Trump CFO Allen Weisselberg released from Rikers after 100 days in jail for tax fraud - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 19, 2023 Newswires
Share
Share
Tweet
Email

Trump CFO Allen Weisselberg released from Rikers after 100 days in jail for tax fraud

Jackson Progress-Argus (GA)

NEW YORK — The Trump Organization's convicted finance chief Allen Weisselberg was sprung from Rikers Island on Wednesday.

Donald Trump's longtime moneyman, convicted of criminal tax fraud last August, had been behind bars for 100 days, the minimum he was required to serve with good behavior.

A city Department of Correction source said Weisselberg wasn't given special treatment. He was released at the parking lot on the Queens side of the bridge to Rikers.

"Anyone who truly knows Allen feels sorry that he had to go through this," Nick Gravante, who represented Weisselberg in the case, said.

"I hope he can now retire in peace, spend time with his wonderful family, and leave the circus in the rearview mirror. It was my honor and privilege to have represented him. He's a true gentleman."

Weisselberg's release comes weeks after Trump's historic indictment on felony business fraud charges. The DA's case against the former president stems from a years-long criminal probe into his business dealings, which spun off cases against his company and Weisselberg, who started out working for Donald's father, Fred, in the 1970s.

The Daily News reported last month that prosecutors were still trying to flip Weisselberg, 75, post-sentencing, threatening him with potential insurance fraud charges related to misrepresentations to Zurich Insurance Group.

Sources told The News earlier this month that Trump's legal team sought to have Gravante swapped out as his attorney upon learning he advised his client to be amenable to hearing what the prosecution team had to say.

Weisselberg is among those being sued alongside Trump by the New York attorney general in a $250 million lawsuit alleging rampant fraud at the Trump Organization.

Representatives for Trump and the Trump Organization did not immediately respond to requests seeking comment.

Older

Credit Insurance Software Market Next Big Thing : Major Giants DXC Technology, Codix, Onguard: Credit Insurance Software Market Next Big Thing

Newer

Death Insurance Market Will Hit Big Revenues in Future : AEGON Allianz, Cardif, Prudential

Advisor News

  • Could workplace benefits help solve America’s long-term care gap?
  • The best way to use a tax refund? Create a holistic plan
  • CFP Board appoints K. Dane Snowden as CEO
  • TIAA unveils ‘policy roadmap’ to boost retirement readiness
  • 2026 may bring higher volatility, slower GDP growth, experts say
More Advisor News

Annuity News

  • $80k surrender charge at stake as Navy vet, Ameritas do battle in court
  • Sammons Institutional Group® Launches Summit LadderedSM
  • Protective Expands Life & Annuity Distribution with Alfa Insurance
  • Annuities: A key tool in battling inflation
  • Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
More Annuity News

Health/Employee Benefits News

  • SilverSummit continues investment in rural healthcare
  • Could workplace benefits help solve America’s long-term care gap?
  • Long-Term Care Insurance: What you need to know
  • DEMOCRATS: Iowa’s farm income projected to plummet in 2026, ag-related layoffs expected to continue. Who is here to help?
  • VERMONT SMALL BUSINESSES SUPPORT HOUSE BILL TO IMPROVE AFFORDABLE HEALTH INSURANCE OPTIONS
More Health/Employee Benefits News

Life Insurance News

  • Elevance making difficult decisions amid healthcare minefield
  • WMATA TRAIN OPERATORS PLEAD GUILTY IN HEALTH CARE FRAUD SCHEME
  • Protective Expands Life & Annuity Distribution with Alfa Insurance
  • Indiana woman refiles National Life lawsuit over IUL that returned 0%
  • TAIWAN'S BACKDOOR CURRENCY MANIPULATION
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet