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Wednesday, December 7, 2022


Trump Organization found guilty of tax fraud




A Manhattan jury on Tuesday found former President Donald Trump's family real estate business guilty of criminal tax fraud and other financial crimes. The case involved a 15-year scheme to dodge taxes by compensating top executives with luxury apartments and automobiles, private school tuition for their relatives, and other fancy perks. Prosecutors said there was a "culture of fraud and deception" at two Trump Organization entities — Trump Corp. and Trump Payroll Corp. The Manhattan district attorney's office got the Trumps' long-serving chief financial officer, Allen Weisselberg, to plead guilty and testify about the scheme, which he orchestrated. Trump and his eldest sons, who run the company, were not directly implicated. Trump said he was "disappointed with the verdict" and would appeal.

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