Current:Home > ScamsFormer Trump Organization CFO Allen Weisselberg released from jail -ProgressCapital
Former Trump Organization CFO Allen Weisselberg released from jail
View
Date:2025-04-22 18:34:36
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! (1)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 1 of 5 people shot at New York’s West Indian American Day Parade has died
- On Labor Day, think of the children working graveyard shifts right under our noses
- NFL hot seat rankings: Mike McCarthy, Nick Sirianni among coaches already on notice
- 3 years after the NFL added a 17th game, the push for an 18th gets stronger
- Congo says at least 129 people died during an attempted jailbreak, most of them in a stampede
- Missouri officer dies after crashing into a tree during high speed chase
- Prince Carl Philip and Princess Sofia of Sweden Expecting Baby No. 4
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- George and Amal Clooney walk red carpet with Brad Pitt and Ines de Ramon
Ranking
- Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
- Murder on Music Row: Phone calls reveal anger, tension on Hughes' last day alive
- 8-year-old Utah boy dies after shooting himself in car while mother was inside convenience store
- Lady Gaga and Fiancé Michael Polansky's Venice International Film Festival Looks Deserve All The Applause
- Intel's stock did something it hasn't done since 2022
- Real Housewives of Beverly Hills Star Kyle Richards Says This $29.98 Bikini Looks Like a Chanel Dupe
- Explosion levels southwest Louisiana home, killing teen from Alabama and injuring 5
- 'The Bachelorette' ex who made surprise appearance said show left out 'juicy' interview
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Suspect in custody after series of shootings left multiple people injured along I-5 near Seattle
Sicily Yacht Tragedy: Autopsy Reveals Passengers Christopher and Neda Morvillo Drowned Together
Pregnant Cardi B Shuts Down Speculation She Shaded Nicki Minaj With Maternity Photos
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
2024 US Open: Here’s how to watch on TV, betting odds and more you should know
Meet the Hunter RMV Sherpa X-Line, the 'affordable' off-road RV camper
You Have 24 Hours To Get 50% Off Ashley Graham’s Self-Tanner, Madison LeCroy’s Eye Cream & $7 Ulta Deals