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Allen Weisselberg, the decades-long chief financial officer at former President Donald Trump’s family business, was sentenced Tuesday to five months behind bars for financial crimes he committed while working as a top executive there.
He also will serve five years‘ probation and pay some $2 million in penalties and back taxes.
Weisselberg, 75, pleaded guilty to 15 counts in August, including grand larceny tax fraud and falsifying business records. That paved the way for his testimony at the tax fraud trial of two of the Trump Organization’s business entities: the Trump Corporation (which encompasses most of Trump’s business empire) and the Trump Payroll Corporation (which processes payments to staff).
