Former Trump Organization CFO Pleads Guilty in $1.7 Million Tax Fraud Scheme

Former Trump Organization Chief Financial Officer Allen Weisselberg pleaded guilty Thursday to 15 counts of fraud and tax evasion, acknowledging his role in a multi-year scheme to avoid paying taxes on more than $1.7 million of his income.

Weisselberg, 75, entered a plea deal tied to his indictment by the Manhattan District Attorney’s Office investigating former President Donald Trump’s companies. It does not ask Weisselberg to assist in a larger investigation related to Trump, and the deal also will not implicate Trump.

Under the terms of the plea deal, Weisselberg received a five-month jail term and five years of probation, and with time granted for good behavior, he is expected to serve around 100 days behind bars