How will Trump Organization be penalized? Former president’s company found GUILTY of tax fraud

How will Trump Organization be penalized? Former president’s company found GUILTY of tax fraud
Former president Donald Trump faces no criminal liability in the case (Joe Raedle/Getty Images)

MANHATTAN, NEW YORK: A criminal trial in Manhattan found Trump Organization guilty of fraud on all counts. Former president Donald Trump's company is now facing a series of tax fraud charges. The potential penalty would amount to $1.6 million. 

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Although the amount is not much for such a large company, the charges could harm future business opportunities. "The former president's companies now stand convicted of crimes," Manhattan DA Alvin Bragg said after the verdict, according to the Daily Mail. "That is consequential. It underscores that in Manhattan we have one standard of justice for all."