Trump Organization found guilty in tax fraud case
Photo taken on Jan. 8, 2018 shows the Trump Tower in New York, the United States. (Xinhua/Wang Ying)
The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud, and falsifying business records.
WASHINGTON, Dec. 6 (Xinhua) -- A jury in New York City found on Tuesday former President Donald Trump's namesake real estate company guilty of criminal tax fraud.
The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud, and falsifying business records.
Trump was not a defendant in the case that related to a scheme by his company to avoid taxes on compensation in the form of perks to its executives.
The Trump Organization faces fines of up to 1.6 million U.S. dollars at sentencing.
Trump, who launched a third bid for the White House last month, has criticized the case as politically motivated.
Photos
Related Stories
- U.S. Supreme Court allows congressional panel to obtain Trump's tax returns
- U.S. attorney general names special counsel in investigations relating to Trump
- Twitter reinstates Trump's account
- Trump announces 2024 presidential bid
- Trump sues New York attorney general
- Criminal trial against Trump Organization on tax fraud starts in New York
Copyright © 2022 People's Daily Online. All Rights Reserved.