Trump company set for criminal trial in off-books pay scheme

  • 📰 ABC7NY
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

If convicted, the Trump Organization could be fined more than $1 million - but that's not the only potential fallout.

Trump's ardent supporters aren't likely to abandon him, no matter the outcome, but a guilty verdict could hamper his company's ability to get loans and make deals. New York City, for one, could use the legal cloud as new justification for seeking to oust the company from running a city-owned golf course.

Weisselberg pleaded guilty in August to taking in over $1.7 million worth of untaxed perks from the company, including school tuition for his grandchildren, a Manhattan apartment and Mercedes cars for him and his wife. McConney was granted limited immunity to testify last year before a grand jury and could also make an appearance on the witness stand at the trial. The company's director of security, Matthew Calamari Jr., the son of chief operating officer Matthew Calamari Sr., also received immunity for grand jury testimony.

The Trump Organization is the entity through which the former president manages his many ventures, including his real estate investments, his many marketing deals and his TV pursuits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 592. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Here we go again with all the lies and avoiding the real issues that plague us

All you do is tweet about trump!! Shut up already

Happy Halloween 👻

Ireland Ireland Latest News, Ireland Ireland Headlines