Former U.S. President Donald Trump speaks at the Conservative Political Action Conference at the Hilton Anatole on Aug. 06 in Dallas, Texas.A jury in Manhattan has found former President Donald Trump's company guilty of a long-running criminal tax fraud scheme that lasted into his presidency.
In all, the jury found two entities controlled by Trump guilty on 17 counts of criminal tax fraud and falsifying business records. The maximum penalty is $1.6 million. "The notion that a company could be held responsible for an employees' actions, to benefit themselves, on their own personal tax returns is simply preposterous," the statement read."Every witness repeatedly testified that President Trump and the Trump family knew nothing about Allen Weisselberg's actions," Susan Necheles said in a statement., who became the star witness for the prosecution in the case.
In his summation, assistant district attorney Joshua Steinglass pointed a rhetorical finger directly at Trump, saying Trump sanctioned tax fraud. The defense vigorously objected, and the objection was sustained by the judge. During his testimony, which laid out the details of his criminal tax fraud, Weisselberg acknowledged that he still receives a $640,000 salary from the Trump Organization – though he has been placed on leave – and of hopes to receive an end-of year bonus.
James reacted to Tuesday's verdict with a statement."We can have no tolerance for individuals or organizations that violate our laws to line their pockets," she said.
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