FILE - Allen Weisselberg, right, stands behind then President-elect Donald Trump during a news conference in the lobby of Trump Tower in New York, Jan. 11, 2017. Weisselberg, a former longtime executive in Donald Trump s real estate empire, is set to be sentenced for lying under oath in the ex-presidents New York civil fraud case. Weisselberg is expected to be sentenced Wednesday to five months in jail after pleading guilty last month to two counts of perjury.
Trump’s family employed Weisselberg for nearly 50 years, then gave him a $2 million severance deal when the tax charges prompted him to retire. The company continues to pay his legal bills. Weisselberg's expected sentence would mirror his previous case in which he was ordered to serve five months in jail but was eligible for release after little more than three months with good behavior. Prior to that, he had no criminal record.
After Forbes magazine published an article in 2017 disputing the size of Trump’s penthouse, its estimated value on his financial statement was cut from $327 million to about $117 million.with the headline “Trump’s Longtime CFO Lied, Under Oath, About Trump Tower Penthouse.”
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