Advertisement
Trump Org Fined $1.6M, Convicted of 17 Felonies, Tax Fraud
The Trump Organization was fined $1.6 million -- the maximum possible penalty -- by a New York judge Friday for running a decade-long tax fraud scheme ...
Menu
Front Page Breaking News Comments Flagged Comments Recently Flagged User Blogs Write a Blog Entry Create a Poll Edit Account Weekly Digest Stats Page RSS Feed Back Page
Subscriptions
Read the Retort using RSS.
RSS Feed
Author Info
Corky
Joined 2005/05/24Visited 2023/03/23
Status: user
MORE STORIES
Israel Passes Law Shielding Netanyahu from Being Removed (10 comments) ...
Never Don and Never Ron (11 comments) ...
Rand Paul: NY DA in Trump Case 'Should Be Put in Jail' (64 comments) ...
3 GOP House Chairs Try to Shut Down DA's Investigation (36 comments) ...
Rwing Host: "Military Execute Obama if Trump is Indicted (82 comments) ...
Alternate links: Google News | Twitter
Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.
"Two Trump entities, The Trump Corp. and Trump Payroll Corp., were convicted last month of 17 felonies, including tax fraud and falsifying business records.
Under New York law, the most the companies can be fined is about $1.6 million, a penalty the Trump Organization can easily afford."
.
This is what happens since Republicans made secret bribery of politicians legal; the penalties are so low that's it's just a minor business cost to break the law.
The article also makes this clear.
#1 | Posted by Corky at 2023-01-13 11:38 AM | Reply | Newsworthy 1
"This conviction was," Bragg said outside of the courtroom Friday, "was consequential, the first time ever for criminal conviction of former President Trump's companies, and indeed I would go so far as to say the first time ever for any former president certainly in my lifetime."
But, Bragg added, the fine isn't enough of a penalty.
"I want to be very clear " we don't think that is enough. Our laws in this state need to change in order to capture this type of decade-plus systemic, egregious fraud," Bragg said."
#2 | Posted by Corky at 2023-01-13 11:40 AM | Reply | Newsworthy 1
"Two Trump entities, The Trump Corp. and Trump Payroll Corp., were convicted last month of 17 felonies"
17 felonies?!?
Since corporations are people, my friend, when are people going to jail?
#3 | Posted by Danforth at 2023-01-13 12:04 PM | Reply | Newsworthy 8
A fine means "Legal For A Price."
#4 | Posted by snoofy at 2023-01-13 04:39 PM | Reply | Newsworthy 3
I don't see any Conservatives defending Trump on this one.
#5 | Posted by Sycophant at 2023-01-13 04:59 PM | Reply
SO glad rwingers finally got that "businessman for Pres" that they always wanted.
And sure enough, he ran the Gov just like he did his corporations.
Like the criminal that he is.
#6 | Posted by Corky at 2023-01-13 05:01 PM | Reply | Newsworthy 1
No prob here. We will continue to lend to our great friend and biggest borrower, Don Trump... -Axos Bank
#7 | Posted by catdog at 2023-01-13 05:10 PM | Reply
"I don't see any Conservatives defending Trump on this one."
Head on over to the graveyard, you'll hear plenty of whistling there.
#8 | Posted by snoofy at 2023-01-13 05:21 PM | Reply
This is all just theater.....
#9 | Posted by Corky at 2023-01-13 06:36 PM | Reply
When a corporation is convicted of a crime there should be a presumption that the board of directors directed that criminal activity and the crime should be imputed to them unless they can show that they did due diligence in forbidding criminal behavior.
#10 | Posted by TenMile at 2023-01-13 07:20 PM | Reply
#10 The Executives should be given the Corporate Death Penalty.
They should be barred from forming new corporations or taking executive roles in any corporations.
At the very least they could be put in time out for a number of years.
But no, that would be "bad for business."
#11 | Posted by snoofy at 2023-01-13 07:23 PM | Reply
Or they should have their heads removed from their shoulders
It would only take a few
#12 | Posted by truthhurts at 2023-01-13 07:29 PM | Reply
It is too bad that the article doesn't have a little table to show the $ amount of the ten year fraud versus the $1.6MM fine (around $160,000 per year). I wonder how much tRump Inc netted on that little investment?
#13 | Posted by lduvall at 2023-01-13 10:58 PM | Reply | Newsworthy 2
Big deal!! It would be like a $ 1.60 for us regular guys.......
or equivalent to a slap on the wrist........
#14 | Posted by saginawmi at 2023-01-14 09:55 AM | Reply
Re 13
Was thinking the exact same thing.
White collar crime is very profitable. I spent a year in Korea (away from my family) for way less than what he netted.
#15 | Posted by donnerboy at 2023-01-15 12:42 PM | Reply
Why are the Dems always "selectively prosecuting" Trumpy when he is caught committing crimes?
-Visitroll
#16 | Posted by donnerboy at 2023-01-15 03:10 PM | Reply
Post a commentComments are closed for this entry.Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2023 World Readable
Comments are closed for this entry.
Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy | Copyright 2023 World Readable