Trump's two real estate firms in the United States were found guilty of tax evasion and falsifying company records . The decision comes three weeks after Trump was elected president .
Washington, December 7: Former President Donald Trump's two real estate firms in the United States were found guilty of tax evasion and falsifying company records related to a 15-year conspiracy to defraud tax authorities, three weeks after his election for president, according to CNN.Trump's name was repeatedly used by judges regarding his connection to the Trump Organization's government-funded apartments, car leases, and personal expenses, according to CNN.Because of New York law, the firm is not in jeopardy because there is no mechanism that would dismantle it.A felony conviction can jeopardize a business's ability to do business or apply for loans or contracts, according to the report.
On August 8, the US government raided Trumps Mar-a-Lago home, a 17-acre estate in Palm Beach, Florida, claiming that he and his adult children were behind a decade-long fraud, among other charges.Attorneys for the Trump Org.said they would appeal.This was a case about greed and cheating, according to Manhattan District Attorney Alvin Bragg. Trump announced his candidacy for President of the United States today, on November 15, when he claimed they were behind a long-running bribe.