Trump Organization and top financial executive charged with tax crimes over fringe benefit scheme

Trump Organization and top financial executive charged with tax crimes over fringe benefit scheme

Assessment

Interactive Video

Science, Social Studies, Business

11th Grade - University

Hard

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New York prosecutors have charged the Trump Organization and CFO Allen Weisselberg with a scheme to defraud by concealing $1.7 million in taxable income. The indictment details unreported fringe benefits, including an apartment and luxury car payments. Weisselberg allegedly evaded significant federal, state, and city taxes and claimed refunds he wasn't entitled to. He has pleaded not guilty.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the Trump Organization and its CFO, Allen Weisselberg, charged with?

Embezzlement

Tax evasion in the second degree

A scheme to defraud in the first degree

Money laundering

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the largest undeclared fringe benefit mentioned in the indictment?

A private jet

An apartment on the Upper West Side

A vacation home in the Hamptons

A luxury yacht

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the Trump Organization allegedly pay for lease payments on Mercedes-Benz cars for Weisselberg and his wife?

$250,000

$300,000

$190,6245

$500,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the total amount of federal taxes Weisselberg is accused of evading?

$800,000

$700,000

$600,000

$556,385

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What plea did Allen Weisselberg enter in response to the charges?

Guilty

Not guilty

No contest

Guilty with a plea bargain