The Trump Organization pleads guilty to tax evasion in New York

Trump’s family business was on trial for forging statements, in particular to hide financial rewards of some leaders from the tax departments.

Donald Trump’s family business, the Trump organizationhe was found guilty on Tuesday, Dec. 6, of financial and tax fraud after a trial in New York in which the former Republican president did not go to trial, Manhattan Attorney Alvin Bragg announced.

The jury, who retired to deliberate on Monday after more than a month of hearings, “found the Trump Corporation and Trump Payroll Corporation guilty on all countsAlvin Bragg said on his Twitter account. The two companies were prosecuted for tax evasion and false accounting, in particular for the purpose of concealing monetary compensation from some tax managers.

“Affair of Greed”

«It’s a matter of greed and cheating. In Manhattan, no corporation is above the law“, Prosecutor Bragg welcomed in a statement, specifying that it was the first time that a Donald Trump company had been convicted of a crime. The billionaire is now officially in the running to be the 2024 Republican presidential candidate.

«For 13 years, the Trump Corporation and Trump Payroll Corporation have evaded the law by awarding high-level executives lavish compensation and benefits, intentionally hiding these benefits from tax authorities to avoid paying taxes.“, He added. The sentence should be pronounced on January 13, 2023, the prosecutor specifies.

In this case, the family group’s former chief financial officer, Allen Weisselberg, settled with the court in August and pleaded guilty to 15 counts of tax fraud and tax evasion relating to $1.76 million in unaccounted-for income. declared between 2005 and 2021. This relative of the Trump family testified during the trial of the company, a group that notably manages hotels, golf courses and real estate investments. At the opening of the trial, Donald Trump had denounced a “witch huntof the Democrats against him.

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