Donald Trump’s ex-CFO Allen Weisselberg sentenced to 5 months in jail for perjury

Former Trump Organisation Chief Financial Officer Allen Weisselberg was sentenced on Wednesday to five months in jail after pleading guilty last month to perjury charges for lying to investigators and a judge about Donald Trump’s finances.

Judge Laurie Peterson handed down the sentence at a hearing in Manhattan criminal court. The sentence was in line with the punishment the judge said she would impose at Weisselberg’s March 4 plea hearing.

The sentence will mark the second stint behind bars for the former US president’s long-time loyal deputy.

Trump posts US$175 million bond in fraud case to avert asset seizures

Weisselberg, 76, spent around three months in New York’s Rikers Island jail in 2023 after pleading guilty to taking part in a 15-year tax fraud scheme at the Trump Organisation.

The perjury charges stem from Weisselberg’s testimony at a civil fraud case New York state Attorney General Letitia James brought against Trump, Weisselberg and other executives at Trump’s family real estate company for manipulating property values to dupe lenders and insurers.

Weisselberg testified at the trial on October 10 that he was not involved in an incorrect valuation of Trump’s Manhattan town house. Trump’s 2015 and 2016 financial statements valued the unit at US$327 million based on its stated size of more than 30,000 square feet, nearly three times the actual size.

Allen Weisselberg, right, stands behind then President-elect Donald Trump in the lobby of Trump Tower in New York, on January 11, 2017. Weisselberg was sentenced to five months in jail after pleading guilty last month to two counts of perjury. Photo: AP

Manhattan District Attorney Alvin Bragg’s office, which brought the charges against Weisselberg, said the former CFO’s emails showed he was in fact paying close attention to the flat.

Weisselberg also admitted to lying about his role in Trump’s financial statements during two earlier depositions with James’ office. James’ investigation culminated in a US$454 million penalty imposed on Trump for fraudulently valuing properties. Trump is appealing the order by Justice Arthur Engoron.

Engoron also ordered Weisselberg to pay US$1.1 million, including interest.

Weisselberg worked for the former president’s family for half a century. His written plea agreement did not indicate if he would be cooperating with Bragg’s office.

Judge refuses to delay Trump hush money trial over immunity claim

Trump is set to go on trial starting on Monday on criminal charges of covering up US$130,000 in hush money his former lawyer Michael Cohen paid porn star Stormy Daniels for her silence before the 2016 election about a sexual encounter she says she had with Trump in 2006.

Trump has pleaded not guilty to 34 counts of falsifying business records and denies any such encounter with Daniels, whose real name is Stephanie Clifford.

The case, also brought by Bragg, is poised to be the first-ever criminal trial of a former US president. Trump also faces three other indictments, which stem from his efforts to overturn his 2020 election loss and his handling of sensitive government documents. He has pleaded not guilty to all charges.

Additional reporting by Associated Press

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Chronicles Live is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – chronicleslive.com. The content will be deleted within 24 hours.

Leave a Comment