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HomeU.S.Trump Organization sentenced to maximum fine following tax fraud conviction

Balanced News: Trump Organization sentenced to maximum fine following tax fraud conviction

Our 'quick read' news summary

Former President Donald Trump’s namesake family real estate firm was sentenced to the maximum allowable fine Friday in New York following its conviction on 17 counts, include a 13-year scheme to defraud. “The sheer magnitude of this fraud merits the largest financial sanction authorized by law,” Steinglass said. Judge Juan Merchan imposed the maximum sentence and scolded the defense for continuing to blame the company’s accountant for the fraud.

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