Trump Org. fined $1.6 million for criminal tax fraud

Source: Politico | January 13, 2023 | Janaki Chadha

Former President Donald Trump was not personally charged in the scheme and defense attorneys said he was not aware of it.

The Trump Organization was hit with $1.6 million in penalties in Manhattan state court Friday after being convicted last month on all charges in a 13-year criminal tax scheme.


A 12-person jury found the Trump Corporation and Trump Payroll Corp., units of the Trump Organization, guilty on 17 counts in December including criminal tax fraud, conspiracy and falsifying business records. The fines totaled the maximum penalty for each of the counts.

Prosecutors said the Trump Organization criminally evaded taxes by concealing compensation to top executives in the form of perks like luxury cars and free lodging, while suppressing its payroll costs with lower reported salaries.

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