Trump Organisation Found Guilty of Tax Fraud

Trump Organisation Found Guilty of Tax Fraud

Two businesses belonging to former president Donald Trump's real estate and licensing company have been found guilty of running a 13-year tax fraud scheme.

The company was accused of illegally reducing the tax it paid on executive paid by awarding executives ‘off-the-books’ benefits such as boats and luxury cars in what prosecutors described as a multi-decade scheme. A New York jury found the Trump Organissation guilty of all 17 charges on 6 December.

“The foremr president’s companies now stand convicted of crimes,” Manhattan district attorney Alvin Bragg said in a statement to the media after the verdict was delivered. “That is consequential. It underscores that in Manhattan we have a standard of justice for all.”

The conviction marks a victory for Manhattan prosecutors in the only extant criminal case against the Trump Organisation and marks the latest in a string of recent defeats for the former president, with the Supreme Court having recently ordered that his tax returns be handed over to a congressional committee.

New York attorney general Letitia James, whose office assisted the district attorney’s case, also lauded the result. “This verdict sends a clear message that no one, and no organisation, is above our laws,” she said.

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