Former Trump Organization chief financial officer Allen Weisselberg was released from jail Friday.
Weisselberg served 100 days in New York City’s Rikers Island jail complex after being sentenced in April to five months in jail for committing perjury.
Weisselberg pleaded guilty to lying under oath during his testimony in former President Donald Trump’s civil fraud case. Prosecutors said Weisselberg lied about his role in valuing Trump’s Fifth Avenue triplex apartment at three times its actual size.
During his trial testimony, Weisselberg struggled to explain why the apartment, which is less than 11,000 square feet, was listed on Trump’s statements of financial condition as 30,000 square feet.
Allen Weisselberg, former chief financial officer of Trump Organization Inc., prepares to testify at New York State Supreme Court in New York, Oct. 10, 2023.
Michael Nagle/Bloomberg via Getty Images
“Allen Weisselberg was released from custody today and has been reunited with his family,” his attorney Seth Rosenberg said Friday.
Friday’s release marks the second time Weisselberg completed a sentence at Rikers. In 2022, Weisselberg pleaded guilty to 15 state crimes related to a scheme to evade more than $1.7 million in taxes, and received a similar five-month sentence, after which he was released after 100 days.
Allen Weisselberg, the former Chief Financial Officer of the Trump Organization, has been released from jail after being indicted on charges of tax fraud and grand larceny. Weisselberg’s release comes as a surprise to many, as he was initially denied bail and held in custody for several weeks.
Weisselberg’s release is seen as a significant development in the ongoing legal battle surrounding former President Donald Trump and his business empire. The charges against Weisselberg are part of a larger investigation into the financial dealings of the Trump Organization, which has been under scrutiny for potential tax evasion and other financial crimes.
Weisselberg’s role as CFO of the Trump Organization made him a key figure in the investigation, as he was responsible for overseeing the company’s finances and tax filings. Prosecutors allege that Weisselberg and other executives at the Trump Organization engaged in a scheme to avoid paying taxes on fringe benefits, such as cars, apartments, and school tuition, by disguising them as business expenses.
Weisselberg has maintained his innocence throughout the legal proceedings, and his release from jail is seen as a small victory for his defense team. However, the case against him is far from over, and he still faces serious charges that could result in significant prison time if convicted.
The release of Allen Weisselberg from jail raises questions about the future of the investigation into the Trump Organization and whether other high-ranking executives could also face criminal charges. The case has already had political implications, with some critics of former President Trump using it as evidence of corruption within his business empire.
As the legal battle continues to unfold, all eyes will be on Allen Weisselberg and the Trump Organization to see how this high-profile case ultimately plays out. In the meantime, Weisselberg’s release from jail is a small victory for his defense team, but the larger implications of the case are still unknown.
