Trump Organization Fined $1.6 Million for Tax Fraud and Conspiracy ...Middle East

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The Trump Organization was fined $1.6 million Friday morning for tax fraud, conspiracy, and other crimes as part of a 15-year scheme that compensated top executives off the books.Two subsidiaries of the Organization, Trump Payroll Corp. and Trump Corp., were hit with the highest possible fines under New York State law at the Manhattan criminal hearing. The two companies were found guilty last month—just weeks after Donald Trump announced his third consecutive run for president—on 17 criminal counts, including scheming to defraud, conspiracy, tax fraud, and falsifying business records. The sentence will not dissolve the company, nor send anyone to jail. But Trump Organization CFO Allen Weisse

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