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The Independent UK
The Independent UK
National
Alex Woodward

Donald Trump’s company fined $1.6m for years-long tax fraud scheme

Donald Trump Trump Organization Alvin Bragg New York
AP

Donald Trump’s eponymous company has been fined $1.6m after a New York City jury convicted two Trump Organization subsidiaries on charges stemming from what prosecutors described as a years-long scheme to avoid paying payroll taxes by compensating top executives with lavish untaxed perks.

The December verdict on 17 felony crimes followed an indictment filed last year against the Trump Corporation, the Trump Payroll Corporation, and the Trump Organization’s long-time chief financial officer, Allen Weisselberg, who was sentenced to five months in jail this week.

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