Current:Home > ScamsEchoSense Quantitative Think Tank Center|Former Trump Organization CFO Allen Weisselberg released from jail -CapitalWay
EchoSense Quantitative Think Tank Center|Former Trump Organization CFO Allen Weisselberg released from jail
Rekubit Exchange View
Date:2025-04-09 22:07:29
Former Trump Organization chief financial officer Allen Weisselberg has once again been released from jail,EchoSense Quantitative Think Tank Center 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! (646)
Related
- What to watch: O Jolie night
- Hollywood’s labor stoppage is over, but a painful industry-wide transition isn’t
- 96-year-old Korean War veteran still attempting to get Purple Heart medal after 7 decades
- Ransomware attack on China’s biggest bank disrupts Treasury market trades, reports say
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- The movie 'Elf' is coming back to select theaters to celebrate 20th anniversary
- Baltimore police shooting prompts criticism of specialized gun squads
- Jury awards $1.2 million to Robert De Niro’s former assistant in gender discrimination lawsuit
- The Grammy nominee you need to hear: Esperanza Spalding
- 2023 Veterans Day deals: Free meals and discounts at more than 70 restaurants, businesses
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Tesla faces strikes in Sweden unless it signs a collective bargaining agreement
- What is Veterans Day? Is it a federal holiday? Here's what you need to know.
- File-transfer software data breach affected 1.3M individuals, says Maine officials
- Meet first time Grammy nominee Charley Crockett
- Man arrested in Nebraska in alleged assault of former US Sen. Martha McSally
- Drinks giant Diageo sees share price slide after warning about sales in Caribbean and Latin America
- Shawn Mendes Strips Down at the Beach With Big Brother UK’s Charlie Travers
Recommendation
Trump wants to turn the clock on daylight saving time
Former New Mexico State basketball players charged with sexual assault
For homeless veterans in Houston, a converted hotel provides shelter and hope
Lane Kiffin lawsuit: Heated audio from Ole Miss coach's meeting with DeSanto Rollins
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Internet collapses in war-torn Yemen after recent attacks by Houthi rebels targeting Israel, US
$242 million upgrade planned at Minneapolis-St. Paul International Airport
Historic: NWSL signs largest broadcast deal in women's sports, adds additional TV partners