Trump's DC speech has been a disaster for Republicans
The Trump Organization has been found guilty of engaging in a criminal tax fraud scheme in New York.
The conviction on all 17 counts, after more than a day of jury deliberations in State Supreme Court in Manhattan, resulted from a long-running scheme in which the Trump Organization doled out off-the-books luxury perks to some executives: They received fancy apartments, leased Mercedes-Benzes, even private school tuition for relatives, none of which they paid taxes on.
…
The conviction on charges of tax fraud, a scheme to defraud, conspiracy, and falsifying business records is hardly a death sentence for the Trump Organization. The maximum penalty it faces is $1.62 million, a rounding error for Mr. Trump, who typically notched hundreds of millions of dollars in revenue during his presidency.
Get More Stories Like This By Signing Up For Our Newsletter:
Trump and his precious brand name are now and forever linked to crime. Trump and his business will be associated with fraud and cheating. It is a big win for the Manhattan DA. It won’t mean the end of Trump’s business, but it does open the door to a potentially larger criminal probe of the former president and his adult kids.
This is a very bad day for Trump and his organization.
Jason is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association
Top Iowa Republicans from the governor on down aren't returning Donald Trump's phone calls and…
The state seeks to disbar Trump attorney John Eastman, who once clerked for Justice Clarence…
Special Counsel John Durham tried to use Russian intelligence memos that were suspected of containing…
Rep. Adam Schiff (D-CA) announced Thursday morning that he is running for the US Senate…
Rep. Adam Schiff (D-CA) warned Speaker McCarthy that he will not stop Democrats from defending…
Former Transportation Secretary Elaine Chao has responded to Trump's racist attacks against her as the…
This website uses cookies.