The New York Judge hearing the case is Trump Inc., two subsidiaries of the Trump Cluster of Companies. and Trump fined $1.6 million to Salary and Accounting.
According to the New York articles, it is stated that companies can be fined a maximum of $ 1.6 million as a result of tax evasion and irregularity cases.
It is noted that the Trump Cluster of Companies can easily pay this fine, but due to the grievous misdemeanor conviction, the possibilities of obtaining loans and tenders may be affected from now on.
It is not expected that Trump or any of his family members will receive a random sentence for this case.
On the other hand, the 250 million dollar bill filed by New York Attorney General Letitia James against Trump, her three eldest children and senior executives, with the thesis that “the cost of assets such as skyscrapers and golf courses of the Trump Organization has been misrepresented in the financial statements for more than 10 years”. A different investigation is ongoing.
– Trump company tax evasion case
In 2018, the Manhattan District Attorney’s Office launched an investigation into issues such as business practices at Trump’s companies, unregistered bonuses, possible fraud in real estate prices, and irregularities in tax payments.
The Office of the Chief Public Prosecutor formed a committee to decide whether or not to file a criminal case based on the evidence collected within the scope of the investigation, which lasted more than 2 years, and the committee decided to open the case.
At the end of the trial, which started on October 31, 2022, in the New York Federal Court, the Trump Cluster of Companies was found to be faulty on all 17 charges related to tax evasion on December 7, 2022 by the delegation.
The company’s chief financial officer, Allen Weisselberg, who was among the accused, refused to cooperate with the pre-trial prosecutors against Trump, but in August 2022, he was sentenced to 5 months in prison and collected approximately $1.7 million in tax debt in exchange for his correct word during the trial. He had reached an agreement with the prosecutors on the matter.
Weisselberg, 75, was taken to Riker Island Prison in New York the day before, where he was sentenced to 5 months in prison and fined $1.7 million as a module of the settlement.
It was stated that Weisselberg could be imprisoned for up to 15 years if the defense did not make an agreement with the prosecutors.