HomeWorldThe Trump companies were...

The Trump companies were found guilty on all counts

This could result in a $1.6 million fine and could prevent you from doing business or getting loans or contracts.

Two companies in former US President Donald Trump’s business empire have been found guilty on all charges of criminal tax fraud and falsification of business records. The corresponding decision was made by the Manhattan Jury on Tuesday, December 6, CNN reports.

“Trump Corp. and Trump Payroll Corp. have been found guilty of all charges against them,” the statement said.

Trump and his family were not charged in the case, but during the trial, prosecutors repeatedly cited the former president for his involvement in benefits provided to some executives, including company-financed apartments. , car rental, and personal expenses.

Trump’s business empire could face a maximum of $1.61 million in fines after the verdict in mid-January.

“It is not in danger of being liquidated because, under New York law, there is no mechanism for liquidating a company,” CNN said.

It emphasizes that a criminal conviction can affect the ability to conduct business or obtain loans or contracts.

Earlier, The New York Times, citing tax returns, reported that Trump had not paid federal income tax in ten years.

And in late November, the US Congress, after years of litigation, received Trump’s tax returns.

news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

5 Pixar movies that everyone needs to watch

In addition to Toy Story, who was the studio's first long -term movie; Check out 5 more Pixar animations that everyone needs to watch!How many Pixar movies have you watched? The studio, which emerged independently on February 3, 1986 launching only short films, took an important step...

Government 50 is the same. Uah delay the return from random

The Cabinet of Ministers of Ukraine presented one to the help of some categories of children. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Minors who return from the occupied...

The army of the Russian Federation was a low place in the directions of Novopavlovsky – Deepstate

The army of the Russian Federation has achieved some success in Donetsk. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } In the direction of Novopavlovsky, the enemy discovered a weak...