Mr. Weisselberg told jurors that he had secured the trust of the Trump family by colluding with his men to hide more than a decade of extras from his income, including a free Manhattan apartment, a luxury car, and his grandson’s private school tuition. He said they falsified payroll records and issued falsified W-2 forms.
A Manhattan jury found the Trump Organization guilty last December, saying Weisselberg was a representative of “senior management” charged with acting on behalf of the company and its various entities. certified. Mr. Weisselberg’s arrangement reduced his own personal income tax, but also saved his company money by not having to pay him to cover the cost of his perks.
Prosecutors said other Trump Organization executives also accepted off-the-books compensation. In Weisselberg alone, the federal government, states, and cities have accused him of defrauding over $900,000 in unpaid taxes and unfair tax refunds.
The Trump Organization is due to be sentenced on Friday, facing fines of up to $1.6 million.
Weisselberg testified that neither Trump nor his family knew the plot was going on, and was choked when he told jurors:
But prosecutors said in closing arguments that Trump “knew exactly what was going on,” and evidence such as the lease he signed for Weisselberg’s apartment was “Mr. Trump is clear.” are sanctioned for tax evasion.”
Attorney for the Trump Organization, Michael van der Veen, said Weisselberg concocted the plan without the knowledge of Trump or the Trump family.
Weisselberg said Trump remained loyal to him after the 2016 election, even as the company rushed to end some of its questionable pay practices. He gave Trump a 20-year sentence after an internal audit found that the eldest sons entrusted with running the company when he was president had cut his salary and bonuses at the cost of benefits. He said he gave him a $10,000 raise.
Although he is currently on leave, the company continues to pay Weisselberg a $640,000 salary and a $500,000 holiday bonus. After he was arrested in July 2021, he punished him only nominally, reassigned him to senior adviser and moved his office.
He celebrated his 75th birthday with cake and colleagues at Trump Tower in August, just hours after finalizing a plea bargain that would lead to his conversion from loyal executive to prosecution witness.
Rikers Island, a complex of 10 prisons on land on the East River just off the main runway of LaGuardia Airport in Queens, has suffered in recent years from violence, inmate deaths and a staggering understaffing. It has been.
Only five miles from Trump Tower, it’s a world away from the lavish living Weisselberg planned to build. It’s a far cry from Weisselberg’s gilded Fifth Avenue office or Hudson River view apartment he got as a reward.
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https://www.smh.com.au/world/north-america/trump-executive-allen-weisselberg-gets-5-month-jail-sentence-20230111-p5cbp7.html?ref=rss&utm_medium=rss&utm_source=rss_world Trump Organization Executive Allen Weisselberg Sentenced to Five Months in Prison