Two Trump companies sentenced to pay $1.6M after criminal tax fraud convictions

  • 📰 USATODAY
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Two Trump companies sentenced to pay $1.6 million after criminal tax fraud convictions

It is uncertain whether the convictions and penalties will have a significant impact on Trump's businesses.

Defense lawyers argued that Weisselberg secretly orchestrated and benefitted from the scheme, while keeping Trump and others in the dark. Weisselberg did it for Weisselberg, they repeatedly told jurors.appeared to help both the defense teams and prosecutors. He testified that he used the scheme largely to reduce his federal, state and city tax burdens - but also acknowledged the maneuvers produced lower executive salaries and tax benefits for the companies.

Merchan instructed jurors that if the agent's actions"were taken merely for personal gain, they were not in behalf of the corporation."

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:

 /  🏆 100. in İE
 

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

If you Google NY's AG salary, it is not posted? It costs more to prosecute than the actual fines.

About time.

Cut me a break, like Trump does his own taxes. This is all political theater to show what can happen if an outsider attempts to drain the swamp. Need term limits, balanced budget and tort reform. Problem is swamp dwellers will use government agencies and tax dollars to thwart

But what is the IRS going to find them?

“ I know taxes better than anyone. Believe me! Writing this off next year. It’s going to be the best writeoff you’ve ever seen. Like beautiful. Believe me.”

When Biden was VP, he handled top secret material like it was used tissue paper.

When people do criminal tax fraud they go to jail but when people do it on behalf of companies the companies just get fined

Congressthing Hank johnson is sure that somehow Donald Trump is responsible for the top secret material in bidens garage.

Ireland Ireland Latest News, Ireland Ireland Headlines