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Former US President Donald Trump’s Company Found Guilty of Tax Fraud

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Donald Trump’s company has been found guilty of several crimes, including tax fraud. In a trial that lasted nearly a month, the jury found Trump’s company guilty on 17 counts. The Manhattan court found several charges against The Trump Organization, including tax evasion, to be true.

The court said in its judgment that the company has helped many officials to evade tax on luxury apartments, Mercedes Benz and extra cash for Christmas. The jury also found Trump’s company guilty of business fraud. For which a penalty of Rs 13 thousand crore has been imposed on him.

Also Read : Elon Musk Will Support Donald Trump’s Rival Ron DeSantis In 2024 Presidential Elections

Manhattan’s attorney speaks to the media after pleading guilty to The Trump Organization on all 17 counts. In which he said, this case was about lying, cheating and helping many people and companies to evade tax. At the same time, criticizing this judgement, a statement has also been issued by Trump’s company.

The company said in its defence that the employee did all this work for his personal benefit, in such a situation it is absurd to blame the company itself.

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Gaurav Singh

Gaurav Singh works as video Producer for Coingape, covering Crypto and other Crypto related issues. He has done his Engineering From AKTU. His areas of interest include crypto, finance and policy. Find him on X: @Kumar643Singh

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