Longtime Trump CFO Weisselberg to Report to Jail and Leave Firm
- He was star witness at criminal tax fraud trial of Trump units
- Longtime finance chief, then senior adviser, now to leave firm
Donald Trump and Allen Weisselberg in 2017.
Photographer: Timothy A. Clary/AFP/Getty ImagesAllen Weisselberg, who oversaw the finances at Donald Trump’s companies for decades, was led out of a Manhattan courtroom in handcuffs after being sentenced to 5 months in jail for tax fraud, and will finally part ways with the Trump Organization.
Weisselberg, the firm’s longtime chief financial officer, served three generations of the family but stepped down as CFO last year after striking a plea deal with prosecutors, staying on as a senior adviser at his full $640,000 salary. The 75-year-old executive will leave the firm after he completes his sentence at New York’s notorious Rikers Island complex, according to a person familiar with the matter who asked not to be identified because it is private. He received his $500,000 annual bonus this month, the person said.