A writer who chronicled Donald Trump’s rise to fame predicted the Trump Organization would be ‘shut down’

Tim O’Brien, author of Trump Nation, said in an interview with MSNBC on Friday that there are various signs of an impending collapse.

He said one of those signs is longtime Trump chief financial officer Allen Weisselberg, who reached a plea deal last week, according to Newsweek. Weisselberg, as Laura Italiano of Insider reported, admitted that the Trump Organization, under his responsibility as CFO, dodged payroll taxes for 15 years.

Weisselberg will have to testify against the Trump Organization.

“Weisselberg, if found to have lied during this testimony, could face up to 15 years in prison instead of the five-month sentence he would otherwise face,” O’Brien said, according to Newsweek. “So he’s going to be strongly urged to answer any questions prosecutors put to him about a wide range of financial issues within the Trump organization.”

O’Brien noted that the result could be that the Trump Organization could “eventually” “go bankrupt.”

“He’s already in a very vulnerable position,” he said, according to Newsweek. “Donald Trump is in the worst business you can imagine in the COVID era: urban real estate, and basically tourism and hospitality businesses, and he’s got a lot of debt to those businesses and he’s personally going to need an amount substantial. It’s also maybe financially. I think a lot of things are going to come to a head in the fall.