A New York judge has sentenced former Trump Organization CFO (chief financial officer) Allen Weisselberg, 75, to five months in prison after he turned the state’s witness and testified to tax frauds carried out by the company for close to a decade. Weisselberg has himself committed tax frauds on $1.7 million he had received as perks while working for the Trumps.
Wiesselberg is expected to report to New York’s Riker’s Island where he is set to begin serving his sentence at the earliest.
Allen Weisselberg was born on August 15, 1947. He grew up in the neighborhood of Brownsville in Brooklyn, New York. Wisselberg studied at East New York’s Thomas Jefferson High School.
After his schooling, the ex-Trump Org. CFO enrolled himself at Pace University from where he obtained an undergraduate degree in accounting.
Weisselberg began working for the former President’s father, Fred Trump, in 1973. When the 1980s came, he was an influential figure of the company, which, by that time was being helmed by Donald Trump. He had been working as Trump Hotels & Casino Resorts’ CFO since 2000.
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Weisselberg told jurors he betrayed the Trump family’s trust by conspiring with a subordinate to hide more than a decade’s worth of extras from his income, including a free Manhattan apartment, luxury cars and his grandchildren’s private school tuition. He said they fudged payroll records and issued falsified W-2 forms.
A Manhattan jury convicted the Trump Organization in December, finding that Weisselberg had been a “high managerial” agent entrusted to act on behalf of the company and its various entities. Weisselberg’s arrangement reduced his own personal income taxes but also saved the company money because it didn’t have to pay him more to cover the cost of the perks.
Weisselberg lived in Manhattan’s Upper West Side with his wife Hilary. They have two sons- Jack and Barry.
