Two Trump Organization entities will be sentenced by a New York judge on 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
The 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. The real estate business is not at risk of being dismantled because there is no mechanism under the law to dissolve the company. No individual will go to jail based on the jury’s verdict.
Merchan said he found most “offensive” a $6,000 payroll check Weisselberg had made out to his wife, who never worked for Trump, so she could become eligible for Social Security benefits. Not over yet The sentencing comes as the Manhattan district attorney’s office continues to investigate the company’s business practices.
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