Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Trump executive pleads guilty to tax fraud, will testify at upcoming trial
Former Trump CFO Allen Weisselberg enters the courtroom in Manhattan Supreme Court on August 18, 2022 in New York City. - Weisselberg, a long-time employee of former US President Donald Trump's company, was charged with 15 felony counts in connection with an alleged scheme stretching back to 2005 that sought "to compensate Weisselberg and other Trump Organization executives in a manner that was 'off the books.'"Prosecutors allege Weisselberg failed to pay taxes on $1.7 million in income, including luxury perks, such as a Manhattan apartment, a pair of Mercedes-Benz cars and private school tuition for two family members. (Photo by Curtis Means / POOL / AFP)
Latest News
August 18, 2022

Trump executive pleads guilty to tax fraud, will testify at upcoming trial

NEW YORK, United States (AFP)— Allen Weisselberg, the long-time chief financial officer of the Trump Organization, pleaded guilty on Thursday to tax fraud and agreed to testify at an upcoming criminal trial of the former US president’s real estate company.

The 75-year-old Weisselberg, who served as CFO of the Trump Organization from 2005 to 2021, pleaded guilty to 15 counts of tax fraud, Manhattan District Attorney Alvin Bragg said in a statement.

Weisselberg admitted his involvement in a 15-year scheme with co-defendant the Trump Organization to defraud federal, New York State and New York City tax authorities, Bragg said.

Weisselberg is to serve five months in prison contingent on his testifying truthfully at the October criminal trial of the Trump Organization on tax fraud charges, Bragg said.

Weisselberg has steadfastly refused to deliver testimony against Donald Trump personally. The 76-year-old Trump served as president and owner of the Trump Organization until 2017, when he entered the White House.

But the former Trump Organization executive could face additional prison time if he fails to testify at the criminal trial of the real estate company.

Jury selection in the Trump Organization trial on tax fraud charges is scheduled to begin October 24, Bragg said.

In the plea agreement, Weisselberg admitted evading payment of taxes due on $1.76 million in unreported income. He will be required to repay nearly $2 million in taxes, penalties and interest.

“Today Allen Weisselberg admitted in court that he used his position at the Trump Organization to bilk taxpayers and enrich himself,” Bragg said.

“Weisselberg had the Trump Organization provide him with a rent-free apartment, expensive cars, private school tuition for his grandchildren and new furniture -– all without paying required taxes,” he said.

“This plea agreement directly implicates the Trump Organization in a wide range of criminal activity and requires Weisselberg to provide invaluable testimony in the upcoming trial against the corporation,” he said. “We look forward to proving our case in court against the Trump Organization.”

– Legal battles –

Trump’s business practices are the subject of a separate probe by New York Attorney General Letitia James and the former president was questioned for more than four hours last week in connection with that investigation.

According to US press reports, Trump, who is weighing another White House run in 2024, invoked his legal right not to answer questions more than 400 times during his deposition with James.

James suspects the Trump Organization fraudulently overstated the value of real estate properties when applying for bank loans, while understating them with tax authorities to pay less in taxes.

The New York cases are among myriad legal battles facing the former president.

FBI agents searched his palatial Mar-a-Lago residence in Florida on August 8 and seized documents marked “Top Secret,” “Secret” and “Confidential.”

The search warrant for the raid, which was personally approved by Attorney General Merrick Garland, directed the FBI to seize documents and records “illegally possessed” in violation of three criminal statutes, including one falling under the Espionage Act, which makes it a crime to illegally obtain or retain national security information.

Trump vehemently denounced the FBI raid on his home as a “witch hunt” and claimed that all of the material confiscated during the search had been previously “declassified.”

Trump is also facing legal scrutiny for his efforts to overturn the results of the November 2020 election and the January 6, 2021 attack on the US Capitol by his supporters.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Long lines, short tempers as fuel shortages grip western Jamaica after Hurricane Melissa
Latest News, News
Long lines, short tempers as fuel shortages grip western Jamaica after Hurricane Melissa
SANDENA JAMES, Social Media Editor 
November 1, 2025
TRELAWNY, Jamaica – There was mounting frustration in storm-ravaged western Jamaica on Thursday as fuel shortages continued to plague motorists severa...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Americans stranded in Jamaica amid Hurricane Melissa brought home by US non-profit
Latest News, News
WATCH: Americans stranded in Jamaica amid Hurricane Melissa brought home by US non-profit
Tourists commend hospitality shown by island’s hotel workers amid disaster
JULIAN RICHARDSON, Online content manager, richardsonj@jamaicaobserver.com 
November 1, 2025
KINGSTON, Jamaica – More than 300 Americans stranded in Jamaica following Hurricane Melissa departed the island Friday on rescue flights chartered by ...
{"jamaica-observer":"Jamaica Observer"}
Vaz gets tough on JPS as 66 per cent of customers remain in the dark
Latest News, News
Vaz gets tough on JPS as 66 per cent of customers remain in the dark
October 31, 2025
Like he did during Hurricane Beryl last year, Energy Minister Daryl Vaz has begun to get impatient with utility provider Jamaica Public Service (JPS),...
{"jamaica-observer":"Jamaica Observer"}
Much of Falmouth destroyed by Melissa – McKenzie
Latest News, News
Much of Falmouth destroyed by Melissa – McKenzie
October 31, 2025
Minister of Local Government, Desmond McKenzie, says he has been informed by the Mayor of Falmouth, Colin Gager, that the old, historic town was all b...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Golding calls for immediate support for residents in Westmoreland
Latest News, News
WATCH: Golding calls for immediate support for residents in Westmoreland
October 31, 2025
Opposition Leader Mark Golding is calling for immediate relief support for residents in Westmoreland severely affected by Hurricane Melissa. "It is ob...
{"jamaica-observer":"Jamaica Observer"}
Golden Krust to provide aid, donations to Jamaica
Latest News, News
Golden Krust to provide aid, donations to Jamaica
October 31, 2025
In the wake of the devastation caused by Hurricane Melissa in Jamaica, Golden Krust restaurant group says it is leading an effort in the United States...
{"jamaica-observer":"Jamaica Observer"}
Thrifty gas stations transitioning to 24 hour service to support residents
Latest News, News
Thrifty gas stations transitioning to 24 hour service to support residents
October 31, 2025
ST JAMES, Jamaica — Thrifty gas stations will extend service hours in key areas, plus coordinate direct delivery to hotels and essential services to e...
{"jamaica-observer":"Jamaica Observer"}
Import duty, GCT on hurricane relief items suspended
Latest News, News
Import duty, GCT on hurricane relief items suspended
Dana Malcolm | Observer Online Reporter | Malcolmd@jamaicaobserver.com 
October 31, 2025
KINGSTON, Jamaica — Import Duty and General Consumption Tax (GCT), have been suspended for one month on specific goods and items imported in support o...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct