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Trump Organization Fined in Tax Fraud Case

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Gavel via Wikimedia Commons Image

On Friday, the Trump Organization was fined $1.6 million following its conviction last month for criminal tax fraud.

It was the maximum penalty former President Trump’s sprawling business organization could face for what prosecutors have described as a long-running scheme to evade taxes by providing perks to company executives.

Earlier this week, former Chief Financial Officer Allen Weisselberg was sentenced to fives months in prison as well as pay nearly $2 million in taxes, penalties, and interest, and serve five years of probation for his role in the 15-year tax scheme.

As Great America News Desk previously reported:

Allen Weisselberg, the former chief financial officer for the Trump Organization, is expected to be sent to Rikers Island jail in New York after receiving his sentence for his participation in a tax fraud scheme.

Wesselberg, along with other top executives, pled guilty to running the scheme for the past 15 years where he and others received bonuses and other kickbacks designed to save the real estate company money.

On Tuesday, the CFO was sentenced to five months in jail as well as pay nearly $2 million in taxes, penalties, and interest, and serve five years of probation.

Rikers Island is one of New York’s most well-known jails and has become notorious for violence and drug use.

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2 COMMENTS

  1. Relative to Trumps CFO to be sent to Riker’ Island, is a travesty of the law, and a true Miscarriage of Justice.
    Almost all corporations pay for lease cars for their executives!
    This prosecution and judge should be sent to Riker’s Island for their CRIMINAL Miscarriage of Justice, and their OBVIOUS HATRED of Trump, and anyone who is ever associated with him in any way, shape or form!!!
    This is pure MARXISM AND HATRED IN ACTION!!
    God help America with people like this in our Justice System. But then this doesn’t even resemble Justice on any level!
    Just Sayin’

  2. American Justice used to be the VERY BEST in the entire World! Since the Marxists have entered the Law Profession. It is now completely “unrecognizable”, as American Justice.
    But now nothing more than “unAmerican” Chinese Communist Style, Marxist Justice.
    God help America!

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