Trump Organization Convicted of Tax Fraud
Summary from the AllSides News Team
A Manhattan jury found the Trump Organization guilty on all 17 charges against it in a criminal tax fraud scheme on Tuesday.
For Context: The 17 counts include conspiracy, scheme to defraud, criminal tax fraud, and falsifying records. The Trump Organization could face up to $1.6 million in fines when sentenced in mid-January. Former chief financial officer Allen Weisselberg and the company were indicted last year, and Weisselberg pleaded guilty this August. Prosecutors alleged that the Trump Organization cheated on its taxes to provide executives with luxury benefits. Former President Donald Trump and his family were not charged with any crimes.
Key Quotes: "For 13 years the Trump Corporation and the Trump Payroll Corporation got away with a scheme that awarded high-level executives with lavish perks and compensation while intentionally concealing the benefits from the taxing authorities," Manhattan's district attorney said Tuesday. "It was my own personal greed that led to this," Weisselberg said during his testimony.
How the Media Covered It: The verdict was a top story from sources across the political spectrum Tuesday afternoon. Sources on all sides described the crimes and highlighted how Trump himself was not charged. CNN noted that Trump was still "mentioned repeatedly during the trial by prosecutors about his connection to the benefits doled out to certain executives."
Featured Coverage of this Story
From the Right
Trump Organization Convicted on All Charges in Criminal Tax-Fraud CaseA criminal court jury in Manhattan found the Trump Organization guilty on all charges in a criminal tax fraud scheme on Tuesday.
The Trump Corporation was convicted on nine criminal counts, while the Trump Payroll Corporation was found guilty of eight criminal counts. Both corporations are a part of the Trump Organization. The 17 counts include scheme to defraud, conspiracy, criminal tax fraud and falsifying business records.
The two corporations face criminal penalties of up to $1.6 million. Jurors deliberated for just over a day before reaching a verdict.
Former president Donald...
From the Center
Trump Organization found guilty of tax crimes after New York trialFormer US President Donald Trump's family real estate company has been found guilty of tax crimes.
The Trump Organization was convicted on all counts on Tuesday after two days of jury deliberations in New York.
The business is synonymous with the former president, but neither Mr Trump or his family members were personally on trial.
The company was convicted of enriching its top executives with off-the books benefits for more than a decade.
The untaxed perks included luxury cars and private school fees, prosecutors said, which made up for lower...
From the Left
Trump Organization found guilty on all counts of criminal tax fraudA Manhattan jury has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a 15-year scheme to defraud tax authorities by failing to report and pay taxes on compensation for top executives.
The Trump Corp. and Trump Payroll Corp. were found guilty on all charges they faced.
Donald Trump and his family were not charged in this case, but the former president was mentioned repeatedly during the trial by prosecutors about his connection to the benefits doled out to certain executives, including company-funded...
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