Trump Organization fined $1.6 million for tax fraud

By Michael R. Sisak Associated Press

Posted January 13, 2023 11:34 AM

Updated January 13, 2023 3:33 PM

NEW YORK — Donald Trump’s company was fined $1.6 million Friday for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets.A fine was the only penalty a judge could impose on the Trump Organization after its conviction last month for 17 tax crimes, including conspiracy and falsifying business records.The amount imposed by Judge Juan Manuel Merchan was …

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