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Trump CFO Allen Weisselberg potentially pleading guilty to perjury charge

Donald Trump during speech.

The former chief financial officer of the Trump Organization, Allen Weisselberg, is reportedly considering pleading guilty to a perjury charge, marking his second potential guilty plea. Weisselberg, who spent decades assisting in the management of Donald Trump's family business, recently served a 100-day sentence at Rikers for his involvement in a 15-year tax fraud scheme within the Trump Organization.

New reports from the New York Times suggest that Weisselberg is engaged in discussions regarding a potential plea deal related to Trump's ongoing civil fraud trial. If he pleads guilty, Weisselberg would be confessing to lying under oath during his own testimony. The timing of these developments is crucial, as the judge overseeing the case is currently deliberating on the penalty, which could have significant ramifications on Trump's real estate empire. The attorney general, in their closing arguments, requested over $370 million from Trump.

While the precise statement that may lead to the perjury charge remains undisclosed, evidence highlighted in previous reporting alludes to emails and notes written by Weisselberg that are believed to be central to the matter. During the trial, Trump was accused of exaggerating his net worth, including falsely claiming that his penthouse spanned 30,000 square feet, when it was actually just 10,996 square feet. Weisselberg attempted to distance himself from Trump's financial statements, but his claim of limited involvement was contradicted by documented conversations he had with reporters over the years.

In fact, there are records of Weisselberg discussing the penthouse extensively, insisting at times that it was even larger than Trump claimed, possibly 33,000 square feet. These documented conversations directly contradict his testimony during the trial where he attempted to downplay his role.

It is worth noting that the prosecutor's office, after reading the report, reexamined documents provided by the Trump Organization and conducted a forensic analysis. However, no action was taken against the reporters responsible for the article. The evidence presented by the reporters includes tapes of Trump himself misrepresenting the size of his penthouse and records of conversations with Weisselberg. All of this information has been made public and is readily available.

The significance of these developments lies not only in Weisselberg potentially facing another guilty plea but also in the potential consequences for Donald Trump and his real estate enterprise. As the judge deliberates over the penalty, the outcome could jeopardize the financial stability of Trump's properties. The situation continues to unfold, requiring close attention to the legal proceedings and the potential impact on both Weisselberg and Trump's business interests.

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