Trump Organization Fined $1.6 Million In Tax Fraud Case — Update
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deadline.comUPDATE: A New York judge handed down a maximum fine of $1.6 million to the Trump Organization after the company was found guilty last month of criminal tax fraud and other charges.
The judge, Juan Manuel Merchan, imposed the sentence on Friday, per the AP. The amount was the most that he could impose on the company.
Former President Donald Trump was not charged in the scheme. A jury last month found that CFO Allen Weisselberg and other executives at the company received compensation in the form of “off the books” personal expenses which went unreported on tax forms.
Weisselberg was sentenced earlier this week to five months in jail, after he earlier pled guilty in the case. PREVIOUSLY, Dec.
Read more on deadline.com
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