Trump's former CFO faces 5 months jail time for perjuring himself in the former president's NY fraud case

• Allen Weisselberg, Trump Org's top fiscal officer for 30 years, pleaded guilty to perjury
• The ex-CFO lied on the stand at Donald Trump's civil fraud trial in New York last year.
• He will be sentenced before Judge Juan Merchan to five months in jail.

Allen Weisselberg, Donald Trump's longtime, loyal top moneyman at the Trump Organization, pleaded guilty Monday to lying on the stand during the former president's civil fraud trial in New York last year.

The former CFO, who already served 100 days in a New York City jail, now faces five additional months of jail time.

Weisselberg admitted lying on two occasions.

The first time was during a court-mandated deposition under oath before the NY Attorney General on May 12, 2023. The second time was at the Trump civil trial on October 10, 2023.

Manhattan Assistant District Attorney Gary Fishbein said in court before Criminal Court Judge Laurie Peterson that DA Alvin Bragg's office agreed to the five-month sentence after balancing the seriousness of the charges against Weisselberg's charges, his age, and immediate cooperation.

Perjury "tears at the very fabric of our justice system," Fishbein said.

An attorney for Weisselberg, 76, and a spokesperson for the Manhattan District Attorney's office did not immediately return requests for comment.

Trump's attorney-turned-nemesis Michael Cohen told Business Insider Monday morning that he "absolutely" expects Weisselberg to face jail time, but had no details on the plea deal at that time.

"Like everyone, I'm waiting for what the repercussions are going to be for Allen Weisselberg for lying yet again," Cohen said.

"He absolutely faces jail time," he said. "He's pleading guilty to a perjury charge, including the fact that he got sweetheart deal the first time around of a near 100 days."

Weisselberg has been a principal witness in three of Trump's most dangerous court cases.

He — or at least his paperwork — will be key to Trump's upcoming hush-money criminal trial.

Previously, in early 2023, Weisselberg served more than three months for admittedly running a complex, decades-long payroll-tax fraud scheme at Trump Org.

More recently, he was a key witness last October at Trump's Manhattan civil trial, in a case that uncovered a decade of fraud in the company's annual financial statements.

It is in this testimony that Weisselberg allegedly downplayed at least his own role in the fraudulent exaggerations a Manhattan judge found Trump used to secure $168 million in loan interest breaks.

News of Weisselberg's plea negotiations was first broken by the New York Times one month ago.