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Former Trump Organization CFO Sentenced To Prison

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Former Trump Organization chief financial officer Allen Weisselberg has been sentenced to five months in prison for perjury stemming from former President Trump’s civil fraud case.  

Weisselberg pleaded guilty to two counts of felony perjury last month as part of a plea deal with the Manhattan district attorney’s office. 

The charges stemmed from a 2020 deposition with the New York attorney general’s office as it built its civil fraud case against the Trump Organization.

The Hill has more:

In his July 17, 2020, deposition with the attorney general’s office, state lawyers questioned Weisselberg over the size of Trump’s Manhattan triplex apartment in Trump Tower. The property was listed on the former president’s financial statements as 30,000 square feet in size but is actually less than 11,000 square feet.  

Weisselberg told state lawyers he “didn’t find out about the error” in the triplex’s listed size until Forbes reported it and that he was never present when Trump described the size of the property. He has now admitted that both remarks were untrue. 

The inquiry into Weisselberg’s perjury was spurred by his October testimony in the civil fraud trial, in which he was also a defendant. Without pleading guilty to a specific charge, he admitted as part of his plea deal that he falsely testified he “never focused” on the triplex throughout the course of his work for the Trump Organization. 

Prosecutors with the district attorney’s office said in charging documents that the Trump Tower triplex’s size was “material” to the attorney general’s investigation. 

The civil fraud trial ended earlier this year with a New York judge ruling that Trump and top executives, including Weisselberg, conspired to alter the former president’s net worth for tax and insurance benefits.  

Weisselberg was ordered to pay more than $1.1 million, plus interest, and barred for three years from serving in top leadership positions in any New York corporation or business entity. He was also barred for life from serving “in the financial control function” of any New York business. 

Trump was ordered to pay $454 million, plus interest, and faced similar business-related penalties.

Weisselberg’s 5-month sentence marks his second stint in prison after the former CFO pleaded guilty in 2022 to evading nearly $2 million in taxes. He was sentenced to five months at the Rikers Island jail for tax evasion.

This is a breaking news story. Please check back for updates.

2 COMMENTS

  1. What a bunch of garbage! These people did nothing wrong, they just want to get Trump. When is Biden going to serve time for stealing documents while a Senator which is wrong? When is Biden going to serve time for selling national security secrets to our enemies for his own personal greed?

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