Trump family business fined $1.6 million for tax fraud

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A New York judge has fined Donald Trump’s family business the maximum penalty available of $1.6 million for committing tax fraud

A NEW YORK judge has fined Donald Trump’s family business the maximum penalty available of $1.6 million for committing tax fraud.

They were convicted all 17 counts following a trial, marking the first time the companies had ever been convicted of crimes. The Trump Organization, currently run by Trump’s two adult sons, Donald Jr and Eric, hid compensation it paid to top executives between 2005 and 2021. Trump branded the Manhattan District Attorney’s case a “witch hunt” and claimed that Weisselberg acted alone.

In December, the congressional investigation into January 6 concluded that he should be prosecuted for insurrection and conspiracy to defraud the United States.

 

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