Tuesday, December 6, 2022

Breaking News: Trump Org. guilty on all counts in New York criminal tax fraud trial

NEW YORK — The Trump Organization was convicted on all charges in a criminal tax fraud scheme on Tuesday.

A New York Supreme Court jury reached the verdict in the case — which could cost the Trump Org. up to $1.6 million in fines — after two days of deliberation following a monthlong trial that included convicted former Trump Org. chief finance officer Allen Weisselberg as a star witness.

Prosecutors from the Manhattan District Attorney's Office said the company criminally dodged taxes and suppressed payroll costs by lavishing its executives with unreported perks, such as leases on luxury cars and apartments.

Former President Donald Trump was not charged, but Weisselberg, who still works for the Trump Org. pleaded guilty to the charges and agreed to testify against his employer in exchange for a lighter sentence.

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