Trump Organization to face criminal tax fraud charges in New York

Fresno CA

Description

The Trump Organization is set to face criminal tax fraud charges on Monday in New York in a trial that could start to tease out the many allegations against the company and by extension its patriarch, Donald J Trump. It comes as the former US president faces a maze of legal troubles and mounting costs – by some estimates running at close to $4m a month to his leadership PAC – over his attempts to overturn his 2020 election loss, the removal of government documents from the White House when he left office and a defamation case relating to a rape allegation. Monday’s case is centered on charges that his Manhattan-headquartered real estate company defrauded New York tax authorities by awarding “off the books” compensation over 15 years to company executives, including lease payments for cars, apartment rent and tuition fees for relatives in lieu of some salary, enabling the company to evade paying payroll taxes. If found guilty, the company, which is run by Donald Trump Jr and Eric Trump, could face $1.6m in fines and find its ability to operate hotels, golf courses and other assets impeded. (Once a crook, always a crook.)