Donald Trump ‘s organization has been fined a hefty $1.6 million, the maximum fine in this case, for evading taxes for the past 15 years, while giving huge benefits to executives.
Perks like cars, free apartments and private school tuition…
The fine is monstrous, but prosecutors have specified that this penalty is only worth a fraction of the revenues of Donald Trump‘s organization.
The verdict against The Trump Organization had branded the company a felon and exposed a culture that nurtured illegality for years. Prosecutors also continue to press a criminal investigation against Donald Trump himself. https://t.co/GeVF1VJWFb pic.twitter.com/DdtMfDWzGO
— The New York Times (@nytimes) January 13, 2023
Recall that this move came just days after Allen Weisselberg, the company’s CFO, was jailed for five months at Rikers Island. He was the mastermind behind the whole scenario.
Of course, Donald Trump has denied this illegal tax evasion by his executives, who have not been tried for these charges.