Current:Home > ScamsFormer Trump Organization CFO Allen Weisselberg released from jail -BeyondWealth Learning
Former Trump Organization CFO Allen Weisselberg released from jail
View
Date:2025-04-14 19:04:26
Former Trump Organization chief financial officer Allen Weisselberg has once again been released from jail, according to New York City corrections records.
Weisselberg was sentenced April 10 to five months in New York City's Rikers Island jail complex, in line with a plea agreement reached with prosecutors over perjury he committed in a 2023 civil fraud case. He was released Friday, after 100 days, due to good behavior. It was his second 100-day stint in jail in just over a year.
Weisselberg pleaded guilty to two felony counts of perjury, admitting he gave false testimony regarding the size of former President Donald Trump's triplex apartment in New York during a July deposition. Prosecutors originally charged Weisselberg with three more counts of perjury, but Weisselberg's plea agreement allowed him to avoid pleading guilty to those charges.
One of those initial counts was related to false sworn testimony on May 12, 2023 in a discovery deposition. The other two counts stemmed from Weisselberg's Oct. 10, 2023, testimony in his civil fraud trial, in which he, Trump and other company executives were found liable for fraud.
The trial revolved around allegations by New York State Attorney General Letitia James that Trump, two of his sons, Weisselberg and others falsely inflated valuations of Trump Organization properties. A judge ordered the former president to pay more than $450 million, including interest, an amount attributed to "ill-gotten gains" from the scheme.
Weisselberg was found liable for fraud and ordered to pay $1 million plus interest. During the fraud trial, he acknowledged receiving $2 million in severance after leaving the Trump Organization.
Weisselberg committed perjury soon after he was released from jail following a previous guilty plea in a separate 2022 criminal tax fraud case against the company. A jury in that case found two subsidiaries of the Trump Organization guilty of 17 felony counts.
The Trump Organization entities were fined $1.6 million in the 2022 case. Trump was not personally charged in that case and denied any knowledge of fraud.
Weisselberg was released from that first five-month jail sentence after 100 days, also for good behavior, on April 19, 2023. He committed perjury during a deposition 32 days later, on May 21, 2023, according to Manhattan District Attorney Alvin Bragg..
He admitted to committing perjury again 55 days after that, during the July 17 deposition in the civil fraud case. And again 87 days later, on Oct. 12, while testifying during the trial.
Weisselberg's recent sentence saw him incarcerated while Trump himself stood trial as the first former president ever charged with crimes. At one point, the judge in that case asked prosecutors for Bragg and lawyers for Trump why Weisselberg wasn't called to the stand, having been identified as a potential witness to a falsification of business records scheme that Trump was convicted of in May.
Both prosecutors and Trump's attorneys demurred, indicating that neither wanted to call the twice-jailed perjurer as a witness for their side.
Graham KatesGraham Kates is an investigative reporter covering criminal justice, privacy issues and information security for CBS News Digital. Contact Graham at [email protected] or [email protected]
veryGood! (1)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- NFL Week 2 winners, losers: Patriots have a major problem on offense
- Newborn baby found dead in restroom at New Mexico hospital, police investigation underway
- Netanyahu visits Elon Musk in California with plans to talk about artificial intelligence
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Stock market today:
- Where are my TV shows? Frustrated viewers' guide to strike-hit, reality-filled fall season
- 2 years ago, the Taliban banned girls from school. It’s a worsening crisis for all Afghans
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Italy investigates if acrobatic plane struck birds before it crashed, killing a child on the ground
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- 2 charged with murder following death of 1-year-old at day care
- A Black student was suspended for his hairstyle. The school says it wasn’t discrimination
- UAW strike day 4: GM threatens to send 2,000 workers home, Ford cuts 600 jobs
- Trump issues order to ban transgender troops from serving openly in the military
- Irish Grinstead, member of R&B girl group 702, dies at 43: 'Bright as the stars'
- Halle Berry says Drake didn't get permission to use her pic for 'Slime You Out': 'Not cool'
- Idaho student murders suspect Bryan Kohberger followed victims on Instagram, says family
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
A look at the prisoners Iran and US have identified previously in an exchange
‘El Chapo’ son Ovidio Guzmán López pleads not guilty to US drug and money laundering charges
A new breed of leaders are atop the largest US unions today. Here are some faces to know
Woman dies after Singapore family of 3 gets into accident in Taiwan
Israel criticizes UN vote to list ruins near ancient Jericho as World Heritage Site in Palestine
U.K. leader vows to ban American bully XL dogs after fatal attack: Danger to our communities
Deion Sanders on who’s the best coach in the Power Five. His answer won’t surprise you.