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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