The Trump Organization, the family business of the former US president, has been found guilty of tax evasion in New York
Two companies of Donald Trump, the 2024 White House nominee, have been found guilty of tax evasion and falsifying accounting statements. The verdict is expected on January 13.
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Manhattan attorney Alvin Bragg announced that Donald Trump’s family business, The Trump Organization, was found guilty Tuesday, December 6, of financial and tax fraud after a trial in New York in which the former Republican president did not stand trial.
The jury that retired on Monday to deliberate after more than a month of hearings, “Trump Corporation and Trump Payroll Corporation Found Guilty on All Charges,” Let it be known on his Twitter account Alvin Bragg. Both companies were prosecuted for tax evasion and falsification of accounting statements, particularly with the aim of concealing financial compensation from some of the top tax services executives.
“It’s a matter of greed and fraud. In Manhattan, no corporation is above the law,” The attorney general welcomed it in a press release, explaining that this is the first time that a company affiliated with Donald Trump has been judged as a criminal. The billionaire is now officially in the race to be the 2024 Republican presidential nominee.
“Witch Hunt” by Donald Trump
For 13 years, Trump Corporation and Trump Payroll Corporation have evaded the law by giving high-ranking executives generous benefits and compensation, while deliberately hiding those benefits from tax authorities to avoid paying taxes.He added that the verdict should be pronounced on January 13, 2023, to be determined by the public prosecutor.
In that case, the family group’s former chief financial officer, Allen Weisselberg, reached a plea bargain in August and pleaded guilty to 15 counts of fraud and tax evasion related to $1.76 million in undisclosed income between 2005 and 2021. The Trump family testified during the company’s trial. , a group that principally manages hotels, golf courses and real estate investments.
At the start of the trial, Donald Trump denounced the “witch-hunt” by Democrats against him.
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