Ex-Trump executive Allen Weisselberg pleads guilty to tax fraud

Yahoo News Video

18 August 2022 at 4:40 pm

A longtime senior executive at Donald Trump's family business pleaded guilty on Thursday to helping it engineer a 15-year tax fraud, in an agreement that will require him to testify about the company's business practices.

Allen Weisselberg, the former chief financial officer at the Trump Organization, entered his plea to all 15 charges he faced in a New York state court in Manhattan before Justice Juan Merchan.

Video transcript

- Allen Weisselberg, the chief financial officer of Donald Trump's company, the Trump Organization, he was in court today to plead guilty to 15 counts, including tax evasion, related to a scheme that prosecutors say involved off the books compensation-- an apartment, cars, even the tuition for his grandchildren's private school.

Now Allen Weisselberg was charged last summer more than a year ago. He was the only Trump Organization executive charged in a three-year investigation being conducted by the Manhattan District Attorney's Office.

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Video transcript

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