Sunday, April 2, 2023
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
Burj News
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu
No Result
View All Result
Burj News
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu
No Result
View All Result
Burj News
No Result
View All Result
Home World America

Former US President Donald Trump’s real estate organization found guilty of tax fraud Scheme

Web Desk by Web Desk
December 8, 2022
in America
0
Former US President Donald Trump's real estate organization found guilty of tax fraud Scheme

Former US President Donald Trump's real estate organization found guilty of tax fraud Scheme

493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Former US President Donald Trump’s real estate company was convicted on Tuesday of carrying out a 15-year-long criminal scheme to defraud tax authorities, adding to the legal woes facing the former U.S. president as he campaigns for the office again in 2024.

The Trump Organization – which operates hotels, golf courses, and other real estates around the world – was found guilty of paying personal expenses for top executives including former chief financial officer Allen Weisselberg, and issuing bonus checks to them as if they were independent contractors.

Related posts

Apple launches its "Buy now, Pay later" Service in USA

Apple launches its “Buy now, Pay later” Service in USA

March 29, 2023
US Centcom Cheif shows Confidence in the Command & Control of the Pak Nuclear Programme 

US Centcom Cheif shows Confidence in the Command & Control of the Pak Nuclear Programme 

March 20, 2023

Also Read: Twitter ‘now in sane hands’ – Former US president Donald Trump

The company faces up to $1.6 million in fines after being convicted on all charges, including scheming to defraud tax authorities, conspiracy, and falsifying business records. Trump was not charged in the case.

Justice Juan Merchan, who presided over the trial in a state court in New York, set a sentencing date for 13 Jan 2022. While the fine is not expected to be material for a company of the Trump Organization’s size, the conviction could complicate its ability to do business.

Former US President Real estate company
Former US President Real estate company

Weisselberg, 75, testified as the government’s star witness as part of a plea deal that calls for a sentence of five months in jail. Manhattan District Attorney Alvin Bragg, whose office prosecuted the case, called the verdict “very just.”

“The former president’s companies now stand convicted of crimes,” Bragg said in the New York courthouse after the verdict, speaking of the Trump Corporation and Trump Payroll Corporation, the two units of the Trump Organization which were convicted.

Asked if he regretted not charging Trump in the case, Bragg did not respond. He has said that the office’s investigation into Trump is continuing.

Trump wrote on his Truth Social platform on November 19 that his family got “no economic gain from the acts done by the executive”.

Republican Trump, who on November 15 announced his third campaign for the presidency, has called the probe a politically motivated “witch hunt”. Both Manhattan District Attorney Alvin Bragg and his predecessor who brought the charges, Cyrus Vance, are Democrats.

Weisselberg, who pleaded guilty in August to concealing $1.76m in income from tax authorities, testified that Trump signed the Christmas bonus cheques and personally paid hundreds of thousands of dollars in private school tuition for Weisselberg’s grandchildren.

He also said Trump’s two sons — who took over the company’s operations in 2017 after Trump became president — gave him a raise after they knew about his tax dodge scheme.

“The whole narrative that Donald Trump was blissfully ignorant is just not real,” Steinglass said.

The Trump Organization also sought to argue that Donald Bender, an outside accountant, should have caught and blown the whistle on Weisselberg’s fraud.

The company called Bender as its main witness, but his testimony appeared to backfire when he said he trusted that the information Weisselberg gave him was accurate and that he was under no obligation to investigate further.

Tags: burj newsDonald TrumpDonald trump propertyReal estateUSAPresident
Previous Post

Government of Japan announces 38.9 Million Dollars Aid for Pakistan flood victims

Next Post

American Television Series ‘Wednesday’ Star Jeena Ortega gains 10M Instagram followers just in 10 Days

Next Post
American Television Series 'Wednesday' Star Jeena Ortega gains 10M Instagram followers just in 10 Days

American Television Series 'Wednesday' Star Jeena Ortega gains 10M Instagram followers just in 10 Days

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Wants to see a ‘stronger' MQM says Asif Ali Zardari

Wants to see a ‘stronger’ MQM says Asif Ali Zardari

3 months ago
President Arif Alvi met COAS General Qamar Javed Bajwa to discuss immediate and transparent elections - PTI chairman Imran Khan

President Arif Alvi met COAS General Qamar Javed Bajwa to discuss immediate and transparent elections – PTI chairman Imran Khan

4 months ago
Federal Government introduces "Interest-free" Installment scheme to buy Smartphones

Federal Government introduces “Interest-free” Installment scheme to buy Smartphones

4 months ago
Famous Soft Drink Brand Coca-Cola to launch its Smartphones

Famous Soft Drink Brand Coca-Cola to launch its Smartphones

2 months ago

BROWSE BY CATEGORIES

  • America
  • Asia
  • Blogs
  • Business
  • Cricket
  • Culture
  • Education
  • Entertainment
  • Europe
  • Health
  • Latest
  • Lifestyle
  • National
  • News
  • Opinion
  • Pakistan
  • Politics
  • Science
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

POPULAR NEWS

  • Dani Daniels respond to Twitter after Bazid Khan mistakenly called her during the live cricket match

    Dani Daniels respond to Twitter after Bazid Khan mistakenly called her during the live cricket match

    1619 shares
    Share 648 Tweet 405
  • Punjab Government likely to extend School’s winter vacations for one more week

    796 shares
    Share 318 Tweet 199
  • Actor Feroze Khan files Defamation case against ten leading celebrities of Pakistan

    747 shares
    Share 299 Tweet 187
  • Cristiano Ronaldo’s Children beaten by School Mates in Saudi Arabia

    721 shares
    Share 288 Tweet 180
  • Actress Sajal Aly responds to Social media rumors alleged by Maj (r) Adil Raja

    631 shares
    Share 252 Tweet 158
Logo-2

Burj News is the 21st Century Most Popular Internet News , Which Provide you the Most Authentic and Viral And Reliable News.

Follow us on social media:

Recent News

  • Imran Khan moves Lahore High court against PEMRA over imposing ban on his Speeches
  • Nawaz Sharif was Unjustly ousted, says Ex-COAS Gen Qamar Bajwa
  • FBISE announces Annual Examination Schedule for Matric Students

Category

  • America
  • Asia
  • Blogs
  • Business
  • Cricket
  • Culture
  • Education
  • Entertainment
  • Europe
  • Health
  • Latest
  • Lifestyle
  • National
  • News
  • Opinion
  • Pakistan
  • Politics
  • Science
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Contact

Office 4026
182-184 High Street North
East Ham , London , UK

Phone: +447418 344879

Office No 27 Satellite Town Quetta,
Quetta, Balochistan, Pakistan
Phone: 0812441251

Email: info@burjnews.com

  • About Us
  • Corrections Policy
  • People
  • Ethics Policy
  • Fact-Checking Policy
  • Ownership & Funding Info

© 2022 Burj News - All Right Reserved

No Result
View All Result
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu

© 2022 Burj News - All Right Reserved