Allen Weisselberg, the former chief financial officer for the Trump Organization, pleaded guilty on Monday to perjury, admitting that he lied to investigators in former President Donald Trump’s civil business fraud case in New York.
Weisselberg pleaded guilty to two counts of first-degree perjury, both felonies, at the Manhattan Criminal Court, the New York Post reported. He will serve a five-month prison sentence as part of his plea deal, and a sentencing hearing is set to take place on April 10.
During the Monday hearing, the 76-year-old former CFO admitted that he lied during deposition testimonies in July 2020 and May 2023 and while on the stand during the trial on October 10, 2023. Specifically, Weisselberg lied to investigators about when he knew the former president had inflated the size of his Midtown Trump Tower triplex.
According to the plea agreement, Weisselberg claimed a 2017 Forbes article had led to his discovery that Trump had said the 11,000-square-foot triplex was nearly three times larger, but Forbes had a tape of Weisselberg being told the actual size of the building before the article was published, the Post reported. Evidence also showed that Weisselberg was told about the inflated size of the triplex in a 2012 email.
In Weisselberg’s plea deal, he agreed to only plead guilty to charges related to his 2020 testimony, and prosecutors promised they would not charge him with other potential crimes related to his work with the Trump Organization, the Associated Press reported. Weisselberg spent 100 days behind bars last year after pleading guilty to tax evasion.
Last year, New York Attorney General Letitia James, a Democrat, charged Trump and Weisselberg, among others, for scheming to deceive banks and insurers about the former president’s wealth. Judge Arthur Engoron sided with James and the prosecution last month, ordering Trump to pay $350 million, which has increased to $454 million including interest, and barring Trump and his sons from running their business in New York for two to three years.
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Trump has appealed Engoron’s decision, suggesting that Engoron “committed errors of law and/or fact” and abused his discretion or “acted in excess” of his jurisdiction. The case will go before a New York Appeals Court later this month. The former president has maintained throughout the case that he and his business did nothing wrong, arguing that his assets had even been undervalued.