Trump Organization Fined $1.61 Million for Tax Fraud 🚨

The Trump Organization has been ordered to pay $1.61 million after being convicted of tax fraud, as reported by NPR. Discover the details of the court ruling and its implications.

Trump Organization Fined $1.61 Million for Tax Fraud 🚨
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486 views β€’ Jan 13, 2023
Trump Organization Fined $1.61 Million for Tax Fraud 🚨

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Trump Organization Sentenced , to Pay $1.61 Million for Tax Fraud.<br />NPR reports that on Jan. 13, the Manhattan <br />criminal court ordered two of Trump's companies <br />to pay the combined amount for tax fraud.<br />Payment is due within 14 days of sentencing.<br />This conviction was consequential, the first time ever for a criminal conviction of former President Trump's companies, Alvin Bragg, Manhattan District Attorney, via statement.<br />However, Manhattan District Attorney Alvin Bragg <br />thinks the organization's fine, which is the most allowed <br />per state sentencing guidelines, isn't enough.<br />Our laws in this state need to change in order to capture this type of decade-plus systemic <br />and egregious fraud, Alvin Bragg, Manhattan District Attorney, via statement.<br />Trump Organization spokesperson <br />Kimberly Benza said the <br />company intends to appeal.<br />New York has become the crime and murder capital of the world, , Kimberly Benza, Trump Organization spokesperson, via statement.<br />... yet these politically motivated prosecutors will stop at nothing to get President Trump and continue the never ending witch-hunt which began the day he announced his presidency, Kimberly Benza, Trump Organization spokesperson, via statement.<br />The Trump Organization's longtime CFO, <br />Allen Weisselberg, was sentenced to five months in prison earlier this week for his role in the tax fraud scheme.<br />Benza previously referred to Weisselberg <br />as a "victim" of the ordeal.<br />Allen Weisselberg is a victim. He was threatened, intimidated and terrorized. , Kimberly Benza, Trump Organization spokesperson, via statement.<br />He was given a choice of pleading guilty and serving 90 days in prison or serving the rest of his life in jail β€” all of this over a corporate car and standard employee benefits, Kimberly Benza, Trump Organization spokesperson, via statement

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486

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1:30

Published

Jan 13, 2023

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