The MeidasTouch Podcast Trump CFO STUNS with NEW FELONY Guilty Plea in NY
Mar 4, 2024
Former Trump CFO Allen Weisselberg stuns listeners with his guilty plea to felony perjury in a New York civil fraud trial. The ramifications of his testimony on property valuations could have serious consequences for the Trump Organization. The discussion delves into the deceit surrounding financial declarations and the ongoing legal battles stemming from Weisselberg's false statements. As this legal saga unfolds, the potential impact on Donald Trump's political future looms large over the conversation.
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Weisselberg's GAAP Knowledge
- Allen Weisselberg, Trump's former CFO, claimed ignorance of Generally Accepted Accounting Principles (GAAP) during a deposition.
- He stated he never took the CPA exam and didn't know GAAP components.
Weisselberg's Perjury Plea
- Weisselberg pled guilty to perjury for lying in the NY civil fraud trial, specifically about Trump's financial statements.
- He previously served time for tax fraud, and the Trump Organization was found guilty on multiple felony counts.
Perjury and the $464M Judgment
- Weisselberg's perjury plea relates to the NY civil fraud case that resulted in a $464M+ judgment against Trump.
- Justice Engoron questioned Weisselberg's lawyers about a potential plea deal before the verdict.