Former Trump Organization CFO Pleads Guilty to Perjury

Published on March 4, 2024

Former Trump Organization chief financial officer Allen Weisselberg on Monday pleaded guilty to perjury in connection with testimony he gave at former President Donald Trump’s civil fraud trial in New York. Mr. Weisselberg signed the plea deal in open court on March 4, pleading guilty to two counts of perjury related to testimony he gave during a 2020 deposition in reference to the size of President Trump’s triplex apartment. Under the terms of the deal, he will pay $1.1 million, is barred from serving in the financial control function of any New York business, and will serve five months in jail. The case centered on allegations that the former president and his company, The Trump Organization, defrauded banks, insurers, and others by allegedly overvaluing his assets and exaggerating his net worth in documents used in deals and to secure loans....