Trump Organization Got Million Dollar Hit In Fines

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.”

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Edited by Jesus Chan

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