Trump Organization

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Trump Organization Gets Stiffest Fine Possible in Tax Fraud Case

But $1.6M fine isn't that heavy a blow

(Newser) - Donald Trump’s company was fined $1.6 million Friday as punishment 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...

Judge Regrets Not Giving Trump Exec Longer Sentence

Allen Weisselberg started serving his 5-month sentence Tuesday

(Newser) - Allen Weisselberg, a longtime executive for Donald Trump's business empire, was taken into custody Tuesday to begin serving a five-month jail term for dodging taxes on $1.7 million in job perks—a punishment the judge who sentenced him said was probably too lenient. Weisselberg, 75, was promised that...

Trump Organization Found Guilty of Tax Fraud

It's a 'consequential' verdict, Manhattan DA says

(Newser) - In a big win for prosecutors in Manhattan, Donald Trump's family company has been found guilty of tax fraud. After just over a day of deliberations, a jury found the Trump Organization guilty on all 17 counts connected to a 15-year scheme in which top execs were rewarded with...

Trump Hid a Big Loan While President: Forbes

$19.8M debt with Daewoo, firm with ties to N. Korea, should've been listed in financial disclosures

(Newser) - Donald Trump had a foreign creditor he didn't disclose while running for president, with a debt that was quietly paid off a few months after he took office. Forbes has the documents from his Trump Organization, which were obtained by New York Attorney General Letitia James and/ show the...

Prosecutors Whip Out Surprise Document in Trump Org Trial

Paperwork signed by Trump shows he 'explicitly' sanctioned firm's tax fraud scheme, they argue

(Newser) - On Monday, jurors are set to begin deliberating in the Trump Organization's criminal trial , and they now have a new piece of evidence to mull over the weekend regarding Donald Trump himself. On Friday in New York State Supreme Court in Manhattan, prosecutors in the trial, which revolves around...

Trump Fights to Retain Control of Company With New Suit

He's seeking to block watchdog review of Trump Organization's financial dealings

(Newser) - Former President Donald Trump filed a lawsuit Wednesday accusing New York Attorney General Letitia James of breaking the law while waging a "war of intimidation and harassment" against him. James, who's up for reelection, sued Trump, his children, and the Trump Organization for $250 million in September , alleging...

Big Trial Begins for Trump's Business Empire
A Look at
the Stakes
as Trump
Trial Begins
the rundown

A Look at the Stakes as Trump Trial Begins

Trump Organization (but not the ex-president) faces criminal charges of tax avoidance

(Newser) - One of the legal issues Donald Trump has been embroiled in comes to a head on Monday in New York State Supreme Court in Manhattan. Jury selection begins in a trial to determine whether the former president's family business empire ran afoul of tax laws. The notable part here:...

Records Show 'Exorbitant' Charges for Secret Service at Trump Hotels

Eric Trump claims rooms were 'either provided at cost, heavily discounted, or for free'

(Newser) - Secret Service agents protecting Donald Trump and members of his family were regularly charged "exorbitant" rates to stay at Trump hotels, according to a House Oversight Committee investigation that directly contradicts claims made by Eric Trump. The former president's son, who is executive vice president of the Trump...

Trump Forms New Company, Bringing Action From New York

James raises possibility Trump Organization II was started to avoid punishment from fraud suit

(Newser) - Donald Trump's business operation was hit with a new accusation Thursday when New York's attorney general told a court that the former president might be trying to dodge any punishment resulting from her fraud lawsuit—partly by starting a new company. Letitia James' office wrote in the filing...

Voters, Not Lawsuits, Will Determine Trump's Future
Trump Lawsuit Likely to
Follow Familiar Pattern

Trump Lawsuit Likely to Follow Familiar Pattern

New York AG is 'targeting Trump’s old occupation, not his new one'

(Newser) - New York's attorney general is suing Donald Trump , along with three of his children and the Trump Organization—but the former president's future is likely to be determined by voters, not lawsuits, Philip Bump writes at the Washington Post . He notes that the Letitia James suit, which alleges...

Trump's Former Money Guy Pleads Guilty, Heads to Prison

Allen Weisselberg, 75, also may have to testify about Trump Organization

(Newser) - A top executive at former President Trump's family business pleaded guilty Thursday to evading taxes in a deal that could potentially make him a star witness against the company at a fall trial, per the AP . Former Trump Organization CFO Allen Weisselberg pleaded guilty to all 15 of the...

Trump's Finance Chief Expected to Plead Guilty

Allen Weisselberg said to be negotiating plea deal in tax evasion case

(Newser) - Former President Trump’s longtime finance chief is expected to plead guilty as soon as Thursday in a tax evasion case that is the only criminal prosecution to arise from a long-running investigation into the former president’s company, three people familiar with the matter told the AP . Trump Organization...

A Former President Is Being Deposed Today

Former president complains he's 'being attacked from all sides' ahead of NY deposition

(Newser) - Former President Trump will sit for a deposition —one he has fought for months—on Wednesday as part of the final stage of the New York investigation into the Trump Organization's business practices. For the past three years, New York attorney general Letitia James' lawyers have been investigating...

Judge Halts Trump's $10K-a-Day Fines

But former president needs to cough up $110K

(Newser) - A judge in New York has halted the $10,000-per-day fines Donald Trump has been racking up since he was held in contempt of court last month—but New York Supreme Court Justice Arthur Engoron's conditions for lifting the contempt order include payment of $110,000 in accrued fines....

Judge on Trump's Contempt Charge: Where Are All the Post-Its?

Trump claims in affidavit he doesn't have docs sought by subpoena; Justice Arthur Engoron rejects that

(Newser) - Donald Trump's legal team continues to try to get him out of being held in contempt of court , but on Friday, a New York judge wasn't biting. On Monday, Manhattan Supreme Court Justice Arthur Engoron held the former president in contempt and ordered him to pay a $10,...

Judge Holds Trump in Contempt of Court
Trump Appeals Decision
to Fine Him $10K Per Day

Trump Appeals Decision to Fine Him $10K Per Day

New York judge held former president in contempt of court in civil case Monday

(Newser) - Update: As expected, former President Trump has appealed a New York judge's decision to hold him in contempt of court and fine him $10,000 per day for failing to comply with a subpoena for documents in a civil case. The AP reports Trump's lawyer, Alina Habba, argued...

Prosecutors Quit Trump Fraud Investigation
New Prosecutor Takes
Over Trump Fraud Case

New Prosecutor Takes Over Trump Fraud Case

Susan Hoffinger will now lead the Manhattan DA's team in probe after 2 high-profile resignations

(Newser) - Update: After the resignation this week of two top prosecutors in Manhattan district attorney's criminal investigation of Donald Trump's business practices, a new prosecutor has stepped up to lead the probe. A spokesperson for Manhattan DA Alvin Bragg announced Friday that Susan Hoffinger, who has served in Bragg'...

Unable to Vouch for Work, Accounting Firm Drops Trump

Mazars says financial statements it compiled with information from company can't be relied on

(Newser) - At a time when former President Donald Trump and his company are facing investigations into their business practices, they've lost the support of longtime accounting firm Mazars USA. The firm wrote to the Trump Organization last week that it is no longer Mazars' client. The letter also said the...

New York AG: Investigators Found Evidence of Fraud by Trump Organization

Letitia James says authorities haven't yet decided whether to pursue legal action

(Newser) - The New York attorney general’s office late Tuesday told a court its investigators had uncovered evidence that Donald Trump’s company used “fraudulent or misleading” asset valuations to get loans and tax benefits, the AP reports. The court filing said state authorities haven’t yet decided whether to...

NY AG Subpoenas Trump, Ivanka, Don. Jr
Trump Family Asks Judge 
to Quash Subpoenas

Trump Family Asks Judge to Quash Subpoenas

A decision is not expected for at least a month

(Newser) - Update: Lawyers for Donald Trump and his two eldest children, Ivanka and Donald Jr., asked a judge on Monday night to quash the subpoenas issued to the three Trumps last month. Allowing them to testify in the civil probe would set a "dangerous precedent," their court filing argues,...

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