Trump family business convicted of tax fraud

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The organization must pay a fine of 1.5 million euros

While companies “can’t spend time in jail,” the United States reminded entities and executives this Friday that “you can’t cheat the IRS and get away with it.” That’s how clear Alvin Bragg, the Manhattan District Attorney, has made it. New York judge Juan Merchan has ordered the Trump Organization, the former president’s family business, to pay a $1.61 million fine after 15 years in prison for conspiracy to defraud of the tax authorities.

The conviction comes after jurors found two members of the Trump Organization guilty of 17 felonies last month. Merchan sentenced Allen Weisselberg, who worked for the Republican mogul’s family for half a century and was the company’s former chief financial officer, to five months in prison after testifying as the prosecution’s chief witness. Susan Necheles, one of the defense attorneys, said the former president’s company plans to appeal.

Source: La Verdad

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