Ex-Trump CFO admits to perjury ahead of NY trial

Weisselberg pleaded guilty over two incidents in which he lied under oath about his participation in the inflation of the Trump assets, specifically about the size of a Trump Tower penthouse. — Bloomberg

New York: Allen Weisselberg, the former chief financial officer of Donald Trump’s real estate company, has pleaded guilty to perjury over false testimony he gave to support Trump in New York state’s civil fraud case.

Weisselberg, who was led into a lower Manhattan courtroom in handcuffs Monday, was also a defendant in the civil suit brought by New York attorney general Letitia James. He entered his plea following talks with Manhattan district attorney Alvin Bragg and, under an agreement with Bragg’s office, will be sentenced to five months in jail when he is sentenced next month.