Trump Organization Found Guilty of Tax Fraud

A Manhattan jury has found former President Donald Trump’s namesake real estate company guilty of criminal tax fraud, three weeks after Trump announced a third presidential run.

The jury found the two entities of the Trump Organization guilty as charged on all counts, including scheme to defraud, conspiracy, criminal tax fraud and falsifying business records.

The two entities — the Trump Corporation and the Trump Payroll Corporation — were accused of paying the personal expenses of some executives without reporting them as income, and of compensating them as independent contractors instead of full-time employees.

Read the source article at abcnews.go.com