Trump Organization Convicted Of Tax Fraud

Donald Trump’s namesake company was convicted of tax crimes committed by two of its longtime executives after a Manhattan trial that gave jurors a peek at some of the inner workings of the Trump Organization’s finances, the Washington Post reports. New York Times: “The conviction on all 17 counts, after more than a day of jury deliberations in State Supreme Court in Manhattan, resulted from a long-running scheme in which the Trump Organization doled out off-the-books luxury perks to some executives: They received fancy apartments, leased Mercedes-Benzes, even private school tuition for relatives, none of which they paid taxes on.” Wall Street Journal: “The jury found two Trump Organization corporate entities guilty of all criminal counts they faced, including conspiracy, criminal tax fraud and falsifying business records.

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