Donald Trump's two companies found guilty in Tax Fraud, will have to pay heavy fine

Donald Trump who is former president of United States has received another setback from the court. Two of Trump's companies were convicted of fraud out of all the companies of Trump two of them were convicted of fraud. New agency confirmed that ANI two of Trump's corporate entities were found guilty on all the 17 counts in a case filed by the Manhattan District Attorney. According to ANI reports It includes tampering with business records too. Trump's companies has been blamed for avoid paying personal income tax on rent-free apartments and luxury cars and perks of the job. 

Trump was not personally indicted

According to news agency ANI, Trump Corp and Trump Payroll Corp were convicted of cheating. However, Donald Trump has not been indicted personally. Former President Trump was also mentioned several times during the court case. According to CNN, Trump's company could face a fine of $1.61 million. Significantly, the company will not be closed. 

Let us inform you that it has been announced by Trump that he is going to enter the 2024 election field and after that he has got all the limelight and have been in headlines. Opposition is also been continuously targeted by Donald Trump.