BREAKING: A New York jury has found two Trump Organization companies guilty of tax fraud and other crimes.
A jury in New York has found two Trump Organization companies guilty on all charges of tax fraud and other crimes. The verdict on 17 criminal counts was announced in court Tuesday afternoon.
The two Trump Organization companies, called the Trump Corporation and Trump Payroll Corporation, were indicted in July 2021, along with the company's longtime chief financial officer, Allen Weisselberg, and accused of using a variety of methods to reduce payroll liability from executive salaries through untaxed bonuses and luxury perks worth millions. in August and agreed to testify against the company as part of a deal with prosecutors. He is expected to face a five-month jail sentence.
Jurors were told about an internal"clean up" conducted in 2017 at the Trump Organization after Trump became president. The company hired an outside lawyer to examine its tax practices. Her review led the company to cease many of the practices that led to these criminal charges, multiple witnesses testified.by Weisselberg, and they accused Bender of failing to protect the company from Weisselberg.
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