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Trump’s former top advisor expected to plead guilty to tax fraud

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2 years ago

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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.

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William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Money

ASX positioned for strong start after positive stock rebound

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13 hours ago

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September 10, 2024

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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News

Apple’s iPhone 16 event puts AI back into the spotlight

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13 hours ago

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September 10, 2024

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Leaders

Philadelphia prepares for the first debate between Harris & Trump

Published

14 hours ago

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September 10, 2024

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Philadelphia is bracing for a pivotal political showdown as it prepares to host the highly anticipated debate between Vice President Kamala Harris and former President Donald Trump.

The debate is seen as a critical moment in shaping public opinion ahead of the upcoming elections, drawing intense media coverage and public interest. #featured #trending

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