Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
The other shoe is finally starting to drop, and it’s being worn by the long arm of the law! Wait, that’s not right… Well, neither was what the Trump Organization was doing!
And that’s official! A jury on Tuesday came back with a verdict of guilty on all counts against the company! By refusing to share his tax returns during the 2016 presidential campaign, Donald Trump was sending up a bright red flare to law enforcement that something was rotten in the state of New York.
His voters may have bought the lie that he was perpetually under audit, but the feds know who they’re auditing. Trump was already well known in NYC as a disreputable businessman — but this was like him shouting, “Hey, cops, don’t look at my finances!” So guess where they looked… After an investigation spanning several years, the Trump Org and its Chief Financial Officer Allen Weisselberg were indicted on charges of tax fraud in 2021.
According to the Manhattan district attorney’s office, the company was paying its execs — including the CFO — multiple times over, to the tune of millions of dollars.
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