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Trump Organization Convicted of Tax Fraud

Trump Organization Convicted of Tax Fraud
Trump Organization Convicted of Tax Fraud


Donald Trump’s namesake company was convicted of tax crimes committed by two of its longtime executives after a Manhattan trial that gave jurors a peek at some of the inner workings of the Trump Organization’s finances, the Washington Post reports.

New York Times: “The conviction on all 17 counts, after more than a day of jury deliberations in State Supreme Court in Manhattan, resulted from a long-running scheme in which the Trump Organization doled out off-the-books luxury perks to some executives: They received fancy apartments, leased Mercedes-Benzes, even private school tuition for relatives, none of which they paid taxes on.”

Wall Street Journal: “The jury found two Trump Organization corporate entities guilty of all criminal counts they faced, including conspiracy, criminal tax fraud and falsifying business records. The two entities could face a total of more than $1.6 million in fines.”

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