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Posts tagged as “Trump Payroll Corp.”

Trump Organization Ordered to Pay $1.6 Million for Decade-Long Tax Fraud Scheme

A New York judge has ordered the Trump Organization to pay a maximum penalty of $1.6 million for running a decade-long tax fraud scheme, the first criminal conviction to come close to former President Donald Trump. The judge noted the "sheer magnitude of the fraud" and said the maximum fine was necessary, despite its minimal impact on the multibillion-dollar company. Prosecutors said top executives at the company orchestrated the fraud out of pure greed. It is unclear if the Trump Organization will appeal the decision or accept the fine.