Trump CFO expected to plead guilty

Allen Weisselberg, a long-time employee of the Trump Organization, is expected to plead guilty to charges he helped the company cheat on its taxes.
1:37 | 08/18/22

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Transcript for Trump CFO expected to plead guilty
GIO? >> IT SURE WILL, TERRY. ALL RIGHT. THANK YOU SO MUCH. >>> WE TURN NOW TO THE PRESIDENT'S ONE-TIME RIGHT HAND MAN ALLEN WEISSELBERG EXPECTED TO BLEED GUILTY TODAY IN A TAX FRAUD CASE. AARON KATERSKY IS HERE WITH MORE. GOOD MORNING. >> Reporter: GOOD MORNING, GIO. FOR DECADES, HE'S BEEN A LOYAL TRUMP EMPLOYEE AND HE'S DUE HERE IN COURT IN A COUPLE OF HOURS WHERE HE'S EXPECTED TO PLEAD GUILTY TO HELPING THE TRUMP ORGANIZATION CHEAT ON ITS TAXES. FOR 15 YEARS, PROSECUTORS SAID WEISSELBERG WAS BEHIND A SCHEME TO PAY CERTAIN EXECUTIVES OFF THE BOOKS SO THE COMPANY COULD PAY LESS ON ITS PAYROLL TAXES AND THOSE EXECUTIVES COULD PAY LESS IN INCOME TAXES. WEISSELBERG HIMSELF IS SAID TO HAVE AVOIDED TAXES ON NEARLY $2 MILLION IN INCOME INCLUDING FRINGE BENEFITS LIKE A LUXURY APARTMENT, A COUPLE OF MERCEDES BENZ CARS FOR HE AND HIS WIFE, AND PRIVATE SCHOOL FOR HIS GRANDCHILDREN. HE'S CALLED TO SERVE UP TO FIVE MONTHS IN PRISON, BUT GIO, TAX EVASION WAS NEVER WHAT PROSECUTORS HERE WERE AFTER WHEN THEY FIRST BROUGHT THESE CHARGES. THEY WERE HOPING THAT WEISSELBERG WOULD FLIP, TURN ON FORMER PRESIDENT TRUMP HIMSELF, AND THAT HAS NOT HAPPENED. >> SO AARON, IF THIS PLEA HAPPENS AS EXPECTED, WHAT'S NEXT IN THE CASE? >> Reporter: WELL, WEISSELBERG IS GOING TO HAVE TO TESTIFY AGAINST THE TRUMP ORGANIZATION IN THIS COMPENSATION SCHEME, BUT THERE IS NOTHING IN HIS PLEA AGREEMENT THAT CALLS FOR HIM TO COOPERATE AGAINST FORMER PRESIDENT TRUMP HIMSELF IN A BROADER CRIMINAL INVESTIGATION. SO FOR NOW AT LEAST HERE, TRUMP APPEARS NO CLOSER TO FACING

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