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we are about to get answers finally. as a former prosecutor that has done a lot of indictments, the three big things i m looking for. first of all, what is the extent of the alleged fraud? how many dollars are we talking about, because the more fraud, the more pressure on weisselberg. if he committed over a million dollars in tax fraud, he will be looking at a maximum sentence of 25 years in jail. if it is a few thousand he could be looking at a misdemeanor which will bring little pressure are him to flip. second of all, will other trump organization executives be referenced in the indictment. we probably won t see proper names but prosecutors sometimes will use generic labels to refer to other people, official one, vice president, too. of course, we all remember the infamous reference to individual one, we knew that was donald trump. are we going to see references like that to other officials in the trump org? it can give us a sense where prosecutors are on potentially making cases

arraigned at this hour and is expected to plead not guilty. the trump organization released a statement about this, saying weisselberg, quote, is being used by the manhattan district attorney as a pawn in a scorched-earth attempt to harm the former president, end quote. cnn s paula reed joins us live outside of the courthouse in lower manhattan. these charges could be unsealed at any moment. what will be revealed here? reporter: well, we expect these charges will be related to alleged tax crimes stemming from allegations that employees at the trump organization received certain perks. alisyn, we are not talking about free coffee. the allegations are that employees were receiving things like free apartments, free cars, even free school tuition. these are the kinds of benefits that could amount to tens if not hundreds of thousands of dollars. so we do expect when these charges are unsealed they will be connected to alleged tax crimes. now, an attorney for mr. weisselberg has made it cl

he is vowing to fight these charges. but these charges today do increase the pressure on the long-time cfo to cooperate with prosecutors against his former boss, former president trump. now, so far weisselberg s team has told prosecutors he won t flip, he s not going to cooperate. but sometimes, alisyn, once you have criminal charges on the table and you have a chance to assess the strength of the evidence that can sometimes change one s mind. so we ll see what happens when these are unsealed, but at this point there is no indication that the former president or any member of his family will be charged any time soon. prosecutors will likely need at least one, maybe more cooperating witnesses or additional evidence before they would be able to go after the former president successfully. okay. paula reid, we will come back to you as soon as there are any developments. meanwhile, cnn senior legal analyst and former federal prosecutor ellie honig joins me now. we will be getting detail

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