The Trump Organization was hit with $1.6 million in fines Friday when a New York judge sentenced it for running aTrump Corp. and Trump Payroll Corp. — both subsidiaries of the Trump Organization — werelast month on 17 counts, including conspiracy, criminal tax fraud and falsifying business records.
"While corporations can’t serve jail time, this consequential conviction and sentencing serves as a reminder to corporations and executives that you cannot defraud tax authorities and get away with it," Bragg said. Weisselberg and the company were first charged in June 2021 after a yearslong investigation into the company's business practices by the Manhattan district attorney's office and the state attorney general's office.
I'm tax professional: reason Trump is worried sick about his taxes being released is HE FAILED TO REPORT 'DEBT FORGIVENESS INCOME' when he wrote off his failed real estate ventures in 2009 (yr open in audit now). When bank writes down/off loans=his income!
Another incidence in a looooooong list Trump malfeasance.
More smears, who cares anymore, you guys at NBC News are complicit LIERS!
Jim_Jordan RepMattGaetz Pls have an immediate look at Wrays taxes as he used a govt plane for personal use as did pelosi, schumer, clinton, oboma,biden etc. Surely the plane exp is far greater than a company car. Big monies. Big frauds.
Trump organization profit over $500 million tax fraud and only find $1.5 million , white justice , Art of the steal
He profit a couple $100 million , and only find $ 1.5 million , white justice
Almost seems like a deal to be a tax fraud.
Still trying to deflect from the fact that Biden was just busted TWICE for the same thing you accused trump of? You media lapdogs for the DNC are pathetic
I'm tax professional: reason Trump is worried sick about his taxes being released is HE FAILED TO REPORT 'DEBT FORGIVENESS INCOME' when he wrote off his failed real estate ventures in 2009 (yr open in audit now). When bank writes down/off loans=his income!
Only $106,000 per year for 15 years of criminal fraud.
That seems like a low figure.
That slap on the wrist will teach them to do it again since $1.6 Million is likely less than the money they fraudulently made.
Happy Friday the 13th.
Now let’s do the Government next…
How many fines have big tech and big pharma paid in the last 20 years? This is nothing compared to the billions and billions paid out by companies who are protected by the government and still commit crimes. BlueAnon loves to whine about Trump though.
Such BS, a slap on the wrist for a serial criminal
So are they going after all the other companies who have the same practices now?
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