Sat. Sep 7th, 2024

Ex-Trump CFO Allen Weisselberg to be sentenced for perjury in Trump civil fraud trial

By 37ci3 Apr10,2024



Allen WeisselbergThe Trump Organization’s former chief financial officer is scheduled to be sentenced Wednesday after pleading guilty last month to two counts of perjury in testimony he gave under the former president. Donald Trump’s civil fraud trial.

Weisselberg is expected to be jailed for five months on the recommendation of Manhattan District Attorney Alvin Bragg.

Bragg’s office said Weisberg is accused of perjury during depositions and during Trump’s trial, including lying in July 2020 when he said he learned from a Forbes report that Trump’s triplex apartment was overvalued but knew about it well in advance. .

Weisselberg was sentenced to five months in prison last year in a separate criminal case only 100 daysafter He pleaded guilty in 2022 Tax fraud charges in a 15-year scheme involving the Trump Organization’s business dealings. He agreed to pay nearly $2 million in taxes, interest and penalties for allegedly evading taxes on $1.7 million of his income, including tuition for his grandchildren, a luxury apartment and two Mercedes-Benz cars.

In a civil suit, New York State Judge Arthur Engoron ruled in February that Trump, his adult sons, associates and the Trump Organization He paid more than 350 million dollars in compensation and barred the former president from running a business in the state for three years — which eventually happened 464 million dollars when interest is entered before judgment.

Trump applied judgment. A state appeals court last month He reduced Trump’s connection, ruled that he and his co-defendants could post a $175 million bond in lieu of full damages. Trump posted that bond with Courtesy of Don Hankey, The billionaire chairman of Knight Insurance Group.



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By 37ci3

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