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Home Politics

Ex-Trump Organization CFO Weisselberg released from jail

INBV News by INBV News
April 19, 2023
in Politics
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Ex-Trump Organization CFO Weisselberg released from jail
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Former CFO Allen Weisselberg leaves the courtroom for a lunch recess during a trial on the Latest York Supreme Court on November 17, 2022 in Latest York City.

Michael M. Santiago | Getty Images

Former Trump Organization Chief Financial Officer Allen Weisselberg was released from jail on Wednesday, in line with Latest York City Department of Correction records.

Weisselberg was sent to Latest York’s Rikers Island jail on Jan. 10 for helping engineer a wide-ranging 15-year tax fraud scheme at former President Donald Trump’s family business.

He was sentenced to 5 months behind bars but was eligible for release after 100 days with time without work for good behavior.

A lawyer for Weisselberg didn’t immediately reply to a request for comment.

Weisselberg, 75, pleaded guilty last yr in reference to the long-running scheme. He and other executives received bonuses and perks in ways in which cheated tax authorities and saved the corporate money.

Weisselberg pleaded guilty to all 15 charges he faced, including grand larceny and falsifying business records, and paid some $2 million in taxes, penalties and interest.

As a part of his plea deal, Weisselberg testified eventually yr’s trial of the Trump Organization, which also was charged with the tax fraud scheme. The corporate also was found guilty of all charges, and was fined $1.6 million, the utmost allowed.

Weisselberg testified that Trump signed checks and other documents at the center of the tax fraud case, but said he was not in on the scheme. The previous president was not charged within the case.

Weisselberg, who worked for Trump for many years, also was involved within the hush money arrangement behind the criminal charges recently filed by Manhattan prosecutors against Trump, but he shouldn’t be charged in that case.

As a co-trustee of Trump’s trust that owns Trump’s businesses, Weisselberg co-signed a check to Michael Cohen, Trump’s former lawyer. Cohen produced a duplicate of the check for Congress in 2019 and said it was to partially reimburse him for a $130,000 payment to porn star Stormy Daniels for her silence before the 2016 election.

Daniels has said she had a sexual encounter with Trump, which he denies.

Trump pleaded not guilty to the fees — 34 counts of falsifying business records — at his arraignment in Latest York state court on April 4.

Weisselberg stays a defendant within the Latest York Attorney General Letitia James’ $250 million civil lawsuit accusing him, Trump, and the corporate of inflating asset values and Trump’s net value.

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Tags: CFOexTrumpjailOrganizationreleasedWeisselberg
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