Trump Organization Fined $1.6 Million for Tax Fraud and Conspiracy

The Trump Organization was fined $1.6 million Friday morning for tax fraud, conspiracy, and other crimes as part of a 15-year scheme that compensated top executives off the books.

Two subsidiaries of the organization, Trump Payroll Corp. and Trump Corp., were hit with the highest possible fines under New York State law at the Manhattan criminal hearing.

The two companies were found guilty last month—just weeks after Donald Trump announced his third consecutive run for president—on 17 criminal counts, including scheming to defraud, conspiracy, tax fraud, and falsifying business records.

The sentence will not dissolve the company, nor send anyone to jail. But Trump Organization CFO Allen Weisselberg was sentenced Tuesday to five months in jail for his role in leading the scheme to defraud state and federal tax authorities for over 15 years. Weisselberg himself had been accused of receiving some $1.7 million in secret compensation throughout the scheme.

“Trump Organization Chief Financial Officer Allen Weisselberg used his high-level position to secure lavish work perks such as a rent-free luxury Manhattan apartment, multiple Mercedes Benz automobiles and private school tuition for his grandchildren—all without paying required taxes,” said Manhattan District Attorney Alvin Bragg in a statement.

Weisselberg was able to net a lighter sentence after agreeing to testify on the scheme.

Trump, denying any wrongdoing even while not being a defendant in the first place, called the case “a continuation of the Greatest Political Witch Hunt in the History of our Country.”

Numerous documents have implicated Trump to some degree. Jeff McConney, the senior vice president at Trump Corp., even implicated Trump in the scheme at first but then walked back that testimony. McConney’s legal fees are paid for by the Trump Organization.

Trump still faces numerous other investigations—on the state and federal level—for his seizure of classified documents after he left the White House, his efforts to overturn the 2020 election, and the accuracy of the Trump Organization’s financial records and valuations.

The New York attorney general is also pursuing a $250 million civil lawsuit into whether Trump’s asset valuation statements were indicative of fraud. Last week, a judge denied Trump’s appeal to dismiss the case, calling his legal team’s arguments “frivolous.” Among financial penalties, Trump and his family could be barred from leading business operations in New York ever again.

Among George Santos’s many lies and embellishments and cover-ups is how, exactly, he came into so much money so quickly.

Just a few years ago, Santos claimed no major assets and a $55,000 salary. Two years later, his net worth skyrocketed and he apparently boasted a nearly seven-figure salary and millions in dividends. He even loaned some $700,000 to his campaign. Santos has thus far refused to answer where this inordinate amount of money actually came from, especially so quickly. And on Thursday, while speaking on friendly territory, he still avoided the question.

On Steve Bannon’s War Room program, guest host and Santos’s colleague Representative Matt Gaetz asked Santos about the $700,000.

“I’ll tell you where it didn’t come from. It didn’t come from China, Ukraine, or Burisma,” Santos quipped with a grin. “How about that?”

Santos has claimed a net worth as high as $11.5 million—all from the newly formed Devolder Organization from which Santos claimed to receive a $750,000 salary and between $1 and $5 million in dividends. Gaetz followed up on Santos’s quip, giving him an easy out to offer any simple explanation for where the money came from. Instead, Santos remained cryptic and even more dishonest.

“Look, I’ve worked my entire life. I’ve lived an honest life. I’ve never been accused—sued—of any bad doings,” Santos said, contributing yet another lie to his already massive pile. “You know, it’s the equity of my hardworking self that I’ve been invested inside of me,” he continued, nonsensically.

“Like I said, it didn’t come from Burisma, it didn’t come from Ukraine, Russia, China—unlike some folks that we all know that get money from those sources,” Santos concluded, relieved to somehow have stumbled his way to the end of his vacuous sentence.

Gaetz marched forward with the conversation, perhaps with second-hand embarrassment after watching Santos fumble even the most generous layup opportunity.

Attorney General Merrick Garland announced Thursday he has appointed a special counsel to investigate the classified documents found in President Joe Biden’s home and former private office.

Biden’s personal attorneys found about a dozen documents in total at the two locations. It is unclear what the documents contain or how sensitive they are. The White House immediately alerted the National Archives, returned the documents the following day, and has been cooperating with the investigation into how the papers got there.

After the initial department investigation, “I concluded that under the special counsel regulations, it was in the public interest to appoint a special counsel,” Garland told a press conference.

He said he had picked Robert Hur, who was nominated to be U.S. attorney in Maryland by former President Donald Trump, to lead the investigation. Before serving as U.S. attorney, Hur worked with the Department of Justice in the early 2000s, focusing on counterterrorism and corporate fraud.

While serving as the U.S. attorney for the district of Maryland, Hur supervised cases dealing with national security and public corruption, including a high-profile case in 2020 in which a white nationalist Coast Guard lieutenant was charged with domestic terrorism.

Since the documents were discovered, Republicans have slammed what they consider a double standard in treatment for Biden and Trump. Senator Lindsey Graham called for a special counsel to be appointed to lead an investigation into Biden.

It’s worth noting that Trump’s and Biden’s situations are nowhere near similar. Trump took hundreds of classified documents, insisted he had done nothing wrong, and resisted all federal efforts to retrieve the papers. Ultimately, the FBI raided his Mar-a-Lago residence to find the documents. As for Biden, as late-night host Seth Meyers noted, “The FBI doesn’t raid someone who’s already cooperating.”

Garland’s decision to appoint a special counsel has produced a mixed reaction. Elie Mistal, the justice correspondent for The Nation, criticized the attorney general’s relative speed in appointing Hur, compared to the nearly two years it took him to appoint Jack Smith as special counsel to investigate Trump.

But national security reporter Marcy Wheeler, who goes by the Twitter handle @emptywheel, argued that doing so would essentially throw Republicans a bone, giving Smith more breathing room for his investigation.

People are getting incredibly hot under the collar over a gas stove ban that isn’t even happening.

The U.S. Consumer Product Safety Commission announced in mid-December that it was considering health regulations on gas stoves for the first time ever, following a report that gas ranges were responsible for almost 13 percent of childhood asthma cases. But the debate really boiled over this week after Richard Trumka, a CPSC commissioner, told Bloomberg the agency was considering banning gas stoves.

Trumka has since clarified that the agency will not forcibly take anyone’s  gas stove, but will instead seek to decrease the associated health hazards, including by implementing regulations on new products. President Joe Biden has also said that he does not support a ban on gas stoves.

Still, the reactions have been heated, to say the least, and utterly out of proportion.

Representative Ronny Jackson, an actual physician who opposed masking to protect against Covid-19 and said former President Donald Trump could live to be 200, tweeted that the CPSC can pry his gas stove “from my cold dead hands.” He also shared a petition to “Save the Stoves.”

Representative Mark Alford tweeted a photo of a gas stove top captioned, “COME AND TAKE IT.”

Senator Ted Cruz tweeted that the Biden administration is considering banning gas stoves, which is completely untrue.

Even Democratic Senator Joe Manchin got in on the debate. Manchin represents a state that is the second-largest coal producer in the nation, and he chairs the Senate Energy and Natural Resources, so he has a definite interest in protecting the fossil fuel industry.

Looks like people need to simmer down a bit.

There may be clowns in Congress, but George Santos is every day building the case that he’s the whole circus.

A growing number of Republicans are calling for the New York representative to resign, as his pile of lies (and potential crimes) continues to rise. On Tuesday, May 9, Santos was indicted on 13 counts related to money laundering, wire and unemployment fraud, and lying to Congress.

Twelve Republican members of Congress have called for Santos’s resignation so far.

The congressman, for his part, has not yet commented publicly on the charges against him. Though Santos may claim he was rightfully elected by the people, voters actually elected someone now proven to be entirely fictitious—and a criminal.

While Santos weathers the barrage of Democrats who have already called for his resignation, here is every Republican who have joined those calls so far:

• Nassau County Republican Party
• Suffolk County Republican Party
• Representative Steve Womack (Arkansas)
• Representative Darin LaHood (Illinois)
• Representative Anthony D’Esposito (New York)
• Representative Nick LaLota (New York)
• Representative Nick Langworthy (New York)
• Representative Mike Lawler (New York)
• Representative Marcus Molinaro (New York)
• Representative Brandon Williams (New York)
• Representative Max Miller (Ohio)
• Representative Nancy Mace (South Carolina)
• Representative Tony Gonzales (Texas)
  
• Senator Mitt Romney (Utah)