01/13/2023

Trump Organization Sentenced to Pay $1.6 Million Penalty in Tax Fraud Case

This is the maximum sentence allowed by law

Today, the Trump Organization was sentenced to pay $1.6 million in fines to the state — the maximum allowed by law — following its December conviction on tax crimes carried out by two of its longtime executives.

The Manhattan District Attorney's Office argued for the top possible financial punishment for the former president's private company, describing egregious and deliberate long-term conduct that both benefited Donald Trump's namesake company and the executives involved in the cheating.

"The sheer magnitude of this fraud merits the largest financial sanction authorized by law," said Assistant District Attorney Joshua Steinglass at the company's sentencing.

Please select this link to read the complete article from The Washington Post.