Current:Home > ScamsFormer Trump Organization CFO Allen Weisselberg released from jail -Elevate Profit Vision
Former Trump Organization CFO Allen Weisselberg released from jail
View
Date:2025-04-17 00:50:39
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 KatesG@cbsnews.com or grahamkates@protonmail.com
veryGood! (323)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Hacker tried to dodge child support by breaking into registry to fake his death, prosecutors say
- Arkansas county agrees to $3 million settlement over detainee’s 2021 death in jail
- Canada’s two major freight railroads may stop Thursday if contract dispute isn’t resolved
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Run to Score Loungefly Fan Gear Up to 70% Off: $12 Wallets & $27 Backpacks from Disney, Pixar, NFL & More
- The Latest: Walz is expected to accept the party’s nomination for vice president at DNC Day 3
- Target’s focus on lower prices in the grocery aisle start to pay off as comparable store sales rise
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Jennifer Lopez and Ben Affleck Break Up, File for Divorce After 2 Years of Marriage
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- How do I take workplace criticism as constructive and not a personal attack? Ask HR
- Here's What Jennifer Lopez Is Seeking in Ben Affleck Breakup
- Love Island USA’s Kenny Rodriguez Shares What Life Outside the Villa Has Been Like With JaNa Craig
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Iowa abortion providers dismiss legal challenge against state’s strict law now that it’s in effect
- Experts puzzle over why Bayesian yacht sank. Was it a 'black swan event'?
- Driver distracted by social media leading to fatal Arizona freeway crash gets 22 1/2 years
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
A new setback hits a Boeing jet: US will require inspection of pilot seats on 787s
Miami-Dade Mayor Daniella Levine Cava cruises to reelection victory
Gigi Hadid Shares Rare Glimpse of Daughter Khai Malik in Summer Photo Diary
See you latte: Starbucks plans to cut 30% of its menu
Fantasy football rankings: Sleeper picks for every position in 2024
What Ben Affleck Was Up to When Jennifer Lopez Filed for Divorce
Travis Kelce Scores First Movie Role in Action Comedy Loose Cannons