In a case in which a real estate-related company that was run by former US President Trump before he took office was found guilty of tax evasion, a court in New York state fined the company about $1.6 million and the Japanese yen. I ordered a payment of about 200 million yen.
The Trump Organization, a real estate company that Trump ran before he took office, was found guilty of tax evasion and fraud in December last year, alleging that he was engaged in illegal financial transactions.
On the 13th, a New York state court ordered the company to pay a fine of approximately $1.6 million, or approximately 200 million yen in Japanese yen.
A Manhattan district prosecutor in New York said in a statement that the fine is the maximum amount based on the state's tax and criminal laws, and said, "Corporations cannot be put in prison, but they cannot escape by deceiving the tax authorities. It has become something that reminds managers and managers of the situation."
Defendant Weisselberg, who was the chief financial officer at the time, had already pleaded guilty and responded to a plea bargain with the prosecutor over this case, and was sentenced to five months in prison on January 10.
Trump himself has not been criminally charged in the incident, but it is likely to be a blow to his presidential election next year, when he announces his candidacy.