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Former Trump CFO Weisselberg Nears Guilty Plea in Ongoing Legal Drama

by Jessica

In the latest development, reports have emerged suggesting that Allen Weisselberg, the former Chief Financial Officer of the Trump Organization, is currently in talks to plead guilty to perjury, according to information disclosed by the New York Times on Thursday.

This revelation stems from an October report by Forbes, alleging that Weisselberg provided false information under oath regarding the Trump Tower penthouse’s size during his testimony.

Insiders familiar with the matter suggest that Weisselberg may need to admit to lying during his testimony in former President Donald Trump’s ongoing civil fraud case in New York.

The situation is complicated by a clause in Weisselberg’s $2 million severance package from the Trump Organization, aimed at preventing him from cooperating with law enforcement unless legally compelled to do so.

However, legal experts, including CNN Senior Legal Analyst Elie Honig, indicate that such a provision is likely unenforceable.

Honig speculates that Judge Arthur Engoron, overseeing the case, might delay a ruling, considering the possibility that Weisselberg may have lied during his testimony.

Judge Engoron had previously issued a summary judgment in September, finding the Trump Organization and its officers liable for fraud. He is currently deliberating whether to impose the $370 million fine sought by New York Attorney General Letitia James.

The potential impact on Donald Trump is a point of concern, as noted by Honig. If Weisselberg pleads guilty to perjury, it could undermine his credibility as a witness in the case.

While Judge Engoron may have already discredited Weisselberg’s testimony due to contradictions with factual evidence, the revelation of perjury could further harm the Trump Organization’s position in the verdict.

Honig highlights the implications for Donald Trump, stating that the outcome of the verdict could be problematic for the former president, considering he is on the receiving end of the case.

Notably, Weisselberg’s deal with prosecutors, as revealed in a recording, does not necessarily involve him cooperating against Donald Trump. This detail aligns with Honig’s expectations.

Another noteworthy aspect emphasized by Honig is the clause in Weisselberg’s severance agreement, which stipulates that he should not cooperate with law enforcement unless legally obligated.

Expressing shock at this provision, Honig deems it a “stunning” and unprecedented detail. He questions the enforceability of such a clause, underscoring how it could undermine the efforts of prosecutors.

As the legal intricacies surrounding Weisselberg’s potential guilty plea continue to unfold, the case adds another layer of complexity to the ongoing legal battles involving the Trump Organization.

The unprecedented clauses in Weisselberg’s severance agreement contribute to the broader narrative, raising questions about legal ethics and the extent to which such provisions can impact ongoing investigations and legal proceedings.

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