Former President Donald Trump’s company, the Trump Organization, was convicted of tax fraud and other financial crimes on Tuesday in the case brought by the Manhattan District Attorney.
Meanwhile, Crackhead Hunter Biden continues to walk free, despite admitting in December 2020 — after the presidential election — that he was under federal investigation for possible tax violations linked to his foreign business activities.
Trump’s real estate organization was a convicted on all 17 counts on the second day of deliberation following the trial, where the Trump Organization was accused of being complicit in a scheme by top executives to avoid paying personal income taxes on job perks “such as rent-free apartments and luxury cars,” the Associated Press reported.
The organization could face up to a maximum of $1.62 million, which is a comparably small amount for the company’s size, but the Associated Press noted that “the conviction might make some of its future deals more complicated.” Overall, the conviction comes after New York prosecutors have spent the last three years investigating the former president and his businesses.
Trump himself was not a target of the investigation or proseuction.
The case against the company was based on the testimony from the Trump Organization’s former finance chief, Allen Weisselberg. Weisselberg testified in exchange for only having a five-month jail sentence after previously pleading guilty to charges that he manipulated the Trump Organization’s books as well as his own compensation package to reduce his taxes.
Weisselberg refused pressure to testify against Trump as part of the plea deal.
Click this link for the original source of this article.
This content is courtesy of, and owned and copyrighted by, https://outragedpatriot.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.