Economic news

Jury selection concludes in Trump company’s criminal tax fraud trial

2022.10.28 15:01



© Reuters. FILE PHOTO – Potential jurors who need to speak privately with the judge and attorneys raise their hands at the jury selection for the Trump Organization’s criminal tax trial in Manhattan Criminal Court, New York City, U.S., October 24, 2022 in this court

By Luc Cohen

NEW YORK (Reuters) – Jury selection concluded on Friday for the Trump Organization’s criminal trial in New York on charges of running a 15-year tax fraud scheme, setting the stage for opening statements on Monday.

The Manhattan district attorney’s office last year charged the former president’s company and its longtime chief financial officer, Allen Weisselberg, with awarding “off the books” benefits to some senior executives, enabling certain employees to understate their taxable compensation and the company to evade payroll taxes.

Justice Juan Merchan in state court in Manhattan on Friday swore in the six alternate jurors, who will take over in case any of the 12 jurors become unable to serve. The 12 were selected earlier this week.

Weisselberg in August pleaded guilty to charges including grand larceny and tax fraud while admitting to concealing $1.76 million in income. Weisselberg agreed to testify against the company at trial as part of his plea agreement.

The Trump Organization, which operates hotels, golf courses and other real estate around the world, could face up to $1.6 million in fines for the three tax fraud counts and six other counts it faces. The company has pleaded not guilty.

Trump himself is not charged in the case, but has called the prosecution politically motivated.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 94,349.28 1.47%
ethereum
Ethereum (ETH) $ 3,338.70 0.39%
tether
Tether (USDT) $ 0.998623 0.12%
xrp
XRP (XRP) $ 2.17 0.05%
bnb
BNB (BNB) $ 697.80 0.43%
solana
Solana (SOL) $ 185.66 1.68%
dogecoin
Dogecoin (DOGE) $ 0.316328 0.40%
usd-coin
USDC (USDC) $ 1.00 0.10%
staked-ether
Lido Staked Ether (STETH) $ 3,335.46 0.39%
cardano
Cardano (ADA) $ 0.870929 0.09%
tron
TRON (TRX) $ 0.258322 0.52%
avalanche-2
Avalanche (AVAX) $ 36.66 2.62%
the-open-network
Toncoin (TON) $ 5.65 1.09%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,963.13 0.23%
chainlink
Chainlink (LINK) $ 21.18 7.43%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 0.13%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,185.23 1.54%
sui
Sui (SUI) $ 4.01 5.57%
bitget-token
Bitget Token (BGB) $ 8.17 13.65%
stellar
Stellar (XLM) $ 0.348385 2.42%
hedera-hashgraph
Hedera (HBAR) $ 0.273151 4.35%
polkadot
Polkadot (DOT) $ 6.84 2.60%
weth
WETH (WETH) $ 3,338.34 0.47%
bitcoin-cash
Bitcoin Cash (BCH) $ 440.56 1.06%
hyperliquid
Hyperliquid (HYPE) $ 25.87 2.94%
leo-token
LEO Token (LEO) $ 9.26 0.71%
uniswap
Uniswap (UNI) $ 13.10 4.00%
pepe
Pepe (PEPE) $ 0.000018 3.14%
litecoin
Litecoin (LTC) $ 99.56 4.00%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,522.85 0.40%
near
NEAR Protocol (NEAR) $ 5.15 0.53%
ethena-usde
Ethena USDe (USDE) $ 0.99766 0.03%
usds
USDS (USDS) $ 0.998711 0.24%
aave
Aave (AAVE) $ 323.53 5.34%
internet-computer
Internet Computer (ICP) $ 10.17 2.53%
aptos
Aptos (APT) $ 8.72 3.19%
crypto-com-chain
Cronos (CRO) $ 0.148384 2.17%
mantle
Mantle (MNT) $ 1.19 0.20%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.477059 1.63%
ethereum-classic
Ethereum Classic (ETC) $ 25.99 1.37%
vechain
VeChain (VET) $ 0.04547 3.18%
monero
Monero (XMR) $ 199.47 4.32%
render-token
Render (RENDER) $ 6.91 4.15%
whitebit
WhiteBIT Coin (WBT) $ 24.68 0.54%
mantra-dao
MANTRA (OM) $ 3.73 3.24%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.45 11.39%
dai
Dai (DAI) $ 1.00 0.12%
bittensor
Bittensor (TAO) $ 463.22 2.36%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.29 0.50%
arbitrum
Arbitrum (ARB) $ 0.752985 1.55%