Trump’s Companies Fined $1.6 Million for Tax Fraud

[Epoch-Times-Bot]

Trump's Companies Fined $1.6 Million for Tax Fraud

Frmer President Donald Trump’s two companies—the Trump Corporation and the Trump Payroll Corp.—have received the maximum possible sentence of $1.61 million on multiple tax fraud-related felony convictions.
While Trump himself wasn’t charged in the case, his two companies were earlier convicted of over a dozen felonies, including a scheme to defraud, conspiracy, two counts of tax fraud, and falsifying business records.
The two companies are part of the Trump Organization, which is a group of around 500 businesses of which Trump is the principal or sole owner.
"Today, former President Trump's companies were sentenced to the maximum fines allowed by law following historic convictions for a total of 17 felony crimes," Manhattan District Attorney Alvin Bragg a Democrat, said in a statement Friday....

Source: Trump's Companies Fined $1.6 Million for Tax Fraud

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