Trump Organization’s criminal tax fraud trial wraps up with closing arguments

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Donald Trump’s company “cultivated a culture of fraud and deception” by lavishing luxe perks on executives and falsifying records to hide the compensation, a prosecutor told jurors Thursday during closing arguments at the Trump Organization’s criminal tax fraud trial.

Assistant Manhattan District Attorney Joshua Steinglass’ fiery summation followed defense arguments that sought to focus blame for the fraud on longtime company finance chief Allen Weisselberg, who has admitted scheming to avoid paying personal income taxes on a company-paid apartment, luxury cars and other goodies.“Weisselberg did it for Weisselberg,” Trump Organization lawyer Michael Van der Veen said, punctuating his closing argument with the defense team’s mantra during the monthlong trial.

If convicted, the Trump Organization could be fined more than $1 million. It could also face some difficulty making future deals. The tax fraud case is the only trial to arise from the Manhattan district attorney’s three-year investigation of Trump and his business practices. Thursday’s closing arguments were the last chance for prosecutors and defense lawyers to sway jurors before they deliberate next week.Weisselberg pleaded guilty in August to dodging taxes on $1.7 million in extras and testified against the Trump Organization in exchange for a promised sentence of five months in jail.

Weisselberg testified that he conspired to hide his perks with the company’s senior vice president and controller, Jeffrey McConney, by adjusting payroll records to deduct their cost from his salary.

Source: News Formal (newsformal.com)

 

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Those are closing arguments. Which means they’re opinionated. If Trump or his Organization committed any kind of fraud he would’ve been caught and delt with. That’s how the IRS works. They don’t let you get away with it. Not to mention the last 7 years of investigations. 🙄

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