“Stunning”: Experts think Trump CFO perjury caused judge to “slam the brakes” on fraud trial ruling
“Stunning”: Experts think Trump CFO perjury caused judge to “slam the brakes” on fraud trial ruling
Allen Weisselberg perjury deal could be “big nail in the Trump civil fraud coffin,” says Andrew Weissmann.
Allen Weisselberg perjury deal could be “big nail in the Trump civil fraud coffin,” says Andrew Weissmann
Allen Weisselberg, the former longtime chief financial officer of the Trump Organization, is negotiating a deal with Manhattan prosecutors to plead guilty to perjury, according to The New York Times.
The deal would require Weisselberg to admit that he lied while testifying at Trump’s recent civil fraud trial and in an earlier interview with the New York attorney general’s office, sources told the outlet.
The reported deal comes after a long pressure campaign by Manhattan District Attorney Alvin Bragg, whose team sought Weisselberg’s cooperation in several investigations into Trump’s business and alleged election crimes. Trump is scheduled for trial in Manhattan in March in the 2016 hush-money case.
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“Why has Judge Engoron not issued his decision on the Trump civil fraud? One reason could well be the news that the Trump chief financial officer may be pleading to lying to Judge Engoron in a way to help Trump,” tweeted former Mueller prosecutor Andrew Weissmann. “And the Judge is waiting for that to support his decision against DJT. This [would] be another big nail in the Trump civil fraud coffin.”
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Calling it now, Trump will be insolvent after Engorgon's decision.
Chapter 13, not Chapter 11
Wouldn't be surprised, he was rumored to be almost broke before he ran in 2016. He has made millions off his cult members, and all the foreign nationals that just wanted to fly 1/2 way around the world to spend money at a Trump hotel for "no reason", but he has been bleeding money since losing in 2020.
Not only that, but he can't use money from his political campaign for his legal battles. I think the latest figure from the court monitor put him at having $400mil on hand (with no Trump Org business transactions in 14 months), so with all the potential fines coming, plus anyone he owes money to, he's very likely insolvent and will have to sell off assets in a hurry or file for bankruptcy.
...or chance it and dip into his political funds, which surely are not being watched by multiple watchdog groups. /s
Ups the ante on winning. If he wins, he'll be untouchable as enough of Congress still remembers the flavor of his balls, and will therefore not impeach him.