Current:Home > NewsFormer Trump Organization CFO Allen Weisselberg released from jail -FundGuru
Former Trump Organization CFO Allen Weisselberg released from jail
View
Date:2025-04-12 09:35:50
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! (716)
Related
- What to watch: O Jolie night
- Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
- 2025 NFL Draft order: Updated first round picks after Week 10 games
- Suspected shooter and four others are found dead in three Kansas homes, police say
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Trump is likely to name a loyalist as Pentagon chief after tumultuous first term
- Chet Holmgren injury update: Oklahoma City Thunder star suffers hip fracture
- Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Week 10 fantasy football rankings: PPR, half-PPR and standard leagues
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Melissa Gilbert recalls 'painful' final moment with 'Little House' co-star Michael Landon
- South Carolina does not set a date for the next execution after requests for a holiday pause
- The 15 quickest pickup trucks MotorTrend has ever tested
- Travis Hunter, the 2
- Wisconsin’s high court to hear oral arguments on whether an 1849 abortion ban remains valid
- Early Black Friday Deals: 70% Off Apple, Dyson, Tarte, Barefoot Dreams, Le Creuset & More + Free Shipping
- Digital Finance Research Institute Introduce
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Trump breaks GOP losing streak in nation’s largest majority-Arab city with a pivotal final week
Kelly Rowland and Nelly Reunite for Iconic Performance of Dilemma 2 Decades Later
Firefighters make progress, but Southern California wildfire rages on
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Why the US celebrates Veterans Day and how the holiday has changed over time
Firefighters make progress, but Southern California wildfire rages on
Satellite images and documents indicate China working on nuclear propulsion for new aircraft carrier