This is a Breaking Story that will be updated later…..
This was a criminal trial…,,
Donald Trump was NOT charged though it IS his company…. the max fine mentioned is only $1.6 million….
Will the Feds follow up on this?
Of course Trump will appeal the verdict …..
Donald Trump’s company was convicted of tax fraud Tuesday for helping executives dodge taxes on lavish perks such as Manhattan apartments and luxury cars, in a significant repudiation of financial practices at the former president’s business.
A jury found two corporate entities at the Trump Organization guilty on all 17 counts, including conspiracy charges and falsifying business records. Trump himself was not on trial. The verdict came on the second day of deliberations.
The conviction is a validation for New York prosecutors, who have spent three years investigating the former president and his businesses.
Manhattan District Attorney Alvin Bragg said the verdict “underscores that in Manhattan we have one standard of justice for all.”
As punishment, the Trump Organization could be fined up to $1.6 million — a relatively small amount for a company of its size, though the conviction might make some of its future deals more complicated.….
More @ AP….
jamesb says
BTW?
Michael Cohen the Trump lawyer and
Jared Kushner’s dad went to jail for tax fraud
Democratic Socialist Dave says
So did Al Capone.
jamesb says
Touche’