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.”
