[US] Trump Organization found guilty of tax fraud on all counts

In the US this week, two subsidiaries of Donald Trump’s real estate and licensing company, the Trump Organization, were found guilty of tax fraud, Yahoo News reports.

The New York jury found the corporate entities to be guilty of all 17 counts. The guilty counts included conspiracy charges and falsifying business records.

The indictment was reportedly filed against the Trump Corporation, the Trump Payroll Corporation, and the Trump Organization CFO Allen Weisselberg last year.

Through the course of the trial prosecutors laid out the details of a multi-decade scheme to avoid payroll taxes through substantial, untaxed benefits such as cars and housing.

In the US this week, two subsidiaries of Donald Trump’s real estate and licensing company, the Trump Organization, were found guilty of tax fraud, Yahoo News reports.

The New York jury found the corporate entities to be guilty of all 17 counts. The guilty counts included conspiracy charges and falsifying business records.

The indictment was reportedly filed against the Trump Corporation, the Trump Payroll Corporation, and the Trump Organization CFO Allen Weisselberg last year.

Through the course of the trial prosecutors laid out the details of a multi-decade scheme to avoid payroll taxes through substantial, untaxed benefits such as cars and housing.