Weisselberg testifies in Trump Organization trial
CBS News reporter Graham Kates talks about Allen Weisselberg's testimony today in the Trump Organization's fraud trial in New York. Weisselberg previously pleaded guilty in connection with the case.
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CBS News reporter Graham Kates talks about Allen Weisselberg's testimony today in the Trump Organization's fraud trial in New York. Weisselberg previously pleaded guilty in connection with the case.
Back in August, Weisselberg pleaded guilty to to 15 counts of fraud and tax evasion. Prosecutors agreed to recommend a five-month jail sentence in exchange for his testimony.
Private school tuition checks signed by Donald Trump and two of his sons figured into improper salary reductions, Allen Weisselberg said.
The payments highlight what appear to be the close links shared between the Republican Party and Donald Trump's personal and corporate legal apparatus.
Prosecutors allege Allen Weisselberg was part of a corporate scheme to help Trump Organization executives "cheat" their taxes.
The Weisselbergs, both sides in the case agree, lived large on the company dime.
The "investigation" led the company "to do things differently," the executive said during testimony in the Trump Organization's fraud trial in New York.
Prosecutors say Allen Weisselberg was a key player in a company fraud scheme. Trump Organization lawyers say he was acting on his own, motivated by "individual personal greed."
Jury selection began Monday in New York City in the criminal trial against the Trump Organization. The company faces charges including conspiracy, criminal tax fraud, and falsifying business records. CBS News senior investigative correspondent Catherine Herridge joined Anne-Marie Green and Vladimir Duthiers to discuss those charges, followed by Melissa Gomez, senior jury consultant and president of MMG Jury Consulting, LLC, who broke down the challenges of selecting an impartial jury in this case.
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The public may be closer to getting a look at the highly sensitive affidavit that explains why the FBI wanted to search former President Donald Trump's Mar-a-Lago home. Plus, longtime Trump associate Allen Weisselberg is headed to prison after pleading guilty in a tax fraud scheme. Senior investigative correspondent Catherine Herridge has the latest.
Allen Weisselberg, the longtime chief financial officer of the Trump Organization, has pleaded guilty to 15 federal counts of fraud and tax evasion. As part of the plea deal he will serve a 5-month sentence, pay $2 million, and be compelled to testify against the company in a trial later this year. CBS News legal analyst Rebecca Roiphe breaks down his plea and what it could mean for the company.
Allen Weisselberg, the longtime chief financial officer of the Trump Organization, pleaded guilty to 15 felony fraud counts in a New York City courtroom Thursday. He was sentenced to 5 months in jail and must repay nearly $2 million and testify in the company's upcoming trial. CBS News' Vladimir Duthiers and Anne-Marie Green talk with CBS News legal contributor Rebecca Roiphe about the breaking news.
Weisselberg's deal with prosecutors calls for a sentence of five months in New York's Rikers Island jail, followed by five years' probation.
Former Trump Organization CFO Allen Weisselberg has reached an agreement with Manhattan prosecutors and is expected to enter a guilty plea in a criminal tax fraud case. Plus, there are new developments in the Georgia grand jury probe into alleged efforts to overturn the 2020 election. CBS News congressional correspondent Scott MacFarlane and and CBS News investigative reporter Graham Kates have more on the two probes.
Allen Weisselberg, who spent decades in a top financial role in the Trump Organization, is expected to plead guilty to tax fraud charges in a New York courtroom on Thursday. CBS News investigative reporter Graham Kates has details on the case.
Weisselberg is not expected to provide information about Trump or the company as part of the deal.
A New York State judge ruled Friday that a criminal fraud and tax evasion prosecution against the Trump Organization and its former CFO, Allen Weisselberg, can proceed. CBS News senior investigative correspondent Catherine Herridge joins Lilia Luciano and Tanya Rivero with the latest on that case.
Weisselberg and the company had asked a judge to dismiss criminal fraud and tax evasion charged against them.
The former daughter-in-law of the Trump Organization's chief financial officer, Allen Weisselberg, was contacted multiple times by both the Manhattan district attorney's office and the state attorney general's office. CBS News investigative reporter Graham Kates joins CBSN's "Red & Blue" anchor Elaine Quijano with the latest developments in a pair of investigations into former President Trump and his real estate company.
The Manhattan district attorney could file charges against the Trump Organization as early as this week. While former President Trump is not expected to be charged personally, he issued a statement calling the investigation a partisan "witch hunt." CBS News Homeland Security and Justice reporter Nicole Sganga joins CBSN's "Red & Blue" anchor Tanya Rivero to discuss the potential case.
The company and former CFO Allen Weisselberg asked a judge in January to dismiss the criminal fraud and tax evasion case.
In Tuesday's filings, they claimed they were "improperly targeted....based on political animus"
The New York attorney general and Manhattan district attorney are looking into whether the Trump Organization broke the law by providing lower valuations of its properties to tax officers and higher estimates to potential lenders, according to The Washington Post. Jonathan O'Connell, a business reporter for The Washington Post, co-authored that report and joins CBSN's Elaine Quijano to discuss.
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The chief investment officer of AkademikerPension said the decision was not directly related to the rift between the U.S. and Greenland.
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors last August. Courts have so far allowed her to continue serving in her role while litigation continues.
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After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
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