Trump Organization receives million-dollar fine for tax fraud

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The Trump Organization was ordered this Friday (13) to pay a fine of up to 1,6 million dollars for tax and financial fraud. Tycoon Donald Trump's group was tried for tax evasion and falsifying accounting statements. This is the first criminal case for the former president's family corporation, which includes golf clubs, luxury hotels and real estate properties.

The Trump Organization expects an even larger civil trial in 2023 over a different financial fraud case.

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“Today, former President Trump’s companies were fined the maximum penalties allowed by law following historic convictions for a total of 17 serious crimes,” U.S. Attorney Alvin Bragg said in a statement.

Two group companies, Trump Corporation and Trump Payroll Corporation, were accused of having granted financial or in-kind benefits to senior executives, hiding them from tax authorities to avoid paying taxes, between 2005 and 2018.

Among them is a historic former financial director of the company, Allen Weisselberg, very close to Trump, who pleaded guilty to 15 charges and was sentenced on Tuesday (10), for the same case, to five months in prison and pay a fine of more than 2 million dollars.

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(With AFP)

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Trump announces collectible NFTs of himself

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Always showing modesty, Donald Trump made a “big announcement” this Thursday (15), presenting a series of digital cards with his image, priced at US$99 each. In a message on his own network, Truth Social, the former president of the United States announced Donald Trump's collection of NFTs (non-fungible tokens, in Portuguese), a model well known to baseball fans, according to him, but “very more exciting".

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