Trump Organization

2022 - 12 - 6

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Image courtesy of "CNN"

Trump Organization found guilty on all counts of criminal tax fraud (CNN)

A Manhattan jury has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a ...

But, he also said, he knew at the time the company would benefit to some degree from his schemes. He also testified that he paid himself and other executives’ bonuses as though they were independent consultants – enabling the Trump companies to evade paying taxes on them. “A novel and really interesting issue developed during the trial. McConney, who received immunity for testifying before the grand jury, admitted to some of the illegal conduct in his testimony. As part of his plea deal, he will be sentenced to five months in jail if the judge finds that he testified truthfully. “The Trump Corporation and the Trump Payroll Corporation got away with a scheme that awarded high-level executives with lavish perks and compensation while intentionally concealing the benefits from the taxing authorities to avoid paying taxes. Trump personally signed his employees’ bonus checks at Christmas time and he initialed a memo reducing the salary of another top executives, which prosecutors said suggested he knew all along about the fraudulent scheme. This case was unprecedented and legally incorrect,” Necheles said in a statement. “It’s also a victory of sorts for the Manhattan district attorney,” Honig said. – a major setback for the Trump Org. “Obviously, this is a setback for the Trump Org. He is also facing a $250 million civil lawsuit from the New York attorney general alleging he and his adult children were involved in a decade long fraud.

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Image courtesy of "NPR"

Former President Donald Trump's company is found guilty of ... (NPR)

Trump and his company have repeatedly faced criminal investigations but this case marks the first time his company has been charged, tried, and convicted on ...

"I was proud to assist in this important case. James reacted to Tuesday's verdict with a statement. Trump and his attorneys have pushed back, arguing that prosecutors in New York have overstepped their authority and engaged in a a political witch hunt against the former President. Weisselberg admitted he did not declare these benefits as income, as required by law. On Halloween, prosecutors made their opening arguments in the trial of the Trump Corporation (which encompasses most of his business empire) and the Trump Payroll Corporation (which processes payments to staff), arguing that the case was about "greed and cheating." In a statement, the Trump Organization criticized the verdict and promised to appeal, arguing that blame should fall on the company's executives and not on the firm itself.

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Image courtesy of "Metro Philadelphia"

Trump Organization convicted in executive tax dodge scheme ... (Metro Philadelphia)

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 ...

During his closing argument, prosecutor Joshua Steinglass attempted to refute the claim that Trump knew nothing about the scheme. After taking office, though, Bragg let that grand jury disband so he could give the case a fresh look. They contended the executive had gone rogue and betrayed the company’s trust. Trump Organization lawyers repeated the mantra “Weisselberg did it for Weisselberg” throughout the monthlong trial. Though he testified as a prosecution witness, Weisselberg also attempted to take responsibility on the witness stand, saying nobody in the Trump family knew what he was doing. To convict the Trump Organization, prosecutors had to convince jurors that Weisselberg or his subordinate, Senior Vice President and Controller Jeffrey McConney, were “high managerial” agents acting on the company’s behalf and that the company also benefited from his scheme.

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Image courtesy of "BBC News"

Trump Organization found guilty of tax crimes after New York trial (BBC News)

The business is synonymous with the former president, but neither he or his family were on trial.

"This case is unprecedented and... Two subsidiaries of the Trump Organization - Trump Corp and Trump Payroll Corp - were convicted on all 17 charges of tax fraud and falsifying business records. is a continuation of the Greatest Political Witch Hunt in the History of our Country," he said, adding that New York City was now a "hard place to be a Trump". Prosecutors accused the Trump Organization - which operates hotels, golf courses and other properties around the world - of having a "culture of fraud and deception" during the six-week trial. Vowing to appeal the verdict, Mr Trump said he was "disappointed" and again described the case as a "witch hunt". "There was RELIANCE by us on a then highly respected and expensive accounting firm, and law firm, to do this work," Mr Trump said in the statement issued by his office.

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Image courtesy of "The New York Times"

Alternate Juror in Trump Organization Trial Says She Would Have ... (The New York Times)

She did not deliberate and had no impact on the outcome of the case. But her impressions offered insight into the jury box.

Instead, she agreed with the prosecution that the scheme was complicated and couldn’t be distilled into one phrase. In fact, she said she found the defense’s style to have been bullying and, at times, inappropriate. She noted that, like her, they were younger than the other jurors, and might have been more likely to see things similarly. In an interview Monday evening, the woman, who asked to not be named because she was concerned about potential harassment, said that during the weekslong trial the prosecution proved its case. Under New York law, the prosecution had to prove that Mr. The alternate juror concluded that Allen H.

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