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Trump Organization Convicted In Executive Tax Dodge Scheme

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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.

Trump himself was not on trial.

—Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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