What S Next For The Trump Organization After Weisselberg S Appeal

Weiselberg, 75, took the deal Thursday, pleading guilty to 15 counts, including tax fraud and theft. Now he will potentially be the star player against the Trump Organization in a trial over what prosecutors say was a “sweeping and bold” scheme by the company to help top executives, including Weisselberg, avoid taxes on perks like luxury cars and rent-free . apartments. Here are the basics of the case and what Weisselberg’s decision to plead guilty means for Donald Trump and his family business. WHAT WERE ALLEN WEISELBERG AND THE TRUMP ORGANIZATION CHARGED WITH? Federal authorities said Weiselberg, the Trump Organization’s longtime chief financial officer, failed to pay taxes on more than $1.7 million in compensation. Among those perks: The Trump Organization paid the rent on his Manhattan apartment, covered private school tuition for his grandchildren, leased Mercedes-Benz cars for him and his wife, gave him cash to hand out as tips for the holidays and paid for flat screen TVs, carpets and furniture for his winter home in Florida. Weisselberg’s son also did not have to pay rent or below-market rent while living in Trump-owned apartments. SO AFTER ALL THIS — IS ALLEN WEISELBERG STILL THE FINANCIAL ADVISOR OF THE TRUMP ORGANIZATION? Weiselberg still works at the Trump Organization, but his title changed to senior adviser after the July 2021 indictment. WHY DID ALLEN WEISSELBERG DECIDE TO TAKE A PLEA AGREEMENT? In the words of Weisselberg’s lawyer, it was time to put an end to the years of “legal and personal nightmares it has caused him and his family.” The Trump Organization appeared to hold no hard feelings, calling Weiselberg a “good and honest man” who was “harassed, harassed and threatened by law enforcement.” WHAT ARE THE TERMS OF ALLEN WEISSELBERG’S PLEA AGREEMENT? A judge agreed to sentence Weisselberg to five months at New York’s notorious Rikers Island prison complex. With good behavior, he will be eligible for parole after just over three months. He will also have to pay nearly $2 million and spend five years on probation. Crucially, however, he must testify truthfully when the Trump Organization goes on trial in October. Weisselberg will not be formally sentenced until after the trial. Until then, he remains free on bail. WILL THE TRUMP ORGANIZATION ALSO MAKE A PLEA DEAL? In its statement, the company said it did nothing wrong and “looks forward to our day in court.” Both Weisselberg and the Trump Organization initially pleaded not guilty to the charges, arguing that the privileges were typical for the companies and that the investigation was politically motivated. Weisselberg’s agreement to testify, however, could materially hurt the company’s defense. That could increase pressure to settle the case without a trial. WHAT IS THE TRUMP ORGANIZATION REALLY DOING? It is a business entity through which Trump manages his many business affairs, including his investments in office towers, hotels and golf courses, his many marketing deals and his television pursuits. It operates golf clubs and hotels, collects checks from companies that rent offices, and charges licensing fees to buildings and others bearing the Trump name. WHAT DOES THIS MEAN FOR DONALD TRUMP? It is not clear. The Republican has not been charged in the case. Prosecutors have not alleged any personal misconduct by Trump. However, if his company is convicted of a crime, it could lead to hefty fines or complicate future business deals. A trial starting in October, just before the midterm elections, could also produce new revelations about the company’s business practices — though Trump supporters may not care. He said the whole affair is being cooked up by Democrats to hurt him politically.

title: “What S Next For The Trump Organization After Weisselberg S Appeal Klmat” ShowToc: true date: “2022-10-23” author: “Renee Gabel”

Weiselberg, 75, took the deal Thursday, pleading guilty to 15 counts, including tax fraud and theft. Now he will potentially be the star player against the Trump Organization in a trial over what prosecutors say was a “sweeping and bold” scheme by the company to help top executives, including Weisselberg, avoid taxes on perks like luxury cars and rent-free . apartments. Here are the basics of the case and what Weisselberg’s decision to plead guilty means for Donald Trump and his family business. WHAT WERE ALLEN WEISELBERG AND THE TRUMP ORGANIZATION CHARGED WITH? Federal authorities said Weiselberg, the Trump Organization’s longtime chief financial officer, failed to pay taxes on more than $1.7 million in compensation. Among those perks: The Trump Organization paid the rent on his Manhattan apartment, covered private school tuition for his grandchildren, leased Mercedes-Benz cars for him and his wife, gave him cash to hand out as tips for the holidays and paid for flat screen TVs, carpets and furniture for his winter home in Florida. Weisselberg’s son also did not have to pay rent or below-market rent while living in Trump-owned apartments. SO AFTER ALL THIS — IS ALLEN WEISELBERG STILL THE FINANCIAL ADVISOR OF THE TRUMP ORGANIZATION? Weiselberg still works at the Trump Organization, but his title changed to senior adviser after the July 2021 indictment. WHY DID ALLEN WEISSELBERG DECIDE TO TAKE A PLEA AGREEMENT? In the words of Weisselberg’s lawyer, it was time to put an end to the years of “legal and personal nightmares it has caused him and his family.” The Trump Organization appeared to hold no hard feelings, calling Weiselberg a “good and honest man” who was “harassed, harassed and threatened by law enforcement.” WHAT ARE THE TERMS OF ALLEN WEISSELBERG’S PLEA AGREEMENT? A judge agreed to sentence Weisselberg to five months at New York’s notorious Rikers Island prison complex. With good behavior, he will be eligible for parole after just over three months. He will also have to pay nearly $2 million and spend five years on probation. Crucially, however, he must testify truthfully when the Trump Organization goes on trial in October. Weisselberg will not be formally sentenced until after the trial. Until then, he remains free on bail. WILL THE TRUMP ORGANIZATION ALSO MAKE A PLEA DEAL? In its statement, the company said it did nothing wrong and “looks forward to our day in court.” Both Weisselberg and the Trump Organization initially pleaded not guilty to the charges, arguing that the privileges were typical for the companies and that the investigation was politically motivated. Weisselberg’s agreement to testify, however, could materially hurt the company’s defense. That could increase pressure to settle the case without a trial. WHAT IS THE TRUMP ORGANIZATION REALLY DOING? It is a business entity through which Trump manages his many business affairs, including his investments in office towers, hotels and golf courses, his many marketing deals and his television pursuits. It operates golf clubs and hotels, collects checks from companies that rent offices, and charges licensing fees to buildings and others bearing the Trump name. WHAT DOES THIS MEAN FOR DONALD TRUMP? It is not clear. The Republican has not been charged in the case. Prosecutors have not alleged any personal misconduct by Trump. However, if his company is convicted of a crime, it could lead to hefty fines or complicate future business deals. A trial starting in October, just before the midterm elections, could also produce new revelations about the company’s business practices — though Trump supporters may not care. He said the whole affair is being cooked up by Democrats to hurt him politically.

title: “What S Next For The Trump Organization After Weisselberg S Appeal Klmat” ShowToc: true date: “2022-11-09” author: “Marcus Ridge”

Weiselberg, 75, took the deal Thursday, pleading guilty to 15 counts, including tax fraud and theft. Now he will potentially be the star player against the Trump Organization in a trial over what prosecutors say was a “sweeping and bold” scheme by the company to help top executives, including Weisselberg, avoid taxes on perks like luxury cars and rent-free . apartments. Here are the basics of the case and what Weisselberg’s decision to plead guilty means for Donald Trump and his family business. WHAT WERE ALLEN WEISELBERG AND THE TRUMP ORGANIZATION CHARGED WITH? Federal authorities said Weiselberg, the Trump Organization’s longtime chief financial officer, failed to pay taxes on more than $1.7 million in compensation. Among those perks: The Trump Organization paid the rent on his Manhattan apartment, covered private school tuition for his grandchildren, leased Mercedes-Benz cars for him and his wife, gave him cash to hand out as tips for the holidays and paid for flat screen TVs, carpets and furniture for his winter home in Florida. Weisselberg’s son also did not have to pay rent or below-market rent while living in Trump-owned apartments. SO AFTER ALL THIS — IS ALLEN WEISELBERG STILL THE FINANCIAL ADVISOR OF THE TRUMP ORGANIZATION? Weiselberg still works at the Trump Organization, but his title changed to senior adviser after the July 2021 indictment. WHY DID ALLEN WEISSELBERG DECIDE TO TAKE A PLEA AGREEMENT? In the words of Weisselberg’s lawyer, it was time to put an end to the years of “legal and personal nightmares it has caused him and his family.” The Trump Organization appeared to hold no hard feelings, calling Weiselberg a “good and honest man” who was “harassed, harassed and threatened by law enforcement.” WHAT ARE THE TERMS OF ALLEN WEISSELBERG’S PLEA AGREEMENT? A judge agreed to sentence Weisselberg to five months at New York’s notorious Rikers Island prison complex. With good behavior, he will be eligible for parole after just over three months. He will also have to pay nearly $2 million and spend five years on probation. Crucially, however, he must testify truthfully when the Trump Organization goes on trial in October. Weisselberg will not be formally sentenced until after the trial. Until then, he remains free on bail. WILL THE TRUMP ORGANIZATION ALSO MAKE A PLEA DEAL? In its statement, the company said it did nothing wrong and “looks forward to our day in court.” Both Weisselberg and the Trump Organization initially pleaded not guilty to the charges, arguing that the privileges were typical for the companies and that the investigation was politically motivated. Weisselberg’s agreement to testify, however, could materially hurt the company’s defense. That could increase pressure to settle the case without a trial. WHAT IS THE TRUMP ORGANIZATION REALLY DOING? It is a business entity through which Trump manages his many business affairs, including his investments in office towers, hotels and golf courses, his many marketing deals and his television pursuits. It operates golf clubs and hotels, collects checks from companies that rent offices, and charges licensing fees to buildings and others bearing the Trump name. WHAT DOES THIS MEAN FOR DONALD TRUMP? It is not clear. The Republican has not been charged in the case. Prosecutors have not alleged any personal misconduct by Trump. However, if his company is convicted of a crime, it could lead to hefty fines or complicate future business deals. A trial starting in October, just before the midterm elections, could also produce new revelations about the company’s business practices — though Trump supporters may not care. He said the whole affair is being cooked up by Democrats to hurt him politically.

title: “What S Next For The Trump Organization After Weisselberg S Appeal Klmat” ShowToc: true date: “2022-10-22” author: “Mary Torrez”

Weiselberg, 75, took the deal Thursday, pleading guilty to 15 counts, including tax fraud and theft. Now he will potentially be the star player against the Trump Organization in a trial over what prosecutors say was a “sweeping and bold” scheme by the company to help top executives, including Weisselberg, avoid taxes on perks like luxury cars and rent-free . apartments. Here are the basics of the case and what Weisselberg’s decision to plead guilty means for Donald Trump and his family business. WHAT WERE ALLEN WEISELBERG AND THE TRUMP ORGANIZATION CHARGED WITH? Federal authorities said Weiselberg, the Trump Organization’s longtime chief financial officer, failed to pay taxes on more than $1.7 million in compensation. Among those perks: The Trump Organization paid the rent on his Manhattan apartment, covered private school tuition for his grandchildren, leased Mercedes-Benz cars for him and his wife, gave him cash to hand out as tips for the holidays and paid for flat screen TVs, carpets and furniture for his winter home in Florida. Weisselberg’s son also did not have to pay rent or below-market rent while living in Trump-owned apartments. SO AFTER ALL THIS — IS ALLEN WEISELBERG STILL THE FINANCIAL ADVISOR OF THE TRUMP ORGANIZATION? Weiselberg still works at the Trump Organization, but his title changed to senior adviser after the July 2021 indictment. WHY DID ALLEN WEISSELBERG DECIDE TO TAKE A PLEA AGREEMENT? In the words of Weisselberg’s lawyer, it was time to put an end to the years of “legal and personal nightmares it has caused him and his family.” The Trump Organization appeared to hold no hard feelings, calling Weiselberg a “good and honest man” who was “harassed, harassed and threatened by law enforcement.” WHAT ARE THE TERMS OF ALLEN WEISSELBERG’S PLEA AGREEMENT? A judge agreed to sentence Weisselberg to five months at New York’s notorious Rikers Island prison complex. With good behavior, he will be eligible for parole after just over three months. He will also have to pay nearly $2 million and spend five years on probation. Crucially, however, he must testify truthfully when the Trump Organization goes on trial in October. Weisselberg will not be formally sentenced until after the trial. Until then, he remains free on bail. WILL THE TRUMP ORGANIZATION ALSO MAKE A PLEA DEAL? In its statement, the company said it did nothing wrong and “looks forward to our day in court.” Both Weisselberg and the Trump Organization initially pleaded not guilty to the charges, arguing that the privileges were typical for the companies and that the investigation was politically motivated. Weisselberg’s agreement to testify, however, could materially hurt the company’s defense. That could increase pressure to settle the case without a trial. WHAT IS THE TRUMP ORGANIZATION REALLY DOING? It is a business entity through which Trump manages his many business affairs, including his investments in office towers, hotels and golf courses, his many marketing deals and his television pursuits. It operates golf clubs and hotels, collects checks from companies that rent offices, and charges licensing fees to buildings and others bearing the Trump name. WHAT DOES THIS MEAN FOR DONALD TRUMP? It is not clear. The Republican has not been charged in the case. Prosecutors have not alleged any personal misconduct by Trump. However, if his company is convicted of a crime, it could lead to hefty fines or complicate future business deals. A trial starting in October, just before the midterm elections, could also produce new revelations about the company’s business practices — though Trump supporters may not care. He said the whole affair is being cooked up by Democrats to hurt him politically.