A US court imposed the maximum fine on the Trump Organization for offenses including tax fraud

 New York, USA (CNN) – An American court ruled, Friday, that the “Trump Organization” be fined $ 1.6 million, for committing 17 violations, including tax fraud, over a decade.

Last month, a court convicted two Trump Organization entities, Trump Corp and Trump Payroll Corp, of 17 counts, including tax fraud and falsifying business records.

A US court imposed the maximum fine on the Trump Organization for offenses including tax fraud

Under New York law, the maximum companies can be fined is $1.6 million, a penalty the Trump Organization can easily afford, and must be paid within 14 days.

Attorney General Joshua Stenglass asked New York District Court Judge Juan Merchan that the Trump Organization pay the maximum fine, though he admitted it would have "little impact" on the multibillion-dollar company.

"We all know these companies can't go to jail," Stenglass said Friday. "The only way to effectively deter such behavior is to make it as costly as possible."

Former President Donald Trump and his family were not charged in the case, but his name was repeatedly mentioned during the trial, by prosecutors, about his connection to untaxed benefits granted to some executives, including company-financed apartments and car leases. and personal expenses. One of the plaintiffs said Trump "explicitly authorized" the tax fraud.

Comments

Post a Comment

Popular posts from this blog

Al-Assad's first comment about the Syrian-Turkish meetings "so that they are fruitful"

  Dubai, United Arab Emirates (CNN) – Syrian President Bashar al-Assad stressed, on Thursday, in the first comment on the Syrian-Turkish meetings, the importance of "ending the occupation" and "stopping support for terrorism", in reference to the Turkish military presence in Syria as well as the support Turki for the Syrian opposition. The official Syrian News Agency (SANA) quoted al-Assad as saying, "In order for these meetings to be fruitful, they must be based on prior coordination and planning between Syria and Russia in order to reach the tangible goals and results that Syria wants from these meetings, based on the state's national constants and principles." And the people are based on ending the occupation and stopping support for terrorism.” Al-Assad’s statements came during his meeting with Alexander Lavrentiev, the special envoy of Russian President Vladimir Putin, and his accompanying delegation, where the two sides discussed bilateral relati...
Read more

3 Palestinians were shot dead during Israeli raids in the West Bank

  Dubai, United Arab Emirates (CNN) – The Palestinian Ministry of Health announced, on Thursday, that 3 Palestinians were shot dead during Israeli raids in the West Bank, bringing the number of Palestinian deaths since the beginning of 2023 to 9. Israeli soldiers shot and killed Samir Aslan, 41, in the early hours of Thursday morning during a raid on the Qalandia refugee camp, north of Jerusalem, according to what his wife said in a videotape published by the "Qalandia" Information Center. The wife, whose name the center did not reveal, added: "They came to arrest my son, kidnapped him from the house, and started beating and kicking him with their weapons. His father ran after him trying to save him, but they opened fire with their guns and killed him in one second. They did not let the ambulance come to save his life. They left him for an hour to bleed." in the street". The Palestinian Health Ministry said Aslan was shot in the chest. An Israeli army statement...
Read more

After the statements of Bashar al-Assad and Erdogan.. America clarifies its position on countries normalizing their relations with the Syrian regime

  (CNN) -- US State Department spokesman Ned Price on Thursday described Syrian President Bashar al-Assad as having "committed atrocities against his own people, and his forces have committed war crimes," and said Washington "will continue to discourage our partners around the world from normalizing relations with Syria." or improve the Assad regime. "We will continue to adopt the principles of Security Council Resolution 2254, and we continue to believe that it constitutes the most appropriate basis for ending the civil war in a lasting way that respects and promotes the aspirations of the Syrian people," Price added, during a press conference. He continued, "We, of course, do not know what the Assad regime could have done had it not been for the accountability measures that were imposed on it. We do not know what it would have done had it not been for the actions of the United States and the countries of the world to confiscate and destroy Syria...
Read more