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Judge sentences Trump Organization to pay $1.6 million penalty for tax fraud

Economy Jan 13, 2023 10:12AM ET
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© Reuters. Manhattan District Attorney Alvin Bragg arrives for the sentencing hearing of the Trump Organization at the Manhattan Criminal Courthouse in New York City, U.S. January 13, 2023. REUTERS/Andrew Kelly

NEW YORK (Reuters) - A New York judge on Friday sentenced Donald Trump's namesake real estate company to pay a $1.6 million criminal penalty, after it was convicted of scheming to defraud tax authorities for 15 years.

Justice Juan Merchan of the Manhattan criminal court imposed the sentence, after jurors found two Trump Organization affiliates guilty of 17 criminal charges last month.

The penalty was the maximum the judge could have imposed.

Judge sentences Trump Organization to pay $1.6 million penalty for tax fraud
 

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Comments (1)
Tru Gfu
Tru Gfu Jan 13, 2023 10:25AM ET
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that is it? blatant and deliberate tax fraud for a decade and a half and the cfo gets 5 months and the ceo who signed the retuns and made evey deceision gets nothing? unbelievable.
 
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