Trump Companies in Tax Evasion Fraud: Allegation Confirmed

by time news

New York: Former US President Trump’s ‘The Trump Organization’ and ‘Trump Pay Roll Corp’, two financial companies, have been accused of tax evasion for 13 years by providing false information. These companies were identified as criminals in all 17 charges under this section. In this trial, which has been going on for 3 years in the New York court, the charge was confirmed after the arguments of the lawyers for 10 hours over 2 consecutive days. In it, “It has been proved that these companies have been engaged in tax evasion by providing fake data for 13 years. The judge announced that the verdict in this case will be delivered on January 13. Then, it seems that both the companies are being fined up to Rs.13.20 crore each. This is seen as a major setback for Trump, who is seeking re-election for the presidency.

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