Two companies with the Trump Organization were found guilty Tuesday on multiple charges of criminal tax fraud in a case brought by the Manhattan District Attorney.
The jury deliberated for two days and found two corporate entities guilty on all charges including conspiracy and falsifying records.
The organization faces a possible fine of up to $1.6 million.
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The deliberations followed a monthlong trial that featured testimony from seven witnesses, including longtime Trump Organization finance chief Allen Weisselberg and Senior Vice President and Controller Jeffrey McConney. An outside accountant who spent years preparing tax returns for Trump and the company also testified.
About 40 minutes into deliberations, jurors sent a note asking the judge to reread the elements of one of the charges, conspiracy to defraud in the fourth degree. Judge Juan Manuel Merchan obliged.
Weisselberg, who pleaded guilty to dodging taxes on $1.7 million in extras, testified that he and McConney conspired to hide extras from his income by deducting their cost from his pre-tax salary and issuing falsified W-2 forms.
Prosecutors charged the Trump Organization in the form of two subsidiaries, Trump Corporation and Trump Payroll Corporation. Trump Corporation is charged with nine counts. Trump Payroll Corporation is charged with eight.
