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    Allen Weisselberg, ex-Trump Organization CFO, released from Rikers

    By The HillElla Lee,

    11 hours ago

    https://img.particlenews.com/image.php?url=1868yy_0uX0VMbk00

    The former chief financial officer of the Trump Organization was released from Rikers Island on Friday, according to New York City corrections records.

    Allen Weisselberg, Trump’s longtime financial gatekeeper, was sentenced in April to five months of incarceration after pleading guilty to two counts of perjury stemming from former President Trump’s civil fraud trial, in which Weisselberg was also a defendant.

    After serving 100 days of that sentence, he was released Friday, records show. He previously spent 100 days in the same jail on different charges.

    Weisselberg’s attorney, Seth Rosenberg, confirmed he had been released from custody and “reunited with his family.”

    Weisselberg was initially charged with five felony counts of perjury. He pleaded guilty in April to charges he lied during a 2020 deposition as the New York attorney general’s office built its civil fraud case against the Trump Organization.

    In that deposition, Weisselberg was questioned by state lawyers over Trump’s Manhattan triplex, listed on the former president’s financial statements as 30,000 square feet in size — despite actually being less than 11,000 square feet.

    The ex-CFO told the lawyers he “didn’t find out about the error” in the Trump Tower triplex’s listed size until Forbes reported it and that he was not present when Trump described the property’s size. He since has admitted both remarks were untrue.

    As part of his plea deal, Weisselberg also admitted to lying in his trial testimony and during another deposition last year, without pleading guilty to those counts. His testimony during the fraud trial, where falsely he said he “never focused on” the triplex, spurred the inquiry into his perjury.

    Prosecutors with the district attorney’s office, which brought the perjury charges against Weisselberg, said in charging documents that the Trump Tower triplex’s size was “material” to the attorney general’s investigation.

    A New York judge determined earlier this year, after the trial, that Trump and top executives conspired to alter his net worth for tax and insurance benefits. The judge previously found them liable for fraud.

    Weisselberg was ordered to pay more than $1.1 million, plus interest, and barred for three years from serving in top leadership positions in any New York corporation or business entity. He was also barred for life from serving “in the financial control function” of any New York business.

    Trump bears the brunt of the financial penalty, ordered to pay $454 million, plus interest, for his role. His sons Donald Trump Jr. and Eric Trump also owe $4.6 million each.

    All penalties are paused for now, while the defendants appeal, after they posted a $175 million bond in the case.

    Weisselberg’s previous stint in Rikers came after pleading guilty in 2022 to evading nearly $2 million in taxes over a decade through back-channel compensation from the Trump Organization.

    Updated at 10:23 a.m. EDT

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to WTAJ - www.wtaj.com.

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