Trump Organization convicted in New York criminal tax fraud case
Source: CNBC
Two subsidiaries of the Trump Organization were convicted Tuesday by a jury in New York City of multiple crimes, including tax fraud, falsifying business records and conspiracy. The guilty verdicts on all 17 counts come weeks after the company’s owner, Republican former President Donald Trump, declared his candidacy for the White House in the 2024 election.
Trump was not personally a defendant in the case, which was related to a scheme by his company to avoid taxes on compensation in the form of perks including free apartments and luxury cars to its then-chief financial officer Allen Weisselberg and other executives since 2005. But a prosecutor in closing arguments said that Trump “knew exactly what was going on.” A jury in Manhattan Supreme Court began deliberations in the case on Monday after a trial that featured testimony by Weisselberg.
Defense lawyers had argued that Weisselberg — who earlier pleaded guilty to 15 felony charges — was solely responsible for the scheme, not the Trump Organization. Trump’s company faces fines of up to $1.6 million at sentencing in the case. The guilty verdicts also could harm the firm’s ability to obtain loans for its various real estate holdings and other business ventures,
Trump, three of his adult children, and the Trump Organization also still face a pending civil lawsuit by New York Attorney General Letitia James that alleges widespread fraud involving years of false financial statements related to the company. James is seeking at least $250 million in damages in that case. One of the subsidiaries charged in the criminal case, the Trump Corporation, was convicted of nine counts. The other defendant, the Trump Payroll Corporation, was convicted of the remaining seven counts.
Read more: https://www.cnbc.com/2022/12/06/trump-organization-convicted-in-new-york-criminal-tax-fraud-case.html
Article updated.
Previous articles -
The convictions on all 17 counts come weeks after the company's owner, Republican former President Donald Trump, declared his candidacy for the White House in the 2024 election.
Trump was not personally a defendant in the case, which related to a scheme by his company to avoid taxes on compensation in the form of perks to its then-chief financial officer Allen Weisselberg and other executives since 2005. But a prosecutor in closing arguments said that Trump "knew exactly what was going on."
A jury in Manhattan Supreme Court began deliberations in the case this week after a trial that featured testimony by Weisselberg, who earlier pleaded guilty. The Trump Organization faces fines of up to $1.6 million at sentencing in the case. The guilty verdicts also could harm the company's ability to obtain loans.
This is breaking news. Please check back for updates.
The convictions come weeks after the company's owner, former President Donald Trump, declared his candidacy for the White House in the 2024 election.
Trump was not personally a defendant in the case, which related to a scheme by his company to avoid taxes on compensation to its then-chief financial officer Allen Weisselberg and other executives since 2005.
A jury in Manhattan Supreme Court began deliberations in the case this week after a trial that featured testimony by Weisselberg, who earlier pleaded guilty. The Trump Organization faces fines of up to $1.6 million at sentencing in the case.
This is breaking news. Please check back for updates.
The convictions come weeks after the company's owner, former President Donald Trump, declared his candidacy for the White House in the 2024 election.
A jury in Manhattan Supreme Court began deliberations in the case this week.
This is breaking news. Please check back for updates.
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Dan Mangan
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This is breaking news. Please check back for updates.
Changed source.
Original source -
A Manhattan jury has reached a verdict in the criminal tax fraud trial of President Donald Trump's namesake real estate company.
Two entities of the Trump Organization -- the Trump Corporation and the Trump Payroll Corporation -- are accused of paying the personal expenses of some executives without reporting them as income, and for compensating them as independent contractors instead of full-time employees. Each entity was charged with scheme to defraud, conspiracy, criminal tax fraud and falsifying business records.
Prosecutors believed the Trump Organization was culpable because the conduct of CFO Allen Weisselberg benefitted the company and because his position as CFO meant he was entrusted to act on the company's behalf. Weisselberg, who testified as part of a plea deal, pleaded guilty in August to charges that he skirted taxes on nearly $2 million in company-provided perks that included the rent on his Manhattan apartment, the leases on cars for himself and his wife and tuition for his grandchildren.
Weisselberg testified at trial that he reduced his reported salary by the total amount of the personal expenses that the company covered, and that the company benefitted by paying less in payroll taxes. He also testified that his primary motive was greed.
https://abcnews.go.com/US/verdict-reached-trump-organizations-criminal-tax-fraud-trial/story?id94508551
= new reply since forum marked as read
(am using a portable keyboard too... )
he had nothing to do with it. R-i-i-i-i-ght. 
A Manhattan jury has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a 15-year scheme to defraud tax authorities by failing to report and pay taxes on compensation for top executives.
The Trump Corp. and Trump Payroll Corp. were found guilty on all charges they faced.
https://www.democraticunderground.com/100217438290
And this is just the start. 
https://www.democraticunderground.com/1017788216
And he faces criminal charges from the N.Y. DA's office, Georgia, the IRS, the Dept. of Justice, and whatever the J-6 committee passes
on to the DoJ.
but as usual nobody is going to jail. Because corporations are NOT people. Seriously, what's the penalty? A big fine? Trump plays the bankruptcy courts like a symphony. 
