On February 16th, Donald Trump was fined $355 million.
new york:
President Donald Trump's former Treasury Secretary Allen Weisselberg was sentenced Wednesday to five months in prison for perjury after admitting to lying during a prosecutor's investigation into charges that he fraudulently inflated the former president's assets.
Mr. Weisselberg, 76, served as chief financial officer of President Trump's real estate and entertainment group from 2005 to 2021.
Weisselberg's jailing, who pleaded guilty to two counts of perjury related to his interrogations in the 2020 corruption investigation, comes less than a week before Trump is scheduled to go on trial on charges of concealing hush money to conceal a sex scandal. It is done at the right time.
Mr. Weisselberg agreed with prosecutors to reduce his sentence by five months in exchange for admitting that he lied when discussing the appraised value of President Trump's New York penthouse apartment.
The charges against him carry a maximum penalty of seven years in prison, according to judicial documents.
Prosecutors also agreed not to pursue further charges against Mr. Weisselberg related to his time at the Trump Organization.
On February 16, Trump was found liable for manipulating the value of property to obtain favorable terms on loans and insurance, and was fined a significantly higher $355 million, including interest. Ta.
Trump, who was a prominent New York real estate developer and businessman before entering politics, will sell or mortgage real estate to cover the shredding sentence if his ongoing appeal of the sentence is unsuccessful. There is a possibility that you will have to submit the .
~Next is the Trump trial~
Weisselberg previously served time at New York's notorious Rikers Island prison for his role in corporate tax fraud, for which Trump was fined $1.6 million.
So he will now serve his sentence.
He was personally fined $2 million after pleading guilty and agreeing to testify at Trump's company trial.
Weisselberg's testimony helped prosecutors secure convictions for the Trump Organization and sister company Trump Payroll Corp. on 17 similar counts of fraud and tax evasion, including falsifying business records.
Despite testifying against the company, Weisselberg does not believe the former president, who is running for the White House again in 2024, was involved in any crime.
“Mr. Allen Weisselberg looks forward to moving beyond this situation,” attorney Seth Rosenberg previously said in a statement to AFP.
Jury selection begins Monday in the criminal trial of Trump, who is accused of falsifying business records for payments his lawyer Michael Cohen made to porn star Stormy Daniels on the eve of the 2016 presidential election.
The payment was meant to keep her from disclosing their sexual relationship.
Trump currently faces four criminal charges in his name and 88 felonies for various alleged crimes.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
