Current:Home > InvestFormer Trump Organization CFO Allen Weisselberg released from jail -Capitatum
Former Trump Organization CFO Allen Weisselberg released from jail
Fastexy View
Date:2025-04-07 15:37:37
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! (6)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- A new lawsuit is challenging Florida Medicaid's exclusion of transgender health care
- Traffic Deaths Are At A 20-Year High. What Makes Roads Safe (Or Not)?
- SEC sues crypto giant Binance, alleging it operated an illegal exchange
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Freddie Mercury memorabilia on display ahead of auction – including scribbled song lyrics expected to fetch more than $1 million
- Shaquil Barrett’s Wife Jordanna Pens Heartbreaking Message After Daughter’s Drowning Death
- The Most Accurate Climate Models Predict Greater Warming, Study Shows
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Fracking Studies Overwhelmingly Indicate Threats to Public Health
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- The crisis in Jackson shows how climate change is threatening water supplies
- Pete Davidson Mourns Death of Beloved Dog Henry
- Selling Sunset Turns Up the Heat With New Competition in Explosive Season 6 Trailer
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- 4 dead in Cessna Citation plane crash near D.C. Here's what we know so far.
- Alex Murdaugh's Lawyers Say He Invented Story About Dogs Causing Housekeeper's Fatal Fall
- Trudeau Victory Ushers in Prospect of New Climate Era in Canada
Recommendation
A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
Shaquil Barrett’s Wife Jordanna Pens Heartbreaking Message After Daughter’s Drowning Death
Science Museums Cutting Financial Ties to Fossil Fuel Industry
GOP presidential candidate Nikki Haley outlines her position on abortion: Let's humanize the issue
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
With early Alzheimer's in the family, these sisters decided to test for the gene
Everything to Know About King Charles III's Coronation
Volkswagen relaunches microbus as electric ID. Buzz