Trump needs cash, has to pay the fall guy and bagman.
|Weisselberg previously pleaded guilty to 15 felony tax charges. He admitted hiding the part of his salary that was paid through untaxed benefits like a luxury apartment, Mercedes-Benz leases for him and his wife, and private school tuition for his grandchildren.
The compensation was never reported to New York State or to the IRS.
As part of his plea deal, Weisselberg agreed to testify truthfully and to serve five months in jail.
During his testimony, which laid out the details of his criminal tax fraud, Weisselberg acknowledged that he still receives a $640,000 salary from the Trump Organization – though he has been placed on leave – and of hopes to receive an end-of year bonus.