Former Trump Organization CFO Allen Weisselberg released from jail
Former Trump Organization chief financial officer Allen Weisselberg has been released from jail.
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Former Trump Organization chief financial officer Allen Weisselberg has been released from jail.
Allen Weisselberg pleaded guilty to perjury last month and has been sentenced to spend five months behind bars. CBS New York's Alice Gainer reports.
Former Trump Organization CFO Allen Weisselberg was sentenced Wednesday to five months in New York City's Rikers Island jail complex.
Weisselberg pleaded guilty last month to two counts of perjury and is expected to face five months in jail. CBS New York's Elijah Westbrook reports from the courthouse.
The perjury charges are related to testimony Weisselberg gave in October in a civil tax fraud case.
Allen Weisselberg appeared in a Manhattan courtroom Monday to face new charges for lying to investigators about the former president's assets. CBS New York's Jessica Moore has the latest.
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Former president Donald Trump's one-time finance chief testified Tuesday at the civil fraud trial against Trump and his company. Read more: https://cbsloc.al/46glGOl
New York Attorney General Letitia James' fraud lawsuit alleges Allen Weisselberg engineered Trump's financial statements to meet his demands that they show increases in his net worth despite appraisals that showed the opposite. CBS New York's Chris Wragge reports.
Weisselberg spent three months behind bars after appearing as the star witness in the corporation's tax fraud trial.
Weisselberg, the former chief financial officer of the Trump Organization and Donald Trump's right-hand man for decades, was sentenced to five months in jail for fraud and tax crimes on Tuesday, nearly two months after he testified against the company that employed him for almost half a century.
Allen Weisselberg's testimony helped convict the former president's company of tax fraud.
Two Trump Organization companies faced a total of 17 criminal counts, including conspiracy and tax fraud.
"Weisselberg did it for Weisselberg," defense attorneys repeated as a sort of mantra.
During three weeks of testimony, prosecutors portrayed a company in which many of the top executives not named Trump allegedly devised a series of schemes to avoid taxes on income and luxury benefits.
Private school tuition checks signed by Donald Trump and two of his sons figured into improper salary reductions, Allen Weisselberg said.
He may be the former CFO of the Trump Organization but he's still on the payroll, making $640,000 a year.
Former Trump Organization CFO Allen Weisselberg took the stand in the company's tax fraud trial Tuesday. CBS2's Alice Gainer was in the courtroom and learned Weisselberg is still being paid by the company.
Former Trump Organization CFO Allen Weisselberg took the stand in the company's tax fraud trial Tuesday. The Trump Payroll Corporation and Trump Corporation are accused of a 15-year scheme by top leaders to avoid paying taxes on fringe benefits given to senior execs. CBS2's Alice Gainer was in the courtroom.
Prosecutors say Allen Weisselberg was a key player in a company fraud scheme. Trump Organization lawyers say he was acting on his own, motivated by "individual personal greed."
During opening arguments Monday, prosecutors painted the company's former chief financial officer as a key player in a company scheme to supplement his income with untaxed luxury benefits. CBS2's Alice Gainer reports.
The former president's longtime chief financial officer is expected to be the star witness in the trial over alleged tax fraud.
Allen Weisselberg, the former Trump Organization chief financial officer, pleaded guilty Thursday to a wide-ranging tax scheme. As part of the plea deal, he'll need to testify against the Trump Organization this fall. CBS2's Alice Gainer reports.
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