Trump’s Companies Fined $1.6 Million for Tax Fraud

Trump’s Companies Fined $1.6 Million for Tax Fraud
A security guard stands at the door of Trump Tower in New York on March 7, 2021. Kena Betancur/AFP via Getty Images
Tom Ozimek
Updated:
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Former President Donald Trump’s two companies—the Trump Corporation and the Trump Payroll Corp.—have received the maximum possible sentence of $1.61 million on multiple tax fraud-related felony convictions.

While Trump himself wasn’t charged in the case, his two companies were earlier convicted of over a dozen felonies, including a scheme to defraud, conspiracy, two counts of tax fraud, and falsifying business records.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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