‘Could lead to the end of the Trump Organization’: Ex-Watergate prosecutor explains parallels to Nixon

Trump Organization chief financial officer Allen Weisselberg being granted immunity could lead to the end of the company, former federal prosecutor Jill Wine-Banks explained on MSNBC.

Wine-Banks, who was a Watergate prosecutor, explained the news of Weisselberg's immunity in light of the other breaking news, including the investigation by the state of New York into the Trump Organization.

"Obviously the state has gotten the information from the investigation in the Southern District of New York and they are pursuing it," Wine-Banks told MSNBC's Ali Velshi. "And you are correct, it is something that Donald Trump cannot pardon anyone for, so it's significant.

Wine-Banks said that she believes, "there's something really significant in the fact that they grossed up the amount -- that shows that they knew that they were paying a sham invoice. If they had been actually reimbursing him, he wouldn't have to pay taxes on it."

"So that's pretty clear proof that the Trump organization is guilty," she concluded. "And, it also ... makes the crime at the state level a felony because they're concealing another crime."

"So I would say there's a couple of Watergate analogies, which is 'What did the president know and when did he know it?'" she noted.

"If he's smart and has a good immunity deal, he ought to get it all out now while he has immunity and that could really lead to the downfall of the Trump Organization," Wine-Banks concluded.

Watch: