Updated Mar 4, 2024 - Politics & Policy

Former Trump Org CFO Allen Weisselberg pleads guilty to perjury charges

Trump Organization CFO Allen Weisselberg

Former Trump Organization CFO Allen Weisselberg leaves the courtroom for a lunch recess during a trial at the New York Supreme Court on November 17, 2022 in New York City. Photo: Michael M. Santiago/Getty Images

Former Trump Organization CFO Allen Weisselberg pleaded guilty on Monday to perjury charges, the Manhattan District Attorney's office said.

Why it matters: His guilty plea caps several weeks of talks with Manhattan prosecutors after Weisselberg gave false testimony during former President Trump's civil fraud trial last fall.

  • Weisselberg will receive five months in jail at a sentencing hearing slated to take place April 10, the DA's office said in a press release.
  • This is Weisselberg's second guilty plea in a criminal case involving his work with the Trump Organization. He pleaded guilty in a tax fraud case in 2022 and was sentenced to serve five months.

Driving the news: Weisselberg was charged with five counts of perjury and ultimately pleaded guilty to two counts on Monday.

  • The two felony counts of perjury were related to Weisselberg's 2020 interview with the New York attorney general's office in the lead up to the civil fraud case.
  • As part of Monday's plea, Weisselberg admitted that he "committed the conduct underlying the three additional counts of perjury," per the release.
  • Prosecutors had accused Weisselberg of lying on the witness stand when he testified at Trump's civil fraud trial in October and of lying under oath at a deposition last year.
  • "It is a crime to lie in depositions and at trial – plain and simple," a spokesperson for the Manhattan DA said in a statement. "Allen Weisselberg took an oath to be truthful, and then committed perjury."

Seth Rosenberg, Weisselberg's lawyer, said in a statement Monday that his client "looks forward to putting this situation behind him."

The big picture: New York Judge Arthur Engoron last month ordered Trump, his companies and fellow defendants to pay about $364 million for committing years of financial fraud.

  • Engoron ruled that Weisselberg, one of the defendants, owed $1 million.
  • Trump appealed the decision and offered to post a partial bond in an effort to halt collection of the penalties until his appeal is complete.
  • A New York appellate judge rejected his request last week and ordered Trump to post bond for the full amount in order to stay enforcement of the judgment.

Editor's note: This story was updated with a press release from the Manhattan DA's office, a statement from Rosenberg and additional details.

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