it Deliberately Manipulating the valuation of the group’s assets to obtain more beneficial loans from banks or to reduce their taxes.

It is seeking $250 million in damages on behalf of the state, as well as a ban on corporate governance for the former president and his relatives.

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