Current:Home > NewsFormer Trump Organization CFO Allen Weisselberg released from jail -AssetLink
Former Trump Organization CFO Allen Weisselberg released from jail
Poinbank Exchange View
Date:2025-04-09 23:48:20
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! (3)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Addiction can lead to financial ruin. Ohio wants to teach finance pros to help stem the loss
- Trump asks a court to prevent Michigan secretary of state from leaving his name off the 2024 ballot
- Evacuations abound as Highland Fire in California is fueled by Santa Ana winds
- Sam Taylor
- Francis Lawrence Reveals Hunger Games & Ballad of Songbirds and Snakes Casts' Connection
- Potential cure for sickle cell disease raises few concerns for FDA panel
- North Dakota woman arrested for allegedly killing boyfriend with poison; police cite financial motives
- 51-year-old Andy Macdonald puts on Tony Hawk-approved Olympic skateboard showing
- States are getting $50 billion in opioid cash. And it's an issue in governor's races
Ranking
- A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
- Cornell student arrested after antisemitic threats made against Jewish campus community
- Hate crime charges filed in death of Sikh man after New York City fender bender
- Heidi Klum Is Unrecognizable in Her Most Elaborate Halloween Costume Yet With 9 Acrobats Helping
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- World Series showcases divide in MLB stadium quality: 'We don't want to have our hand out'
- Senior Chinese official visits Myanmar for border security talks as fighting rages in frontier area
- North Dakota woman arrested for allegedly killing boyfriend with poison; police cite financial motives
Recommendation
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
Effort underway to clear the names of all accused, convicted or executed for witchcraft in Massachusetts
West Virginia University vice president stepping down after academic and faculty reductions
Looking for a baked salmon recipe? What to know about internal temp, seasoning, more.
Taylor Swift Cancels Austria Concerts After Confirmation of Planned Terrorist Attack
Maui police release body camera footage showing race to evacuate Lahaina residents: This town is on fire
Hamas releases video of Israeli hostages in Gaza demanding Netanyahu agree to prisoner swap
Dairy Queen locations in NJ to forfeit $24,000 after child labor and wage violations, feds say