NEW YORK—Donald Trump’s company was convicted of tax fraud Tuesday for helping executives dodge taxes on extravagant perks such as Manhattan apartments and luxury cars, a repudiation of financial practices at the former president’s business as he mounts another run for the White House.
“A former president’s companies now stand convicted of crimes. That is consequential,” Manhattan District Attorney Alvin Bragg said outside the courtroom. “It underscores that in Manhattan we have one standard of justice for all.” Those inquiries are being led by a newly named Justice Department special counsel. The district attorney in Atlanta is also leading an investigation into attempts by Trump and his allies to overturn his loss in that state.
To convict the Trump Organization, prosecutors had to convince jurors that Weisselberg or an underling he worked with on the scheme was a “high managerial” agent acting on the company’s behalf and that the company also benefited.