(MENAFN- Trend News Agency) A jury in New York City found on Tuesday former President Donald
Trump's namesake real estate company guilty of criminal tax fraud,
trend reports
citing xinhua .
The jury found the two entities of the Trump Organization guilty
as charged on all counts, including scheme to defraud, conspiracy,
criminal tax fraud, and falsifying business records.
Trump was not a defendant in the case that related to a scheme
by his company to avoid taxes on compensation in the form of perks
to its executives.
The Trump Organization faces fines of up to 1.6 million U.S.
dollars at sentencing.
Trump, who launched a third bid for the White House last month,
has criticized the case as politically motivated.
MENAFN06122022000187011040ID1105276174
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.