Allen Weisselberg, ex-Trump Organization CFO, sentenced to 5 months in prison for perjury

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(The Hill) – The former chief financial officer of the Trump Organization on Wednesday was sentenced to five months in prison for perjury stemming from former President Trump’s civil fraud case.

Allen Weisselberg, Trump’s longtime financial gatekeeper, pleaded guilty to two counts of felony perjury last month as part of a plea deal with the Manhattan district attorney’s office.

Allen Weisselberg, right, stands behind then President-elect Donald Trump during a news conference in the lobby of Trump Tower in New York, Jan. 11, 2017. Weisselberg, Trump's chief financial officer, is expected to plead guilty on Thursday, Aug. 18, 2022 to tax violations in a deal that would require him to testify about business practices at the former president's company. (AP Photo/Evan Vucci, File)

The charges stemmed from a 2020 deposition with the New York attorney general’s office as it built its sprawling civil fraud case against the Trump Organization, but as part of the deal, he also admitted to lying during his trial testimony and another deposition last year.

In his July 17, 2020, deposition with the attorney general’s office, state lawyers questioned Weisselberg over the size of Trump’s Manhattan triplex apartment in Trump Tower. The property was listed on the former president’s financial statements as 30,000 square feet in size but is actually less than 11,000 square feet.

Weisselberg told state lawyers he “didn’t find out about the error” in the triplex’s listed size until Forbes reported it and that he was never present when Trump described the size of the property. He has now admitted that both remarks were untrue.

The inquiry into Weisselberg’s perjury was spurred by his October testimony in the civil fraud trial, in which he was also a defendant. Without pleading guilty to a specific charge, he admitted as part of his plea deal that he falsely testified he “never focused” on the triplex throughout the course of his work for the Trump Organization.

Prosecutors with the district attorney’s office said in charging documents that the Trump Tower triplex’s size was “material” to the attorney general’s investigation.

The civil fraud trial ended earlier this year with a New York judge ruling that Trump and top executives, including Weisselberg, conspired to alter the former president’s net worth for tax and insurance benefits.

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 was ordered to pay $454 million, plus interest, and faced similar business-related penalties. All penalties are paused for the time being, while the defendants appeal, after they posted a $175 million bond in the case.

Weisselberg’s 5-month sentence marks his second stint in prison, after the former CFO pleaded guilty in 2022 to evading nearly $2 million in taxes over a decade through backchannel compensation from the Trump Organization.  He was sentenced to five months at the Rikers Island jail for the tax evasion and served nearly 100 days there.

The longtime Trump ally’s plea deal does not require him to testify in Trump’s hush money trial, which is scheduled to begin Monday. Trump faces 34 counts of falsifying business records and has pleaded not guilty.

The Associated Press contributed.

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