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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

NEW YORK, Jan 13 — Donald Trump today will learn how the company that bears the former US president’s name will be punished after being found guilty of scheming to defraud tax...

NEW YORK, Jan 13 — Donald Trump today will learn how the company that bears the former US president’s name will be punished after being found guilty of scheming to defraud tax authorities for 15 years.

Trump’s company faces only a maximum US$1.6 million penalty, but has said it plans to appeal. No one else was charged or faces jail time in the case. “This is a farce,” he said. “No one will stop committing these kinds of crimes because of this sentence.” Bragg and James are Democrats, as is Bragg’s predecessor Cyrus Vance, who brought the criminal case. Trump is seeking the presidency in 2024, after losing his re-election bid in 2020.

“The whole narrative that Donald Trump was blissfully ignorant is just not real,” Assistant District Attorney Joshua Steinglass told jurors in his closing argument.

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 SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Donald Trump's company to be sentenced for 15-year tax fraudNEW YORK (Reuters) - Donald Trump on Friday will learn how the company that bears the former U.S. president's name will be punished after being found guilty of scheming to defraud tax authorities for 15 years.
Source: staronline - 🏆 4. / 75 Read more »

US stocks retreat despite better inflation dataNEW YORK, Jan 12 — Wall Street stocks declined early today as markets weighed how the latest signs of moderating inflation will affect upcoming Federal Reserve interest rate...
Source: malaymail - 🏆 1. / 86 Read more »