Trump Organization ordered to pay $1.6 million fine for criminal tax fraud

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Trump Organization ordered to pay $1.6 million fine for criminal tax fraud
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BREAKING: Two Trump Organization companies were ordered to pay a $1.6 million fine for a tax fraud scheme.

. The fine imposed by Judge Juan Merchan was the maximum penalty allowed in the case — double the amount of the taxes avoided.

Former President Donald Trump was not charged in the case, but Manhattan District Attorney Alvin Bragg has said Trump remains under investigation. "We now move on to the next chapter," Bragg said. He did not respond to questions about whether Trump himself might be charged. to five months in New York City's Rikers Island jail. Weisselberg entered a guilty plea in August and testified against the company as part of a deal with prosecutors.

Defense attorney Susan Necheles reiterated that the companies will be appealing the conviction."The D.A., as usual, or again, does not understand the tax law, and that was part of what was wrong in this case," she said.

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