Jury finds Trump Organization guilty of tax fraud on all counts

I said in the other thread they would find something in NY.

Go watch the video in the link. The reporter is giddy like Wolf Blitzer bouncing in his chair.

LIVE colonoscopy is next as the Biden's & FBI, DOJ, dindunuffins.

He said Trump himself was not charged but the jury sure heard a lot about Trump's business woes when he filed bankruptcy.

quote:

---

LINK

A Manhattan jury has found former President Donald Trump's namesake real estate company guilty of criminal tax fraud, three weeks after Trump announced a third presidential run.

The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud and falsifying business records.

The two entities -- the Trump Corporation and the Trump Payroll Corporation -- were accused of paying the personal expenses of some executives without reporting them as income, and for compensating them as independent contractors instead of full-time employees. Each entity was charged with scheme to defraud, conspiracy, criminal tax fraud and falsifying business records.

The felony convictions carry fines totaling up to $1.7 million. But collateral consequences of a conviction may be more significant to Trump, who is seeking a second term in the White House. Banks could call in loans and business partners could cancel contracts if their internal policies prevent them from doing business with felons.

The trial also revealed potentially embarrassing details about Trump, including that he reported nearly $1 billion in operating losses over a two-year period in 2009 and 2010, as well as losses each year for the decade between 2009 and 2018 -- some of the same years Trump was touting his business acumen on reality television and as he was campaigning for president.

Recent Stories from ABC News
Prosecutors believed the Trump Organization was culpable because the conduct of CFO Allen Weisselberg benefitted the company and because his position as CFO meant he was entrusted to act on the company's behalf.

Weisselberg, who testified as part of a plea deal, pleaded guilty in August to charges that he skirted taxes on nearly $2 million in company-provided perks that included the rent on his Manhattan apartment, the leases on cars for himself and his wife and tuition for his grandchildren.

---