The Trump Organization’s chief financial officer is close to reaching a plea deal in a case investigating whether he benefited from off-the-books income to himself and other company executives, but allegedly But the potential deal doesn’t bring prosecutors any closer to their headquarters. Target: Former President Trump.
The New York Times reported Monday, citing two people with knowledge of the matter, that Alan Wesselberg and his attorneys met with a judge and that the case is scheduled to be heard Thursday, pending a possible settlement. indicates arrival.
A person familiar with the matter told The Times that a possible deal could mean Wesselberg would face a much lesser sentence of five months in prison.
Prosecutors had hoped that Wesselberg would eventually testify against Trump himself, but ultimately declined despite reaching a possible plea deal.
Last June, criminal charges were filed against Wesselberg and the Trump Organization over allegations that the company avoided paying taxes on fringe benefits such as cars, apartments and other bonuses received by the company.
The case is being investigated by the Manhattan district attorney’s office, which has filed 15 criminal charges against Weiselberg and the Trump Organization, including fraud, conspiracy and falsifying business records. Legal experts say the executive could face up to 15 years in prison if convicted, although various sentencing factors could lower that number.
The district attorney’s office did not immediately return a request for comment from The Hill.
The case is separate from the statement Trump made last week regarding an investigation by New York Attorney General Letitia James (D) into allegations that the Trump Organization misrepresented the value of assets and lied to creditors and tax authorities. Misled?
Trump said he invoked his Fifth Amendment right during the deposition, and his lawyer later told The Times that he only answered one question about his name.
The FBI also searched his Mar-a-Lago estate a week ago, in an unprecedented operation in which authorities seized documents, some of which were marked as highly classified. had gone.
An unsealed search warrant made public Friday revealed that federal law enforcement officials suspect Trump violated the Espionage Act and other laws.
Updated at 7:36 p.m.
For the latest news, weather, sports and streaming video, head to The Hill.