The Trump Organization’s former chief financial officer, Allen Weisselberg, is set to plead guilty to perjury on Monday for lying during the former president’s civil fraud trial.
Weisselberg, 76, has agreed to concede to Manhattan prosecutors that he lied to New York investigators probing allegations that Trump inflated his net worth to win favorable loanterms and benefits, the New York Times reported.
It is unclear how many charges he faces, and whether they will be misdemeanors or felonies, but sources told the Times that the plea deal could come as early as Monday. He is not expected to implicate his former boss.
Weisselberg’s plea comes after a New York judge found Trump liable for conspiring to manipulate his net worth, resulting in a $450 million fine against the former president.
The former Trump Organization CFO had previously labeled some of his boss’s “exaggerations” regarding his wealth and real estate just minor mistakes.
Monday’s guilty plea will be the second criminal conviction for Trump’s longtime trusted moneyman after he pleaded guilty in 2022 to 15 counts of tax fraud while working at the Trump Organization.
He had been sentenced to five months in prison at New York’s infamous Rikers Island jail before qualifying for supervised release.
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