A former longtime executive in Donald Trump’s real estate empire is set to be sentenced for lying under oath in the ex-president’s New York civil fraud case
NEW YORK — Allen Weisselberg, a former longtime executive in Donald Trump’s real estate empire, is set to be sentenced Wednesday for lying under oath in the ex-president’s New York civil fraud case.
Weisselberg, 76, is expected to be sentenced to five months in jail after pleading guilty last month to two counts of perjury. The ex-chief financial officer admitted lying when he testified he had little knowledge of how Trump’s Manhattan penthouse came to be valued on his financial statements at nearly three times its actual size.
It will be his second time behind bars. He served 100 days last year for dodging taxes on $1.7 million in company perks, including a rent-free Manhattan apartment and luxury cars.
Now, he’s again trading life as a Florida retiree for another stay at New York City’s notorious Rikers Island jail complex.
The two cases highlight Weisselberg's unflinching loyalty to Trump, the presumptive Republican presidential nominee.
Trump’s family employed Weisselberg for nearly 50 years, then gave him a $2 million severance deal when the tax charges prompted him to retire. The company continues to pay his legal bills.
Weisselberg testified twice in trials that went badly for Trump, but each time he took pains to suggest that his boss hadn't committed any serious wrongdoing. His plea agreement does not require him to testify at Trump’s hush money criminal trial, which is scheduled to start with jury selection Monday.
In agreeing to a five-month sentence, prosecutors cited Weisselberg’s age and willingness to admit wrongdoing. In New York, perjury is a
Read more on abcnews.go.com