29.1 C
Delhi
Saturday, July 27, 2024

Trump Organization found guilty in tax fraud case

Date:

Share post:

Donate-GC-Razorpay

Washington: A jury in New York City found on Tuesday former President Donald Trump’s namesake real estate company guilty of criminal tax fraud.

The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud, and falsifying business records.

Trump was not a defendant in the case that related to a scheme by his company to avoid taxes on compensation in the form of perks to its executives.

The Trump Organization faces fines of up to 1.6 million US dollars at sentencing.

Trump, who launched a third bid for the White House last month, has criticized the case as politically motivated.

Related articles

The Irony of Progress: Why Cutting Trees is Paramount for Infrastructure Development

The Hasdeo forests, located in Chhattisgarh, India, are rich in biodiversity and home to various tribal communities. The...

The Perceived Threat: Why the United States Might Be a Greater Concern for India than China

In the contemporary geopolitical landscape, the perception of threats and alliances shapes national strategies and foreign policies. While...

IDF and ISA rescue bodies of killed hostage, fallen soldiers from Khan Yunis

During an IDF operation led by ISA field analysts and coordinators, held on Wednesday, the bodies of the...

The Wages of Sin is Death: A View on the Conflict in Palestine

The phrase "the wages of sin is death" aptly encapsulates the severe consequences that individuals or groups may...