Trump Organization Convicted Of Tax Fraud In Executive's Scheme

The Trump Organization faces multiple charges, including tax fraud and conspiracy, potentially leading to over $1 million in fines. The prosecution argued that the organization fostered a culture of fraud, with executives receiving off-the-books perks. The case focused on testimony from CFO Alan Weiselberg, who admitted to tax fraud. Although Donald Trump was not named, prosecutors claimed he was aware of the scheme. Trump's defense argued the case was politically motivated and blamed an external accounting firm. The maximum penalty is $1.6 million, and New York's Attorney General emphasized that no one is above the law.

What new insight or understanding did you gain from this video?