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Trump Organization's CFO Pleads Guilty In New York Tax Fraud Case

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Weisselberg pleads guiltyAllen Weisselberg, the chief financial officer of former President Donald Trump’s real estate business, pleaded guilty Thursday after reaching a deal with prosecutors for the Manhattan district attorney’s office, according to multiple news reports.

Weisselberg is the first individual to be criminally prosecuted as part of the DA’s investigation into the Trump Organization, a group of business entities owned by the former president.

Weisselberg admitted to the 15 counts he was charged with, but did not agree to disclose any information on Trump himself, according to The New York Times.

He will also have to pay a fine of about $2 million, according to the New York Post.

The deal requires Weisselberg to testify in the trial against the Trump Organization and speak to his involvement in devising the scheme with the company, the Times reported.

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