NEW YORK — Two Trump Organization entities were slapped with $1.6 million in fines Friday — the price of committing years of tax fraud.
The Trump Corp. and Trump Payroll Corp. were ordered to pay the hefty sum in Manhattan Supreme Court. The companies were found guilty of 17 felonies, including tax fraud, scheming to defraud and other related charges on Dec. 6.
“It is worth remembering this scheme was far-reaching and brazen. It was deep, wide, and long. Deep in terms of the robust array of fraudulent practices. Wide in terms of the number of beneficiaries. And long in terms of the duration. Many of these corrupt practices stretched on for decades,” Assistant District Attorney Joshua Steinglass said at the sentencing.
