Donald Trump’s namesake business empire has been convicted on 17 counts of tax fraud and financial crimes in a landmark New York state criminal tax fraud trial, potentially resulting in up to $1.6 million in fines and deepening the former president’s legal jeopardy as investigators continue to probe his business activities.
It’s the latest development as a handful of investigations involving Trump heat up, including high-profile witnesses testifying in Fulton County, Georgia, and Jan. 6 committee Chairman Bennie Thompson’s announcement that the committee has decided to make criminal referrals to the Justice Department.
The prosecution of Trump’s companies is part of a flurry of activity by the Manhattan District Attorney’s Office in recent months. Although he faced public scrutiny for allowing a grand jury that was hearing evidence against Trump to disband early this year, Manhattan District Attorney Alvin Bragg said his office is actively continuing to investigate whether Trump misled lenders about the value of his assets and is reportedly revisiting Trump’s role in payments made to two women during his 2016 presidential run.
