Former Trump Organization CFO Allen Weisselberg sent to jail for five months in tax fraud case

By CNBC
Posted on 01/11/23 | News Source: CNBC

Former Trump Organization Chief Financial Officer Allen Weisselberg was sentenced Tuesday to five months in jail after pleading guilty to multiple tax crimes as part of an investigation of former President Donald Trump’s business empire.

But Weisselberg, who fully cooperated with prosecutors and testified against his longtime employer, could get out sooner, factoring in time off for good behavior.

The 75-year-old former CFO was handcuffed and led out of a Manhattan courtroom shortly after 2:30 p.m. ET, after a brief sentencing hearing before state Judge Juan Merchan. He will be immediately transported to Rikers Island jail to begin serving his sentence.

Weisselberg has already paid more than $2 million in taxes and penalties as part of his plea agreement, prosecutors said in the hearing, according to NBC News.

“He satisfied the conditions of his plea agreement,” said assistant district attorney Susan Hoffinger, according to NBC.

Weisselberg was also sentenced to five years on probation.