Prosecution rests in Trump Organization's tax fraud case
Source: Associated Press
Prosecution rests in Trump Organization’s tax fraud case
By MICHAEL R. SISAK
November 21, 2022
NEW YORK (AP) — Prosecutors in the Trump Organization’s criminal tax fraud trial rested their case Monday earlier than expected, pinning hopes for convicting Donald Trump’s company largely on the word of two top executives who cut deals before testifying they schemed to avoid taxes on company-paid perks.
Allen Weisselberg, the company’s longtime finance chief, and Jeffrey McConney, a senior vice president and controller, testified for the bulk of the prosecution’s eight-day case, bringing the drama of their own admitted wrongdoing to a trial heavy on numbers, spreadsheets, tax returns and payroll records.
Weisselberg, who pleaded guilty in August to dodging taxes on $1.7 million in extras, was required to testify as a prosecution witness as part of a plea deal in exchange for a promised sentence of five months in jail. McConney was granted immunity to testify.
The Trump Organization’s lawyers are expected to start calling witnesses Monday afternoon, likely beginning with an accountant who handled years of tax returns and other financial matters for Trump, the Trump Organization and hundreds of Trump entities.
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Read more: https://apnews.com/article/business-new-york-donald-trump-government-and-politics-7093d1cea94e8f3cbcff449a2d0df09f