Trump Organization Tax Fraud Conviction

🟡 Fraud & Financial Crime · Dec 6, 2022

Summary

The Trump Organization was convicted in December 2022 on 17 criminal counts of tax fraud and falsifying business records in a Manhattan Supreme Court trial, related to a 15-year scheme to help top executives evade taxes on $1.7 million in off-the-books compensation including Manhattan apartments, luxury cars, and private school tuition. Longtime CFO Allen Weisselberg pleaded guilty in advance and was the prosecution’s central witness. The company was fined the statutory maximum of $1.6 million. Donald Trump was not personally a defendant but was identified in trial testimony as a participant in arranging the off-the-books compensation.