Open Modal
77 WABC
frankmorano

On Air Now

The Other Side of Midnight with Frank Morano

Overnight 1-5AM
logo-1071-talkradio-png-2
frankmorano

On Air Now

The Other Side of Midnight with Frank Morano

Overnight 1-5AM
frankmorano

On Air Now

The Other Side of Midnight with Frank Morano
Overnight 1-5AM
logo-1071-talkradio-png-2
frankmorano

On Air Now

The Other Side of Midnight with Frank Morano
Overnight 1-5AM

Trump Organization fined $1.6 million for tax fraud

nfl-new-york-views

Mandatory Credit: Kirby Lee-USA TODAY Sports

NEW YORK (AP) — Donald Trump’s company has been fined $1.6 million as punishment for a scheme in which some of his executives dodged personal income taxes on lavish job perks. The fine imposed Friday was the only penalty a judge could impose on the Trump Organization. The company was convicted of 17 tax crimes, including conspiracy and falsifying business records. The amount imposed by Judge Juan Manuel Merchan was equal to double the amount of taxes a small group of executives avoided on benefits including rent-free apartments, luxury cars and private school tuition. Trump himself was not on trial. He denied any knowledge of executives evading taxes illegally.

—Copyright 2023 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Related Posts

WABC Top Stories

Loading...
sports_video_header3