Trump Organization ex-CFO Allen Weisselberg expected to plead guilty, won't testify against Trump

Allen Weisselberg
(Image credit: Michael M. Santiago/Getty Images)

Former Trump Organization finance chief Allen Weisselberg met with New York prosecutors on Monday and is expected to plead guilty as soon as Thursday to tax fraud and other financial crimes, The New York Times and several other news organizations reported Monday evening. Weisselberg, however, has not agreed to cooperate in the Manhattan district attorney's broader criminal investigation into former President Donald Trump and his company or testify against Trump, the news organizations report.

The Manhattan district attorney's office indicted Weisselberg and the Trump Organization last year, charging them with "a sweeping and audacious illegal payments scheme" in which company executives avoided paying millions in taxes by accepting off-the-book perks like free apartments and leased luxury cars. Prosecutors say Weisselberg alone skipped paying taxes on $1.76 million in such benefits since 2005. Trump has not been accused of wrongdoing.

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.