The MeidasTouch Podcast - Trump CFO STUNS with NEW FELONY Guilty Plea in NY
Episode Date: March 4, 2024MeidasTouch host Ben Meiselas reports on former Trump CFO Allen Weisselberg pleading guilty to perjury for lying during the NY civil fraud trial. Get up to 40% off for a limited time when you go to h...ttps://shopbeam.com/MEIDAS and use code MEIDAS to try Beam's best-selling Dream Powder! Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices
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If I said the phrase GAP, G-A-A-P, are you familiar with that acronym?
I've heard of that, yes.
Okay. Tell me everything you know about GAP. What is GAP?
Generally accepted accounting principles. I don't know what's in GAP. I never took the CPA exam.
Okay.
I never studied for it. So I don't know all the various components of what GAAP is.
Are there any components you know about what GAAP is?
Not really.
Okay.
No.
That was Donald Trump's former chief financial officer,
Allen Weisselberg, during his deposition in the New York Attorney General civil fraud case.
Now, Allen Weisselberg has pled guilty to two felony counts
of perjury in connection with lying during his sworn testimony in the New York Attorney General
civil fraud case. The perjury counts that he's pleading guilty to involve statements made during
depositions, the deposition that you saw there, where he claimed not to have knowledge about
Donald Trump's fraudulent representations regarding the various financial statements.
The charging documents actually included five felony counts, including statements that were
made while Allen Weisselberg was testifying during the New York Attorney General civil fraud trial itself,
although Weisselberg ultimately pled guilty to the two felony counts.
You'll recall that Trump's former chief financial officer, Weisselberg,
had also been convicted on tax fraud charges in his position as Donald Trump's chief financial officer.
Weisselberg served time at Rikers Island for the conviction that he pled guilty to.
Ultimately, the Trump organization was found guilty of over a dozen felony counts for tax fraud.
And Allen Weisselberg testified in that case.
Now, Allen Weisselberg is pleading guilty yet again to more felonies, this time for lying during a case that ultimately resulted in a verdict now with post and pre-judgment interest totaling over $464 million against Donald Trump and the Trump Organization. Also recall that Justice Arthur Ngoran requested of Weisselberg's lawyers a few weeks back
before Ngoran issued his sweeping decision finding the Trump Organization liable.
And Ngoran requested of Habba and Cliff Robert, the attorneys for Weisselberg and Trump, what
information they knew about whether or not Weisselberg was potentially entering into a felony plea
for his perjury.
And Haba and Cliff Robert then attacked Justice Arthur and Goran.
They claim not to know about it.
But as we discuss that, I'll do another hot take shortly on this topic.
Haba and Cliff Robert, under New New York law are under an affirmative obligation
to raise issues with the judge if they are aware that their client has committed perjury.
They are both, in my opinion, in serious, serious trouble. Let's take a look at the
charging document that was filed by the Manhattan District Attorney in this case. Let's take a look at it right here.
It says, beginning in 2019, pursuant to the New York State Executive Law.
It goes on to talk about how the New York Attorney General filed this lawsuit
under the executive law against Donald Trump and Weisselberg and others.
It then goes on to talk about the summary of perjury committed on July 17, 2020.
There are two counts there. On July 17, 2020, Weisselberg gave sworn testimony during a
deposition in the investigation. The deposition was provided under oath and was transcribed.
One of the properties of interest to the OAG investigation and discussed during the deposition
was Trump's triplex apartment located in Trump Tower in the year 2012 through 2016.
Trump valued his triplex by assigning it a size of 30,000 square feet.
In actuality, the triplex was only 10,996 square feet.
The discrepancy had the effect of inflating the value in some years by more than
200 million. During Weisselberg's testimony, he was repeatedly questioned about the triplex square
footage. Weisselberg testified that the use of the 30,000 square foot number between 2012 and 2017
came from an employee, number one, and that Weisselberg was unaware of the square footage.
And then it goes in to say that Weisselberg was aware of the square footage.
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And now back to the show.
It then goes into the May 12th, 2023 deposition involving Weisselberg.
And it then goes into the perjury that was committed during the trial itself,
where Weisselberg repeatedly lied about Donald Trump's financials.
Ultimately, Weisselberg pled guilty to two counts.
Sentencing will now be taking place in April and it appears that Weisselberg can be
sentenced up to about five months for this felony perjury that he has pled guilty to.
Here's the portion of the deposition where Donald Trump references Weisselberg. Let's play this clip.
To meet your obligation here
of presenting the information in accordance with GAAP.
Was Alan Weisselberg responsible for that? Object to the form. I would say yes.
I think this statement right here is just so on point by at Black Knight 10K. He goes, if there were such thing as a Biden org
and the CFO went to prison for fraud
and then was headed back to prison for committing perjury
after lying at a trial that cost Biden half a billion dollars,
the internet would explode.
But because it's the Trump organization,
it's just another Monday.
Here's a statement from the Manhattan District Attorney Alvin Bragg, who has secured these felony perjury guilty plea, this guilty plea by Weisselberg.
Manhattan District Attorney Alvin Bragg's spokesperson says, quote,
It's a crime to lie in a deposition and a trial, plain and simple.
Allen Weisselberg took an oath to be truthful and then committed perjury, both at depositions
during the New York State Attorney General's investigation and proceeding, as well as their
recent trial.
Today, Allen Weisselberg is pleading guilty to this felony and being held responsible
for his conduct.
Allen Weisselberg pleading guilty to those two counts
in a Manhattan criminal court.
The Manhattan District Attorney statement right there
was the, who ultimately charged Weisselberg
with the five counts and accepted the guilty plea
for the two counts.
Of course, you had Donald Trump ranting and raving
at Justice Arthur N Goran every single
day of the trial, talking about how unfair this is or how unfair that was. Let me just show you
one of those clips where Donald Trump would attack Justice and Goran, play the clip.
We have no rights whatsoever. Any company coming to New York would be crazy because it's a setup,
it's a rigged trial. We have a hostile group of people.
We have a very hostile judge.
I hate to say it.
We have a very, very hostile judge.
And I think everybody knows that.
And we see that.
But the good thing is we have all of the evidence on our side.
They have nothing.
And it's a case that should have never been brought.
I just read many, many articles saying this case is a disgrace to our nation.
But ultimately, folks, Donald Trump's chief financial officer, Alan Weisselberg, who you
just saw, is a felon many times over and was lying during the underlying civil fraud case against
Donald Trump. And you saw Donald Trump's testimony as well. And so I wonder if there will
be additional implications for Trump's testimony now as well and whether Weisselberg could
potentially be cooperating there. We'll keep you posted as we learn more. I'm Ben Micellis. This
is the Midas Touch Network. Hit subscribe. Let's get to 3 million subscribers together.
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