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The Trump Organization is convicted of tax fraud by a jury in New York

2022-12-06T21:21:42.730Z


Former President Donald Trump's company was accused of orchestrating a 15-year scheme to compensate top executives off the record.


By Adam Reiss, Chloe Atkins and Dareh Gregorian -

NBC News

A New York criminal court jury found the Trump Organization guilty on Tuesday of all counts in a sweeping 15-year tax fraud scheme that prosecutors say was orchestrated by top company executives.

The jurors deliberated for a little over a day before returning their guilty verdict.

The 15-count indictment charges the company and its chief financial officer, Allen Weisselberg, with conspiracy to defraud, tax fraud and falsification of records.

Weisselberg was also charged with grand theft.

Prosecutors say he used his charge to avoid paying taxes on an income of more than $1.7 million.

Former US President Donald Trump speaks at the Mar-a-Lago club in Palm Beach, Florida, on November 15, 2022Alon Skuy / AFP via Getty Images

The sentence will be announced on January 13.

Prosecutors alleged that Trump Corp. and Trump Payroll Corp. paid their “already highly paid executives,” including Weisselberg, even more by “cheating on their taxes” through a series of schemes that included unofficial perks like luxury cars. and free apartments.



This is a developing story.

Please check back for updates.

Source: telemundo

All news articles on 2022-12-06

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