Current:Home > InvestFormer Trump Organization CFO Allen Weisselberg released from jail -DollarDynamic
Former Trump Organization CFO Allen Weisselberg released from jail
View
Date:2025-04-14 14:05:33
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! (3848)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Colorado coach Deion Sanders says last year's team had 'dead eyes', happy with progress
- Illinois Supreme Court upholds state's ban on semiautomatic weapons
- Hawaii trauma surgeon says Maui hospital is holding up really well amid wildfires
- Trump issues order to ban transgender troops from serving openly in the military
- Real Housewives Star Kyle Richards Shares the Must-Pack Travel Essentials for Your Next Trip
- Beyoncé, Taylor Swift fans have boosted Uber demand as both artists tour across the U.S.
- 50 essential hip-hop songs to celebrate 50 years: Grandmaster Flash, Jay-Z, Outkast, more
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Pamper Your Dogs and Cats With Top-Rated Amazon Pet Beds Under $45
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Tennessee agents investigate the death of a man in Memphis police custody
- Jennifer Hudson's 14-Year-Old Son David Looks All Grown Up in Birthday Video
- Judge in Trump Jan. 6 case issues order limiting use of sensitive material
- The company planning a successor to Concorde makes its first supersonic test
- Woman arrested after missing man's corpse found inside her Ohio home
- Parts of Maui are in ashes after wildfires blazed across the Hawaiian island. These photos show the destruction.
- West Virginia University outlines proposed program and faculty cuts
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Below Deck's Captain Lee Weighs in on the Down Under Double Firing Scandal
Minneapolis police search for suspects in backyard shooting that left 1 dead and 6 wounded
Real Housewives Star Kyle Richards Shares the Must-Pack Travel Essentials for Your Next Trip
What do we know about the mysterious drones reported flying over New Jersey?
California hiker falls to death in Wyoming’s Grand Teton National Park
Zoom's updated TOS prompted concerns about AI and privacy. Can the two go hand-in-hand?
3-year-old dies aboard migrant bus headed from Texas to Chicago