Prasannkumar 
Trump firm CFO strikes plea deal requiring testimony in tax fraud case
Donald Trump’s chief financial administrator is expected to plead guilty to tax violations Thursday in a deal that would need him to testify about illicit business practices at the former president’s company, two people familiar with the matter told The Associated Press.
Allen Weisselberg is charged with taking over $1.7 million in off-the-books compensation from the Trump corporation over several years, including untaxed perks like rent, car payments, and school tuition.
The plea deal would need Weisselberg to speak in court Thursday about the company’s role in the alleged compensation arrangement and possibly serve as a witness when the Trump Organization goes on trial in October on related charges, the people said.
The two people were not authorized to speak publicly about the case and did so on the condition of anonymity. The plea deal and its information were also confirmed.
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 need to pay about $2 million in restitution, including taxes, and interest, the people said. If that punishment holds, Weisselberg would be eligible for release after about 100 days.
Messages seeking comment were left with the Manhattan district attorney’s office and lawyers for Weisselberg and the Trump Organization.
Weisselberg is the only person to face criminal charges so far in the Manhattan district attorney’s long-running investigation of the company’s business practices.
Seen as one of Trump’s most loyal business associates, Weisselberg was arrested in July 2021. His lawyers have argued the Democrat-led district attorney’s office was punishing him because he wouldn’t offer details that would damage Trump.
The district attorney has also been observing whether Trump or his company lied to banks or the government about the value of its properties to obtain loans or reduce tax bills.
Former District Attorney Cyrus Vance Jr., who started the investigation, last year directed his deputies to show evidence to a grand jury and seek an indictment of Trump, according to former prosecutor Mark Pomerantz, who previously led the probe.
But after Vance left office, his successor, Alvin Bragg, allowed the grand jury to disband without charges. Both prosecutors are Democrats. Bragg has said the examination is continuing.
The Trump Organization is not jumbled in Weisselberg’s expected guilty plea Thursday and is scheduled to be tried in the alleged compensation scheme in October.
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