Trump CFO Allen Weisselberg to plead guilty, could become prosecution witness: AP

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Trump CFO Allen Weisselberg to plead guilty, could become prosecution witness: AP
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Weisselberg is charged with taking more than $1.7 million in off-the-books compensation from the Trump Organization over several years.

Allen Weisselberg is expected to plead guilty to tax fraud charges. Derick Waller reports from Lower Manhattan.The legal troubles continue for former President Donald Trump and people surrounding him. A hearing in Lower Manhattan Thursday morning could result in jail time for one of Trump's closest associates.

Weisselberg is charged with taking more than $1.7 million in off-the-books compensation from the Trump Organization over several years, including untaxed perks like rent, car payments and school tuition. Weisselberg, 75, is likely to receive a sentence of five months in jail, to be served at New York City's notorious Rikers Island complex, and he could be required to pay about $2 million in restitution, including taxes, penalties and interest, the people said.Messages seeking comment were left with the Manhattan district attorney's office and lawyers for Weisselberg and the Trump Organization.

Former District Attorney Cyrus Vance Jr., who started the investigation, last year directed his deputies to present evidence to a grand jury and seek an indictment of Trump, according to former prosecutor Mark Pomerantz, who previously led the probe. Prosecutors alleged that the company gave untaxed fringe benefits to senior executives, including Weisselberg, for 15 years. Weisselberg alone was accused of defrauding the federal government, state and city out of more than $900,000 in unpaid taxes and undeserved tax refunds.

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