Trump CFO Allen Weisselberg released from Rikers after 99 days in jail for tax fraud [New York Daily News] - 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 99 days in jail for tax fraud [New York Daily News]

New York Daily News, The (NY)

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 just under 100 days, the minimum he was required to serve with good behavior, per his plea deal.

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.

Weisselberg’s lawyer did not immediately return a call seeking comment.

©2023 New York Daily News. Visit nydailynews.com. Distributed by Tribune Content Agency, LLC.

Older

Downstream Property Insurance in the Energy Sector Market Is Set to Fly High in Years to Come: According to AMA, the Global Downstream Property Insurance in the Energy Sector market is expected to see growth rate of 6.3%.

Newer

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

Advisor News

  • How student loan debt impacts 401(k) balances
  • The ‘sandwich generation’ faces compounded barriers to retirement savings
  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
More Advisor News

Annuity News

  • Bitcoin gains ground in retirement market with Equitable annuity option
  • Best’s Special Report: First-Half 2026 Net Income in U.S. Life/Annuity Insurance Industry Dips Slightly
  • The next phase of life insurance investing
  • Ty J. Young Wealth Management Acquires Senior Insurance Services, Expanding Its Growing Annuity Firm: Ty J. Young Wealth Management
  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
More Annuity News

Health/Employee Benefits News

  • What do those on Medicare need to do to prepare?
  • Centauri Health Solutions Acquires Benny the Benefits Navigator, Expands Capabilities
  • Specialty Dental Brands (SDB) Partners With Lightspun to Automate Provider Onboarding and Credentialing 
  • For some CT residents, double-digit health insurance hikes on the way. 'Left to drown'
  • Scott demands answers from Labor Department on “fake job” health plans
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Better Business Bureau scam alert: Beware of life insurance impostors targeting older adults
  • Enterprise Life Marks 25 Years With Pledge to Drive Innovation
  • The next phase of life insurance investing
  • State reverses one-third of health insurer decisions
  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
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.