Breaking news: The Trump Organization was sentenced to pay $1.6 million in fines and penalties to the state on Friday — the maximum allowed by law — following its December conviction on tax crimes carried out by two of its longtime executives.
He pleaded guilty in August to 15 felonies and agreed to testify in exchange for a significantly reduced sentence of five months in jail and five years probation which was imposed in court on Tuesday. He also paid the state more than $2 million in back taxes, fines and interest.
Lawyers for the company disputed the top amount of monetary penalties allowed and that said it will appeal the conviction.
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