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Tribune News Service
Tribune News Service
National
Molly Crane-Newman

Trump Organization hit with $1.6 million in fines for tax fraud conviction

Trump Organization Donald Trump Allen Weisselberg Joshua Steinglass Juan Merchan Letitia James New York Trump Corporation

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 Corporation and Trump Payroll Corporation were sentenced to pay the hefty sum in Manhattan Supreme Court. The companies were found guilty of tax fraud, scheming to defraud, and other related charges on Dec. 6.

“We all know that even the maximum fines constitute a tiny portion of the overall revenue of the Trump Organization,” Assistant District Attorney Joshua Steinglass said.

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