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Ex-Trump CFO Allen Weisselberg heads back to Rikers for five months

Executive lied about fraudulent value of Trump’s triplex apartment

<p>A photo illustration of Allen Weisselberg (Getty)</p>

A photo illustration of Allen Weisselberg (Getty)

Former Trump Organization chief financial officer Allen Weisselberg is making a return trip to Rikers Island after being sentenced for multiple counts of perjury.

Justice Laurie Peterson sentenced Weisselberg to five months in jail on Wednesday morning, the Wall Street Journal reported. The sentence handed down was essentially a formality, as Weisselberg and Manhattan District Attorney Alvin Bragg agreed to the conditions as part of Weisselberg’s plea.

Weisselberg declined to speak during the short hearing. After being sentenced, Weisselberg was handcuffed and led out of the courtroom.

Last month, the former Trump CFO pleaded guilty to two counts of perjury. Bragg’s office alleged Weisselberg perjured himself in both a deposition and during testimony in Donald Trump’s civil fraud trial. 

Weisselberg allegedly lied in July 2020, when he said he only discovered the overvalued nature of Trump’s triplex apartment after reading about it in Forbes. An article by the outlet in October uncovered a paper trail contradicting Weisselberg’s claims made on the stand days prior regarding his knowledge of the Fifth Avenue apartment.

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An attorney representing Weisselberg said the business executive accepted responsibility for his actions. Weisselberg is not expected to be called to the stand during the former president’s criminal trial regarding hush money payments allegedly made to Stormy Daniels. The trial begins on Monday. 

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Weisselberg might see some old friends at Rikers. He previously pleaded guilty to multiple charges of tax fraud in connection with a long-running tax fraud scheme at the Trump Organization and was sentenced in Jan. 2023 to five months in jail; he ultimately served three. He also agreed to pay $2 million in back taxes.

Weisselberg wasn’t spared from Justice Arthur Engoron’s ruling regarding liabilities in Trump’s civil fraud trial. Engoron ordered Weisselberg to pay $1 million plus interest after finding the former CFO liable for fraud, according to CNN.

— Holden Walter-Warner

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Trump OrganizationAllen WeisselbergDonald Trump
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CrimeFraudReal Estate Lawsuits