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Former Trump executive Allen Weisselberg sentenced to 5 months in jail for lying in civil fraud case

  • Former CFO Weisselberg lied about a Trump Tower deal, leading to $455M penalty for Trump and $1M for Weisselberg. Both appeal.
  • Trump, his executives deceived banks, insurers with false wealth statements, resulting in trial and penalties. Weisselberg's testimony found "intentionally evasive" and "highly unreliable."
  • Trump faces hush money trial for covering up payments during 2016 campaign. First of four criminal cases denying guilt.
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Forbes broke the news in United States on Wednesday, April 10, 2024.
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