Two subsidiary companies of the trump organization they were convicted of multiple crimes, including tax fraud, falsifying business records, and conspiracy.
The case of the New York prosecutor’s office related to the company of donald trump in a 2005 evasion plan. He sought to avoid taxes on compensation in the form of benefits such as free apartments and luxury cars for the then CFO Allen Weisselberg and other executives.
These guilty verdicts on 17 counts were handed down on trump corporation, who was convicted of nine counts. The other defendant trump payroll corporationwas sentenced for the remaining seven charges.
They did not accuse Donald Trump as such
The company would have to pay up to $1.6 million, according to CNBC. This could harm the company’s ability to obtain loans for its various real estate holdings.
These 17-count guilty verdicts come just 3 weeks after the former president declared his candidacy for the White House in the 2024 election.
As such, the businessman was not personally a defendant in this case, but according to prosecutors, the former president “knew exactly what was going on.”
Defense attorneys argued that Weisselber was solely responsible for the tax fraud scheme, not the Trump Organization.
Editorial Team The editorial team of EMPRENDEDOR.com, which for more than 27 years has worked to promote entrepreneurship.