On Monday, the ex-chief financial officer of the Trump Organization admitted to perjury charges related to his testimony in the civil fraud trial of former President Trump.
Allen Weisselberg, who has been a key figure in managing Trump’s finances for many years, is facing five felony charges related to perjury.
He admitted to two charges on Monday for providing false information during a 2020 deposition while the New York attorney general’s office was constructing its civil fraud lawsuit against the Trump Organization.
As part of a plea agreement, he also confessed to providing false information in his trial testimony and during another deposition last year, while not formally admitting guilt to those specific charges.
The former executive of the Trump Organization turned himself in on Monday morning to the Manhattan district attorney’s office.
He appeared in state court on Monday, handcuffed and wearing a mask.
A judge in New York has decided to sentence him to five months in jail, which is the same duration that prosecutors had asked for.
Weisselberg was named as a defendant with Trump in the civil fraud case brought by New York Attorney General Letitia James, accusing them of manipulating Trump’s net worth for tax and insurance advantages.
An executive has been instructed to pay over $1.1 million, along with interest, and is prohibited from holding top leadership roles in any New York corporation or business entity for three years.
He received a lifetime ban from holding a financial control position in any New York company.
The charges Weisselberg admitted to were related to a deposition that took place on July 17, 2020, with the attorney general’s office.
During the deposition, state lawyers asked him about Trump’s Manhattan triplex. The Trump Tower triplex was stated as 30,000 square feet in the former president’s financial records, although its actual size is less than 11,000 square feet.
Weisselberg is set to be formally sentenced on April 10.
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