Jury Finds Trump Organization Guilty in Tax Evasion Trial

The Trump Organization, former President Donald Trump’s company, was found guilty Tuesday of committing tax fraud.

A jury ruled that two entities underneath the Trump Organization umbrella schemed to evade taxes by paying a number of its top executives through gifts and perks that were deducted from their paychecks, according to The New York Times. The gifts, which included items like luxury cars and apartment leases, were used to evade a stiffer tax penalty on income.

Prosecutors faced off against the Trump Organization in court proceedings that began in late October. Prosecutors argued that the company, as well as former President Trump, was complicit in a years-long tax evasion scheme involving multiple top executives, according to the Associated Press. The former president was not charged in the case.

The trial was against two Trump Organization entities: the Trump Corporation and the Trump Payroll Corporation. The former was charged with nine counts, the latter with eight. The entities were represented by separate legal teams, and both were convicted on all counts. (Read more from “Jury Finds Trump Organization Guilty in Tax Evasion Trial” HERE)

Photo credit: Gage Skidmore via Flickr

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