Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former U.S. president’s business. A jury found two corporate entities at the Trump Organization guilty on all 17 counts, including conspiracy charges and falsifying business records. The guilty…
Tag: Organization
Trump Organization lawyers blame ex-CFO for criminal tax fraud scheme
Weisselberg previously cut a plea deal admitting he dodged taxes on $1.76 million in compensation. He testified, sometimes emotionally, in exchange for the reduction of his possible 15-year prison sentence to five months on Rikers Island. The defense’s closing arguments also seized on that arrangement. “The prosecutors had him by the balls,” Trump Org. attorney…