Trump Organization Convicted in Executive Tax Dodge Scheme

(Photo by Drew Angerer/Getty Images)

NEW YORK (AP) – Donald Trump’s company has been convicted of tax fraud for a scheme by top executives to avoid paying personal income taxes on perks such as apartments and luxury cars.

As punishment, the Trump Organization could be fined up to $1.6 million.

The guilty verdict Tuesday day came on the second day of deliberations in the only criminal trial to arise from the Manhattan district attorney’s three-year investigation of the former president and his businesses.

Longtime Trump Organization finance chief Allen Weisselberg previously pleaded guilty to hatching the 15-year scheme.

He testified at the trial in exchange for a promised five-month jail sentence.

(Copyright 2022, The Associated Press. All Rights Reserved.)

There is no custom code to display.