Current:Home > MarketsFormer Trump Organization CFO Allen Weisselberg released from jail-Angel Dreamer Wealth Society D1 Reviews & Insights
Former Trump Organization CFO Allen Weisselberg released from jail
View Date:2025-01-11 09:39:38
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! (62571)
Related
- LSU leads college football Week 11 Misery Index after College Football Playoff hopes go bust
- Twitch star Kai Cenat can't stop won't stop during a 30-day stream
- Martha Stewart Shares Dating Red Flags and What Her Ideal Man Is Like
- Ukrainian pop duo to defend country's title at Eurovision, world's biggest song contest
- Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
- Hayden Panettiere Would Be Jennifer Coolidge's Anything in Order to Join The White Lotus
- Stylist Law Roach Reveals the Scariest Part of His Retirement Journey
- In 'Season: A letter to the future,' scrapbooking is your doomsday prep
- Dick Van Dyke says he 'fortunately' won't be around for Trump's second presidency
- You'll Love the To All the Boys I've Loved Before Spinoff XO, Kitty in This First Look
Ranking
- Flurry of contract deals come as railroads, unions see Trump’s election looming over talks
- 11 Women-Owned Home Brands to Cozy Up With During Women’s History Month (And Beyond)
- Teens share the joy, despair and anxiety of college admissions on TikTok
- The Bachelor's Zach Shallcross Admits He's So Torn Between His Finalists in Finale Sneak Peek
- A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome
- Pregnant Rumer Willis' Sister Scout Is Desperately Excited to Become an Aunt
- A Thai court sentences an activist to 28 years for online posts about the monarchy
- Joran van der Sloot, suspect in disappearance of Natalee Holloway, to be extradited to U.S.
Recommendation
-
Darren Criss on why playing a robot in 'Maybe Happy Ending' makes him want to cry
-
The Bachelor's Zach Shallcross Admits He's So Torn Between His Finalists in Finale Sneak Peek
-
Sudan conflict rages on after a month of chaos and broken ceasefires
-
Beyoncé dances with giant robot arms on opening night of Renaissance World Tour
-
4 charged in Detroit street shooting that left 2 dead, 5 wounded
-
Kenya cult death toll rises to 200; more than 600 reported missing
-
'Hogwarts Legacy' Review: A treat for Potter fans shaded by Rowling controversy
-
Bruce Willis and Demi Moore's Daughter Tallulah Willis Weighs in on Nepo Baby Debate