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Trump Org Hit With "Maximum Possible Fine" For Tax Evasion, Crony Headed To Prison

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The Trump organization has been slapped with a $1.6 million penalty for tax evasion. Francesca Fiorentini, John Iadarola and Maz Jobrani discuss on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://www.cnn.com/2023/01/13/politics/trump-org-sentencing/index.html

"The Trump Organization was fined $1.6 million – the maximum possible penalty – by a New York judge Friday for running a decade-long tax fraud scheme, a symbolic moment because it is the only judgment for a criminal conviction that has come close to former President Donald Trump.

Two Trump entities, The Trump Corp. and Trump Payroll Corp., were convicted last month of 17 felonies, including tax fraud and falsifying business records.

Under New York law, the most the companies can be fined is about $1.6 million, a penalty the Trump Organization can easily afford."*

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230113__TA01_Trump_Org_Slapped
Category
Europe
Tags
230113__TA01_Trump_Org_Slapped, News, Politics
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