Guilty Plea By Trump Org. CFO Means ‘It’s All Over’ For Donald’s Company: Former Prosecutor

Allen Weisselberg, the former chief financial officer of the Trump Organization is on the verge of reaching an agreement with prosecutors in which he will plead guilty to multiple felony charges, including tax fraud.

The Washington Post notes, however, that Weisselberg will not agree to testify against Trump:

The specific terms of any plea agreement were not immediately clear. One of the people with knowledge of the matter, who spoke Monday on the condition of anonymity, said they expected Weisselberg to be sentenced to about five months behind bars. The person also said Weisselberg is not expected to help with an ongoing inquiry into Trump, who is facing legal scrutiny from multiple directions.

Weisselberg was charged with more than a dozen felony counts when he was indicted last year, among them grand larceny and criminal tax fraud. Before the indictment, a person familiar with the investigation into Trump’s finances had said prosecutors hoped to convince Weisselberg to testify against the former president as part of a deal that would reduce his own legal jeopardy.

Despite no cooperation from Weisselberg when it comes to helping convict Trump, according to former federal prosecutor Andrew Weissmann, the upcoming guilty plea is the end of Donald Trump’s company.

During an appearance on MSNBC, Weissmann explained:

“The reason that is important for Donald Trump is the Trump Organization is scheduled for trial in October. Once Allen Weisselberg pleads guilty, it is over for the Trump Organization. The crimes he committed, get imputed to the Trump Organization. So, the leverage in terms of the financial consequences to Donald Trump doesn’t mean he’s gonna go to jail, but the consequences for the Trump Organization are huge.”

Weissmann added that everything is falling apart for the disgraced ex-president on the legal front:

“This is a big deal. So, I think that would be number one, focus on the financial consequences of the Allen Weisselberg deal. And then, down the road, I mean, Lawrence, you laid out a litany of criminal and national security trouble, in Florida, in D.C., in Georgia. And this is a day where you saw a movement on all fronts. And to me, the thing that I thought was probably the most telling was the grand jury subpoena to Eric Herschmann. There is a guy who can completely corroborate what we heard from Cassidy Hutchinson. I am sure he has information.”

Could Donald Trump soon be facing imprisonment and the implosion of his corporation? It certainly looks that way, and it couldn’t possibly happen to a more deserving person.