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

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

The sentencing comes three days after Justice Juan Merchan of the Manhattan criminal court ordered Allen Weisselberg, who worked for Trump's family for a half-century and was the company's former chief financial officer, to jail for five months after he testified as the prosecution's star witness.

Bill Black, a professor at the University of Missouri-Kansas City School of Law specializing in white-collar crime, called the expected penalty a"rounding error" that offers"zero deterrence" to others, including Trump. Trump also faces a $250 million civil lawsuit by state Attorney General Letitia James accusing him and his adult children Donald Trump Jr., Ivanka Trump and Eric Trump of inflating his net worth and the value of his company's assets to save money on loans and insurance.

Trump himself signed bonus checks, prosecutors said, as well as the lease on Weisselberg's luxury Manhattan apartment and private school tuition for the CFO's grandchildren.

 

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