The stiffest penalty Donald Trump’s company could receive when it is sentenced Friday by a New York judge for helping its executives dodge taxes is a $1.6 million fine — not even enough to buy a Trump Tower apartment
Neither the former president nor his children, who helped run and promote the Trump Organization, are expected to be in the courtroom for the sentencing hearing. The company will be represented by its lawyers.
Besides the company, only one executive was charged in the case: former Trump Organization Chief Financial Officer Allen Weisselberg, whoto five months in jail. Over his years as the company's chief moneyman, Weisselberg had received a rent-free apartment in a Trump-branded building in Manhattan with a view of the Hudson River. He and his wife drove Mercedes-Benz cars, leased by company. When his grandchildren went to an exclusive private school, Trump paid their tuition.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Organization to be sentenced for tax fraud, faces fineThe stiffest penalty Donald Trump’s company could receive when it is sentenced Friday by a New York judge for helping its executives dodge taxes is a $1.6 million fine — not even enough to buy a Trump Tower apartment.
Read more »
Opinion: Jan. 6 should be 'Donald Trump Day'Also: I have a warning for all those Republicans who keep reelecting extremists like Matt...
Read more »
Donald Trump's grip on GOP slipping as Republicans demand changeA poll has revealed only 6 percent of Republican voters want Trump's pick for RNC chair, Ronna McDaniel, to remain in the role.
Read more »
Kari Lake calls on Donald Trump's help to overturn election resultThe Republican candidate for Arizona governor has failed in all of her attempts to have November's results reversed so far.
Read more »
Joe Biden's gift to Donald Trump won't help him regain influenceExperts believe Trump is likely to instrumentalize the discovery of classified documents in Biden's former office at the Penn Biden Center.
Read more »