News USA A US jury finds two Trump Organization companies guilty of tax fraud

A US jury finds two Trump Organization companies guilty of tax fraud

Donald Trump. – Jintak Han/ZUMA Press Wire/dpa

A Manhattan jury has found two Trump Organization companies — Trump Corp. and Trump Payroll Corp. — guilty of multiple counts of tax fraud and document falsification in a case related to a 15-year racketeering scheme. to the authorities to avoid paying taxes.

“Trump Corp and Trump Payroll Corp got away with a scheme that gave top executives lavish benefits and compensation while intentionally hiding their profits from tax authorities to avoid paying taxes,” said Manhattan District Attorney Alvin Bragg.

Although Donald Trump and his family were not charged in this specific case, prosecutors have insisted during the trial on how the former president of the United States would have benefited from this corrupt scheme.

The sentence, which is expected in January, could entail a penalty of up to 1.61 million dollars. Although the company does not run the risk of being dismantled since there is no legislation in this regard in the state of New York, it could be affected when it comes to operating and financing, explains CNN.

This verdict comes as former President Trump faces various investigations and legal proceedings, including others related to the tax maneuvers of his business emporium, as well as those related to the illegal handling of classified documents and material once he left the White House and his attempts to overturn the results of the 2020 election.

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