It's not great news for Donald Trump, but it could have been worse.
Former Trump Organization chief financial officer (CFO) Allen Weisselberg pleaded guilty on August 18 to 15 counts of fraud and tax evasion.
The 15 counts were part of a plea deal that does require Weisselberg to testify against the Trump Organization.
That's obviously not great news for Trump until you realize that also included in the plea deal was no requirement to actually testify against Donald Trump.
Weisselberg was accused of receiving benefits such as having school tuitions covered, a car, and free rent without reporting the value to the IRS.
The value of the fringe benefits was estimated at a total of $1.7 million over 15 years.
Donald Trump is not implicated in the wrongdoing.
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