The former chief financial officer of the Trump Organisation is expected to plead guilty to tax fraud
Allen Weisselberg is a long-time ally of Trump and is in talks to plead to the indictment.
Originally facing up to 15 years in prison, this new deal will see the former CFO instead receive a five-year sentence and to serve just 100 days behind bars.
Weisselberg will not sign up as a cooperator to the 15-year tax fraud scheme, but will testify at trial.
The Trump Organisation has been charged with 10 counts and Weisselberg with 15.
It all relates back to an alleged scheme in 2005, wherby Trump executives were compensated ‘off the books.’
Prosecutors allege the former CFO failed to pay taxes on $1.7 million in income.
