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US court convicts Trump Real Estate Company of tax fraud

2022-12-07T08:03:32.676Z


New York, SANA- An American court has convicted the real estate company of former US President Donald Trump of plotting a tactic


New York-SANA

A US court has convicted former US President Donald Trump's real estate company of a 15-year tax fraud scheme.

Reuters reported that the court in New York found that Trump's company, which operates hotels, golf courses and other real estate around the world, was guilty of paying personal expenses to senior executives, including Chief Financial Officer Alan Wieselberg, and issuing bonus checks to them as independent contractors.

The company faces fines of up to $1.6 million after it was convicted of all charges against it in the case, which included conspiracy to defraud the tax authorities and falsify company records. The judge set January 13 as the date for announcing the penalty.

This conviction adds to the legal problems facing Trump at a time when he began his campaign to run again for the presidency in the United States in 2024.

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Source: sena

All news articles on 2022-12-07

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