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Florida keys times > Blog > Entertainment & Lifestyle > Trump ally Allen Weisselberg released from jail
Entertainment & Lifestyle

Trump ally Allen Weisselberg released from jail

Revival Renaissance Team
Last updated: 2024/07/20 at 4:33 AM
Revival Renaissance Team
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Trump ally Allen Weisselberg was released early from Rikers Island on Friday after being convicted of lying under oath during the civil fraud trial of the Trump Organization.

Weisselberg, the former chief financial officer of the Trump Organization, was sentenced in April to five months behind bars after he pleaded guilty to two counts of perjury.

His attorney Seth Rosenberg confirmed Weisselberg’s release.

Weisselberg had previously served time at Rikers Island in 2023 for charges related to a tax fraud scheme. He was sentenced to five months in jail but was eligible for release after 100 days with time off for good behavior.

Rosenberg said in an April statement after his sentencing that Weisselberg “accepted responsibility for his conduct and now looks forward to the end of this life-altering experience and to returning to his family and his retirement.”

The Trump ally was accused of lying about when and how he learned that former President Donald Trump’s apartment had been overvalued. He was accused of committing perjury in a deposition and during testimony.

Trump and top executives at the Trump Organization were hit with a $464 million fraud judgment in February. But a New York appeals court ultimately reduced the bond to $175 million and the accused then posted it, which prevented New York Attorney General Letitia James from collecting on the judgment during the appeals process.

Judge Arthur Engoron, who presided over the civil fraud trial, in February said that Trump’s and executives’ “complete lack of contrition and remorse borders on pathological.”

“Defendants’ refusal to admit error — indeed, to continue it, according to the Independent Monitor — constrains this Court to conclude that they will engage in it going forward unless judicially restrained,” Engoron added.

The judge also said that “the examples of Weisselberg’s intent to falsify business records are too numerous to itemize.” Engoron ultimately barred Weisselberg from “from serving in the financial control function of any New York corporation or similar business entity operating in New York State” and ruled that he must pay $1 million he’d already received from his $2 million separation agreement from the company.

Adam Reiss

Adam Reiss is a reporter and producer for NBC and MSNBC.

Megan Lebowitz

Megan Lebowitz is a politics reporter for NBC News.

Dareh Gregorian contributed.





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Revival Renaissance Team July 20, 2024 July 20, 2024
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