Trump Organization convicted in executive tax dodge scheme

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The Associated PRess

NEW YORK (AP) – Donald Trump’s company has been convicted of tax fraud for a scheme by top executives to avoid paying personal income taxes on perks such as apartments and luxury cars.

As punishment, the Trump Organization could be fined up to $1.6 million.

The guilty verdict Tuesday day came on the second day of deliberations in the only criminal trial to arise from the Manhattan district attorney’s three-year investigation of the former president and his businesses.

Longtime Trump Organization finance chief Allen Weisselberg previously pleaded guilty to hatching the 15-year scheme.

He testified at the trial in exchange for a promised five-month jail sentence. Trump himself was not on trial.

Read the full story on AP News right here.

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12/6/2022 3:51:28 PM (GMT -6:00)

Categories: Regional and US News