As per his plea deal, Alan Weiselberg agreed to pay a fine of approximately $2 million.
Washington:
Alan Weiselberg, a longtime Trump Organization executive, was sentenced Tuesday to five months in prison on charges of fraud and tax evasion.
Wesselberg, 75, was chief financial officer of former President Donald Trump’s real estate and entertainment conglomerate from 2005 to 2021.
He pleaded guilty to 15 counts of tax fraud in August in a deal in which he agreed to testify in the criminal trial of his former employer’s company.
In a statement announcing the sentence, New York District Attorney Alvin Bragg called it a 13-year scheme to defraud federal, state and city officials.
Wesselberg’s testimony led prosecutors to indict the Trump Organization and sister firm Trump Payroll Corp. on 17 similar fraud and tax evasion charges on December 6, including falsifying business records.
Although he testified against the company, Weiselberg did not implicate the former president, who is seeking re-election to the White House in 2024, of any crimes.
A close friend of the Trump family, Wesselberg admitted that he conspired with the company to receive undeclared benefits, such as a rented apartment in a posh Manhattan neighborhood, luxury cars for him and his wife, and private visits for their grandchildren. school tuition.
According to his plea deal, Wesselberg agreed to pay nearly $2 million in fines and penalties in addition to serving jail time and a five-year probationary period.
Following the ruling against his family business in December, Trump announced on his social media platforms that the Trump Organization assumes no responsibility for “tax fraud committed by Weiselberg on his personal tax return”.
The former president, whose two sons currently run the company, called the New York case a “witch hunt.”
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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