Donald Trump's company to be sentenced for 15-year tax fraud

  • 📰 TODAYonline
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NEW YORK — Mr Donald Trump on Friday (Jan 13) will learn how the company that bears the former United States president's name will be punished after being found guilty of scheming to defraud tax authorities for 15 years.

A New York state judge will impose the sentence after jurors in Manhattan found two Trump Organisation affiliates guilty of 17 criminal charges last month.

Manhattan District Attorney Alvin Bragg's office, which brought the case, is still conducting a criminal probe into Mr Trump's business practices. The case has long been a thorn in the side of the Republican former president, who calls it part of a witch hunt by Democrats who dislike him and his politics.

At a four-week trial, prosecutors offered evidence that Mr Trump's company covered personal expenses such as rent and car leases for executives without reporting them as income, and pretended that Christmas bonuses were non-employee compensation.

 

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

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines