PanaTimes

Sunday, Dec 03, 2023

Five things to know about Weisselberg’s guilty plea

Five things to know about Weisselberg’s guilty plea

Thursday’s guilty plea from former Trump Organization Chief Financial Officer Allen Weisselberg is a major development in New York officials’ multiyear investigation into the company led by former President Trump.

Weisselberg pleaded guilty to 15 separate charges including grand larceny and criminal tax fraud in an indictment filed in New York state Supreme Court, admitting to what authorities described as a 15-year tax evasion scheme for skipping out on taxes due on $1.76 million in income that wasn’t reported to the IRS.

Weisselberg was promised a sentence of five months in New York City’s Rikers Island prison — although that could be shortened to a little over three months — as well as five years’ probation. He will also have to make full repayment of taxes, penalties and interest due to the New York City and New York state tax authorities totaling $1,994,321.

Here are five things to know about Weisselberg’s plea deal.

The plea may be a consolation prize


The plea deal from a Trump Organization representative close to the former president may feel like something of a consolation prize for prosecutors who have been trying for a year to get Weisselberg to turn on Trump himself and not just Trump’s company.

Their aim has been to find evidence that the former president engaged in criminal activity, and securing the cooperation of a key Trump lieutenant like Weisselberg for their investigation could have been a step in that direction.

“It’s been widely publicly reported that the DA’s office was aggressively trying to flip Weisselberg against individuals and against Trump in particular, and he obviously held out on that and refused to deliver,” Danya Perry, a former federal prosecutor in the Southern District of New York, told The Hill in an interview.

But Weisselberg didn’t roll over. In fact, The New York Times reported that just after the deal was made, The Trump Organization held a birthday party for Weisselberg at Trump Tower.

Legal experts draw a sharp distinction between the sort of plea deal that Weisselberg agreed to and an actual cooperation agreement with federal prosecutors that could have led to much more substantive disclosures about the former president and his business practices.

“He got a plea deal. He did not get a cooperation agreement,” Perry said.

Legal experts say that the plea deal may actually be a step away from prosecuting Trump.

“The case against Donald Trump doesn’t seem to have any life left in it,” Daniel Alonso, who served as chief assistant district attorney under former Manhattan DA Cyrus Vance Jr., told The Hill. “This deal certainly doesn’t mean Trump is going to be prosecuted. It probably means the opposite. It really doesn’t incriminate him.”

The plea deal will factor into the trial of the Trump Organization


Weisselberg’s plea deal requires him to testify when the Trump Organization faces its own trial in October, and that could turn into a big win for prosecutors this fall as they go after Trump’s core business.

The Trump Organization is going on trial for nine out of the 15 counts that were brought against Weisselberg himself, which include charges of criminal tax fraud, conspiracy and falsifying business records.

The testimony of Weisselberg, the Trump Organization’s former chief financial officer, could make things difficult for the company.

“It’s going to make that defense very, very complicated for the Trump Organization,” Perry said.

Former assistant United States Attorney Andrew Weissman told The Hill in an interview that Weisselberg’s plea deal is going to make it much harder for the Trump Organization to make its defense.

“Because an organization acts through its people, this is the CFO saying that he did this, and these are not crimes that are unrelated to the organization, and the organization benefited directly from this,” he said.

There’s a big open question about Weisselberg’s deal with prosecutors


Legal experts say there’s one big unanswered question about Weisselberg’s deal.

What happens if prosecutors decide that he didn’t “testify truthfully” in the upcoming Trump Organization trial, as his plea deal requires him to do?

“The Court promised Weisselberg a sentence of five months in jail to be served on Rikers Island and five years’ probation, contingent on Weisselberg testifying truthfully in the upcoming criminal trial of the Trump Organization by providing truthful testimony as to the facts underlying his allocution and plea,” the Manhattan district attorney’s office said in a Thursday statement.

But if they ask him questions about how much Trump knew during the trial, and Weisselberg says he didn’t know anything, prosecutors might then say he’s not being fully truthful, and then all bets about the sentencing could be off.

“This is the one open question,” Alonso said. “What happens if he testifies that Trump had no knowledge of these schemes? Would the DA still vouch for Weisselberg’s truthfulness?”

Experts say the in-between nature of the plea deal, which is not a cooperation agreement but does compel testimony, makes it kind of an oddity.

“I’ve never heard of a deal like this,” Alonso said.

Weisselberg was not granted immunity from other crimes


Proper cooperation deals with federal prosecutors usually come with an immunity clause that says cooperating witnesses won’t be charged on other unrelated crimes. Weisselberg’s deal has no such clause.

Both Andrew Weissmann and Danya Perry said they were interested by the fact that Weisselberg was not granted full immunity for any other potential crimes.

“Typically, lawyers negotiate for coverage or immunity for any other crimes he might have committed so they can’t keep coming back,” Perry said. “Here, they didn’t do that.”

Daniel Alonso also said he found this surprising, but said it makes sense given the limited nature of Weisselberg’s deal.

“Why should the DA grant him that if he’s not cooperating fully? This is not a traditional cooperation agreement. If he’s doing less, then he’s getting less.”

There’s a legal full court press now against Trump


Most presidents leave office and fade into the background of American political life. But Weisselberg’s plea deal is just one of several legal events involving the former president that have kept his name in the news.

The most dramatic of these was the Aug. 8 FBI raid of Mar-a-Lago, which saw federal agents walk away from Trump’s Florida property with boxes of classified documents.

An unsealed search warrant revealed that the FBI is investigating Trump for three possible federal crimes, including concealing records “with the intent to impede, obstruct or influence” government activity, and possible violations of the Espionage Act.

There is also an ongoing investigation into Trump’s role in the Jan. 6, 2021, riot at the Capitol, as well as a civil investigation of Trump being conducted by New York Attorney General Letitia James.

Newsletter

Related Articles

PanaTimes
Close
0:00
0:00
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
Swedish Embassy in Baghdad Engulfed in Flames Amidst a Firestorm of Protests
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
An Ominous Shift in Warfare: Western Powers Risk War Crimes and Violate International Norms with Cluster Bomb Supply to Ukraine
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×