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08-19-2022, 06:28 AM
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#1
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BANNED
Join Date: Feb 3, 2021
Location: Smithville
Posts: 586
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What? No thread about Allen Weisselberg pleading guilty to more than 12 felonies?
Didn't Fox cover this? This guy was CFO of the Trump Company.
Both he and the Trump Organization were indicted last year for more than 12 felonies including criminal tax fraud and grand larceny. He pled out and agreed to testify against the company if needed.
Allen Weisselberg, longtime Trump executive, pleads guilty to tax fraud
NEW YORK — Allen Weisselberg, the longtime top financial officer of former president Donald Trump’s company, pleaded guilty on Thursday to committing more than a dozen felonies, including criminal tax fraud and grand larceny.
Weisselberg and the Trump Organization were indicted last year by authorities in New York who charged them with concealing certain financial compensation as part of what they called a years-long scheme to avoid paying taxes. The case is part of the churning legal maelstrom still surrounding Trump and his close allies, with local, state and federal authorities scrutinizing everything from his namesake business to his handling of classified government documents since leaving office.
Appearing in a Manhattan courtroom, Weisselberg, 75, acknowledged his part in the scenario outlined by prosecutors — and agreed to testify, if called, at a pending trial for the company. As part of his plea agreement, Weisselberg, Trump’s close and trusted associate for decades, would spend five months in jail, followed by five years of probation.
Weisselberg spoke sparingly during the hearing, answering “yes” to affirm his activities and guilt on every count. His future testimony, however, could prove damaging for the former president’s namesake company, which prosecutors say carried out “a sweeping and audacious illegal payments scheme.”
Weisselberg’s sentence depends on him “testifying truthfully” at the Trump company’s trial, according to the district attorney’s office.
The plea agreement “directly implicates” the Trump Organization in a “wide range of criminal activity,” Manhattan District Attorney Alvin Bragg said in a statement.
“Furthermore, thanks to the incredibly hard work and dedication of the team prosecuting this case, Weisselberg will spend time behind bars,” Bragg said. “We look forward to proving our case in court against the Trump Organization.”
The former president and those close to him have assailed the case, tying it to the thicket of other investigations and scrutiny that he routinely characterizes as a coordinated “witch hunt” by Democrats who dislike him.
In a statement, his company called Weisselberg “a fine and honorable man who, for the past 4 years, has been harassed, persecuted and threatened by law enforcement, particularly the Manhattan District Attorney, in their never ending, politically motivated quest to get President Trump.”
Weisselberg, the company’s statement said, pleaded guilty “in an effort to put this matter behind him and get on with his life.” The company pledged that the two corporate entities charged alongside Weisselberg would not make any plea deal, denying any wrongdoing, and said “we now look forward to having our day in court.”
Jury selection in the Trump Organization’s trial is scheduled to begin in late October, which the company noted was “just days before the midterm elections.”
Word that Weisselberg was expected to reach a plea deal emerged on Monday, his 75th birthday. A person with knowledge of the matter, who spoke on the condition of anonymity to discuss sensitive negotiations, said then that he was not expected to help with an ongoing inquiry into the former president. Weisselberg’s indictment in July 2021 was in part an effort to secure his cooperation against Trump, people with knowledge of the strategy said last year.
“In one of the most difficult decisions of his life, Mr. Weisselberg decided to enter a plea of guilty today to put an end to this case and the years-long legal and personal nightmares it has caused for him and his family,” Nicholas Gravante Jr., an attorney for Weisselberg, said in a statement. “Rather than risk the possibility of 15 years in prison, he has agreed to serve 100 days. We are glad to have this behind him.”
Bragg, who took office earlier this year, has faced public pressure over his office’s investigation into Trump. Two veteran prosecutors involved in the case resigned in protest after learning Bragg would not authorize them to seek an indictment against the former president. Bragg made a public statement in the spring saying the investigation was continuing, and his office reiterated that on Thursday.
“For years, Mr. Weisselberg broke the law to line his own pockets and fund a lavish lifestyle,” New York Attorney General Letitia James (D), who also is investigating Trump and his business practices, said in a statement. “Today, that misconduct ends. Let this guilty plea send a loud and clear message: we will crack down on anyone who steals from the public for personal gain because no one is above the law.”
The former president, who is said to be plotting another bid for the White House, is facing a swell of legal scrutiny, including probes examining efforts to overturn the 2020 election, his handling of classified documents after leaving office, his taxes and his actions related to the Jan. 6, 2021, riot at the U.S. Capitol.
Underscoring the array of probes and legal jeopardy facing the former president and others in his orbit, Weisselberg’s plea came the same day as a hearing in South Florida about whether an affidavit submitted before an FBI search of Trump’s residence might be publicly released.
A day earlier, former New York mayor Rudy Giuliani, who has worked as Trump’s lawyer, appeared before a Georgia grand jury as part of a criminal probe into efforts to overturn the 2020 election. Giuliani has been informed he is a target of that investigation, according to his lawyers.
For Weisselberg, who has worked for the Trump family for nearly 50 years, the plea deal signals a seeming endgame to his criminal case that sidesteps a trial in the heart of Manhattan, which would have been likely to draw significant media attention.
In the indictment last year, Weisselberg was described as “one of the largest individual beneficiaries” of what prosecutors depicted as a wide-ranging, long-running scheme.
The indictment alleges that the Trump Organization paid the rent and utilities for a Manhattan apartment where he lived, and financed the leases for the Mercedes-Benz cars for Weisselberg and his wife, but failed to report this as income and pay the necessary taxes. The indictment also said he “intentionally omitted” his compensation from his tax returns.
All told, the indictment said, Weisselberg obscured about $1.7 million in his compensation from tax authorities over a period from 2005 through 2017, dodging “hundreds of thousands of dollars in federal, state, and local taxes.”
As part of the plea deal outlined in court, Weisselberg agreed to repay the taxes he owed, along with penalties and interest— a total of $1.9 million, the district attorney’s office said. And if he does not live up to the plea deal, he could face a harsher sentence imposed by the court."
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08-19-2022, 07:56 AM
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#2
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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That does not bode well for the Trump organization.
And I forget who headed that organization during the time frame of these crimes?
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08-19-2022, 08:01 AM
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#3
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,077
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It wasn’t Junior or the “piece of ass.”
I’ll go with the “reality TV host”
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08-19-2022, 08:37 AM
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#4
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Valued Poster
Join Date: Jun 5, 2017
Location: austin
Posts: 22,790
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The newest claim thats gonna bring Trump down. lolling
Try and try But always the acme coyote.
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08-19-2022, 08:59 AM
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#5
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,077
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If it walks like a duck…
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08-19-2022, 11:35 AM
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#6
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by winn dixie
The newest claim thats gonna bring Trump down. lolling
Try and try But always the acme coyote.
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You think Trump hasn't already been brought down?
Good Lord man....he lost in 2020!
His lawyer got 3 years.
This guy is getting 6 months....6 months if he doesn't lie in further testimony. 5-15 years if he does lie.
The Teflon Don , John Gotti, was invincible until he wasn't.
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08-19-2022, 02:57 PM
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#7
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Valued Poster
Join Date: Jun 5, 2017
Location: austin
Posts: 22,790
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Quote:
Originally Posted by WTF
You think Trump hasn't already been brought down?
Good Lord man....he lost in 2020!
His lawyer got 3 years.
This guy is getting 6 months....6 months if he doesn't lie in further testimony. 5-15 years if he does lie.
The Teflon Don , John Gotti, was invincible until he wasn't.
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Similar stuff for 6 years and nada!
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08-21-2022, 01:50 AM
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#8
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 14,700
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When has the trump organization done well?
Leveraged to the hilt (still waiting for tax records to show otherwise,) members court ordered to take ethics classes, caught using non-profit to line their pockets so many times that it was ordered to be disband.
Old news.
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08-21-2022, 06:03 AM
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#9
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by winn dixie
Similar stuff for 6 years and nada!
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They said the same about John Gotti...
Let's recap...Trump lost the WH in 2020, caused the GOP to lose the Senate with his stupidity after losing.
How old is Trump?
And you think he can win in 2024? you sound a lot like a 2016 Clinton supporter before the election!
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08-21-2022, 08:55 AM
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#10
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Valued Poster
Join Date: Jun 5, 2017
Location: austin
Posts: 22,790
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Quote:
Originally Posted by WTF
They said the same about John Gotti...
Let's recap...Trump lost the WH in 2020, caused the GOP to lose the Senate with his stupidity after losing.
How old is Trump?
And you think he can win in 2024? you sound a lot like a 2016 Clinton supporter before the election!
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Never said trump will win. Im on record as saying we need to move on/away from trump
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08-21-2022, 09:35 AM
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#11
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by winn dixie
Never said trump will win. Im on record as saying we need to move on/away from trump
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L9ck him up!
Lock him up!!
Lick him up!!!
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08-21-2022, 11:54 AM
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#12
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Valued Poster
Join Date: Oct 31, 2019
Location: Miami, Fl
Posts: 5,667
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https://www.mediaite.com/uncategorized/fox-news-makes-clear-trump-org-cfo-will-not-testify-against-donald-trump-only-his-company-after-guilty-plea/
Trump Org. CFO Will NOT Testify Against Donald Trump, Only His Company After Guilty Plea
“Weisselberg is not going to be compelled to testify against former President Trump. This indictment only named Weisselberg and two corporate entities. It did not name President Trump,” Miller explained.
“Those two entities, the Trump Organization and its affiliated Trump Payroll Corporation are slated to go on trial in the fall. The plea deal struck today only requires Weisselberg to testify against the corporations, not against Mr. Trump. It also does not demand that he cooperate with prosecutors in any other legal proceedings,” Miller noted.
Miller then broke down exactly what Weisselberg had pleaded guilty to.
While Weisselberg’s testimony could end up being particularly damaging to the Trump Organization going forward, Trump himself will likely avoid any incrimination from his longtime finance executive.
So, once again, THIS trial will not bring down Trump. Maybe the next one, maybe not.
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08-21-2022, 01:41 PM
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#13
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 10,166
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...Hmmmm... "damaging to the Trump Organization"??
You mean like Government Officials claiming that
Trump colluded with the Russians? ... Damaging like THAT?
How much in "lost business deals" do you believe
that LIE actually cost the Trump Organization?
One o' these days I'm sure we'll find it out.
And what the illegal spying cost.
... You lads don't really believe that the Trump Organization
is gonna let the government get-away with THAT corruption - do you?
$$$$$$$$$$$
#### Salty
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08-21-2022, 01:52 PM
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#14
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Salty Again
...Hmmmm... "damaging to the Trump Organization"??
You mean like Government Officials claiming that
Trump colluded with the Russians? ... Damaging like THAT?
How much in "lost business deals" do you believe
that LIE actually cost the Trump Organization?
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Wrong thread bub....this is about Trump's right hand man flipping on him.
If they've convicted his right hand man of crimes that carry 5-15 years, I wonder what Trump is thinking right about now? Is he thinking about AL Capone?
Not his potential collusion with the Russians.
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08-21-2022, 01:53 PM
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#15
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Valued Poster
Join Date: May 20, 2017
Location: Kansas City
Posts: 5,453
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I wonder about the purpose of this thread. It has no political importance except in the minds of those with TDS. I ask the moderator to remove it for that reason. What someone did who works for Trump is, in this case, a criminal matter only. In fact, one could say that Trump is also a victim of this man. His organizations reputation has been harmed by another. He gave no orders. It was not policy. It was the work of a crooked man. Too bad that flies over the heads of those with TDS. Once again, I ask that this thread be stricken and any credit for another thread or posts be removed from the creator.
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