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
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • 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
Post
Email

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

Newton Citizen, The (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

Medicare Insurance Market Giants Spending Is Going to Boom : Aetna, Health Care Service, Cigna

Newer

Gov't: Prudential illegally denied life insurance claims

Advisor News

  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
  • Three estate planning ideas to protect your clients and their wealth
  • What advisors must know about accessible client documents
More Advisor News

Annuity News

  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity News

Health/Employee Benefits News

  • An Application for the Trademark “UHCCARECONNECT” Has Been Filed by UnitedHealth Group Incorporated: UnitedHealth Group Incorporated
  • Findings from University of Colorado Anschutz in Hypertension Provides New Insights (Blood Pressure Control Among Adherent vs Nonadherent Medicare Patients With Hypertension): Cardiovascular Diseases and Conditions – Hypertension
  • DeKalb County employees will still have insured access to GLP-1s
  • New York approves small, individual insurance plan rate hikes for 2027
  • AM Best Affirms Credit Ratings of Ping An Health Insurance Company of China, Ltd.
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Zurich Insurance Group Ltd and Its Main Rated Subsidiaries
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on China’s Non-Life Insurance Segment
  • Understanding Nonequity Split-Dollar
  • Life insurance loans: what to do when a client shows interest in one
  • Do You Qualify for Any of September's Class Action Settlements?
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • 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.