Allen Weisselberg, longtime chief financial officer of the Trump Organization, is expected to be sentenced Wednesday in his second stint on the Riker Islands.
Weisselberg, 76, is expected to be sentenced to five months in New York’s notorious jail for perjury.
The loyal Trump executive who worked for the family for 50 years was convicted last month of lying under oath during the former president’s fraud trial in New York.
He told the court he didn’t know how Trump’s Manhattan penthouse ended up being listed as three times its actual size in the company’s financial statements.
Allen Weisselberg, longtime chief financial officer of the Trump Organization, is scheduled to be sentenced Wednesday in his second stint on the Riker Islands. He is pictured in court last month as he pleaded guilty.
The Florida retiree will go through his second stint behind bars, but could be released in three months for good behavior.
Last year, he served 100 days in prison for evading taxes on $1.7 million in employee benefits, including a rent-free Manhattan apartment and luxury cars.
Prosecutors agreed to a lighter sentence because of Weisselberg’s age and his willingness to admit wrongdoing.
In New York, perjury is a felony punishable by up to seven years in prison.
His agreement with prosecutors also means he will not be charged with other crimes he may have committed while working for the Trump Organization.
Weisselberg remained loyal to him throughout his legal troubles.
He testified twice during the fraud trial, which ended with Trump being fined $300 million, and insisted his boss did nothing wrong.
Weisselberg also will not be required to testify in Stormy Daniels’ secret trial, which begins Monday.
Trump’s lawyers challenged Weisselberg’s perjury prosecution, accusing the Manhattan District Attorney’s Office of deploying “unethical and heavy-handed tactics against an innocent man in his mid-70s” while shutting down ” eyes” on perjury allegations against Michael Cohen, the former Trump. lawyer who is now a key prosecution witness in the hush money case.
Weisselberg pleaded guilty on March 4.
The Florida retiree will serve his second stint behind bars, but could be released in three months for good behavior.
The Trump executive who worked for the family for 50 years was found guilty of lying under oath during the former president’s fraud trial in New York.
He told the court he didn’t know how Trump’s Manhattan penthouse ended up being listed as three times its actual size in the company’s financial statements.
He admitted to lying under oath three times during his testimony in New York Attorney General Letitia James’ trial against Trump: during depositions in July 2020 and May 2023 and on the witness stand during the trial in October last.
However, to avoid violating his tax probation, he agreed to plead guilty only to charges related to his 2020 deposition testimony.
The size of Trump’s penthouse was a key issue in the civil fraud case.
Trump valued the apartment in his financial statements from at least 2012 to 2016 as if it measured 30,000 square feet (2,800 square meters).
A former Trump real estate official said Weisselberg provided the figure. The former executive said that when he asked the size of the apartment in 2012, Weisselberg responded, “It’s pretty big.” I think it’s about 30,000 square feet.
However, state lawyers noted, Weisselberg received an email early that year with attached a 1994 document that pegged Trump’s apartment at 10,996 square feet (1,022 square meters ).
Weisselberg testified that he remembered the email but not the attachment and that he didn’t “walk around knowing the size” of the apartment.
After Forbes magazine published an article in 2017 disputing the size of Trump’s penthouse, its estimated value in its financial statements was reduced from $327 million to approximately $117 million.
While Weisselberg was testifying last October, Forbes published an article titled “Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthouse.”
The civil fraud trial ended with Judge Arthur Engoron ruling that Trump and some of his executives conspired to deceive banks, insurers and others by lying about his wealth in financial statements used to enter into transactions and guarantee loans.
The judge fined Trump $455 million and ordered Weisselberg to pay $1 million. They are both attractive.
Weisselberg served 100 days at Rikers Island (above) last year for avoiding taxes on $1.7 million in employee benefits, including a rent-free Manhattan apartment and luxury cars.
In his ruling, Engoron said he found Weisselberg’s testimony “intentionally evasive” and “highly unreliable.”
Weisselberg is likely to be factored into Trump’s secret trial — even though he is in jail and not on the witness stand while it plays out.
Trump is accused of falsifying his company records to conceal payments during his 2016 campaign to bury stories of marital infidelity.
This is the first of four Trump criminal cases set to go to trial. Trump has pleaded not guilty and denies any wrongdoing.
Cohen said Weisselberg played a role in orchestrating the payments. Weisselberg, who lives in Boynton Beach, Fla., has not been charged in the case, and neither prosecutors nor Trump’s lawyers have indicated they will call him as a witness.
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