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The company's longtime chief financial officer had pleaded guilty to 15 felonies and testified against the Trump Organization, which was convicted last month and is set to be sentenced on Friday.
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AG Letitia James is seeking $250 million in damages and to bar Trump and his children from conducting business in New York state, where they built their fortune.
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Weisselberg entered his guilty plea in state court in lower Manhattan on Thursday. He's the latest person close to former President Trump to plead guilty or be convicted at trial of a felony.
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Allen Weisselberg was charged with multiple felonies for an alleged 16-year scheme to avoid paying taxes by compensating Weisselberg with untaxed benefits like a luxury apartment and car.
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Trump calls the ruling "a continuation of the greatest Witch Hunt in history."
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House Judiciary Committee Chairman Jerry Nadler, D-N.Y., says his panel is investigating allegations of obstruction of justice, corruption and abuse of power by the president and other officials.
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Michael Cohen was just the beginning. Lawmakers probably want to hear next from his infamous onetime real estate partner Felix Sater as well the Trump company CFO and the president's other associates.