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Trump Organization fined $1.6m for ‘brazen’ tax fraud

Donald Trump Trump Organization Allen Weisselberg Joshua Steinglass Alvin Bragg Juan Merchan Letitia James

The $1.6m fine is a pittance for the Trump Organization and less than the cost of an apartment at Trump Tower [File: Shannon Stapleton/Reuters]

A New York judge has ordered former US President Donald Trump’s namesake real estate company to pay a $1.6m criminal penalty after it was convicted of scheming to defraud tax authorities for 15 years.

Justice Juan Merchan of the Manhattan criminal court imposed the sentence on Friday after jurors last month found two Trump Organization affiliates guilty of 17 criminal charges, including conspiracy and falsifying business records.

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