Criminal Law

Former CFO of Trump Organization Sentenced to 5 Months

Allen 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.

Weisselberg pleaded guilty in August to 15 counts of fraud and tax evasion after reaching an agreement with Manhattan prosecutors in which he promised to cooperate. In exchange for his testimony, prosecutors agreed to a sentence of five months in New York’s Rikers Island jail, plus five years of probation. Judge Juan Merchan imposed the sentence during a hearing in Manhattan Criminal Court on Tuesday. 

Weisselberg arrived in court wearing a dark green fleece, white undershirt and blue jeans. Susan Hoffinger, an assistant district attorney, told the court that prosecutors “believe that Mr. Weisselberg provided truthful testimony about the underlying facts of his” crimes and “outlined significant benefits to the Trump Corporation and Trump Payroll Corporation.” Hoffinger said Weisselberg had also paid $2 million in back taxes and fines.

Read the source article at cbsnews.com

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