Former Trump Organization CFO gets five months in jail
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/11/2026
- Wall Street posts weekly gains with earnings, inflation data on tap
- Oil prices settle higher as more production shut ahead of hurricane
- Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports
- UBS flags level in gold prices where dip buyers will likely emerge
- Telecom stocks tumble on SpaceX spectrum acquisition news
Tweet
Share
E-mail
Trump Organization's former Chief Financial Officer Allen Weisselberg arrives for sentencing for tax fraud scheme at in Manhattan Criminal Court in New York, U.S., January 10, 2023. REUTERS/David 'Dee' Delgado
NEW YORK (Reuters) - A longtime executive for Donald Trump is expected to be sent to New York's Rikers Island jail after being sentenced on Tuesday to five months behind bars for helping engineer a 15-year tax fraud scheme at the former president's real estate company.
Allen Weisselberg, the Trump Organization's former chief financial officer, pleaded guilty in August, admitting that from 2005 to 2017 he and other executives received bonuses and perks that saved the company and themselves money.
The sentence was imposed by Justice Juan Merchan in a New York state court in Manhattan.
(Reporting by Karen Freifeld in New York; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jet fuel prices near $5 per gallon in New York and Los Angeles
- Pope Leo says he will undergo surgery for small growth on lung
- Exclusive-INWIT investors line up financing for possible take-private, sources say
Create E-mail Alert Related Categories
ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
