The Trump Organization’s travails continue as the business was hit with $1.6 million in penalties in Manhattan state court at the end of the work week after being convicted on all charges in a 13-year criminal tax scheme.
Although former President Donald Trump was not personally charged in the scheme, the fines cast a smear on his name and compounded his legal entanglements.
“I want to be very clear; we don’t think [the $1.6 million] is enough,” Manhattan District Attorney Alvin Bragg, whose office brought the case and continues to investigate the former president, told reporters after the sentencing.
“Our laws in this state need to change in order to capture this type of decade-plus systemic and egregious fraud,” he added. “Nonetheless, this historic sentencing serves, or should serve, as a reminder to all in New York, both companies in their corporate form and their executives, that this type of conduct in New York will not be tolerated and will be held accountable.”
Support The Readers Bureau Buy A T-Shirt Today (4 different colors)! click https://www.bonfire.com/one-love-72/?fbclid=IwAR2bod-XSyrCPutOwG_SMnKiInk6Bqe2kCtjBsAFISqHluQcujrF2UUkFew
Readers Bureau, Contributor
Edited by Jesus Chan
Do you want to add feedback to this story?
Please add a comment in the box below or send an email to firstname.lastname@example.org. Call us at 646-874-7976 SUBSCRIBE CLICK https://www.youtube.com/c/yvadbillingsreadersbureau