Trump paid a $110,000 fine for “obstructing” a tax investigation in New York

Former US President Donald Trump has paid a $110,000 fine for “obstructing” a wide-ranging tax fraud investigation carried out since 2019 by the New York state justice system, a spokesman announced Friday.

Trump was sentenced on April 25 by the Supreme Court in New York to pay $10,000 a day while refusing to hand over accounting and tax documents as part of a civil investigation led by state attorney general Letitia James against the Trump Organization family group. .

“On May 19, Donald Trump paid $110,000 to the Attorney General’s office,” a spokesperson for Democratic Justice-elect Letitia James announced in an email on Friday.

James and the Republican billionaire have been waging a tough battle for months.

On February 17, the prosecutor obtained an order from a New York judge for Trump and his children, Donald Jr. and Ivanka, to testify under oath in the framework of the investigation into suspected “fraudulent” tax practices. “.

A decision that the Trumps appealed, who accuse James of “political witch hunt.”

But the New York justice also demanded accountability and present accounting and tax documents of the Trump organization before March 31. Faced with Trump’s rejection, James obtained on April 25 that he be convicted of “obstruction.”

On May 6, however, the New York court suspended the counting of the fine days and decided that Trump would have until Friday, May 20, to pay for the period from April 25 to May 6, that is, about $110,000 per 11 days. What he did on Thursday.

According to a spokesman for James, the Trump camp also had until Friday to submit “sworn statements” regarding the request for accounting and tax documents from the Trump organization. These documents were gathered and produced by a cabinet on Thursday, according to the same source.

A judge must now decide whether Trump’s side met all the demands.

James suspects that the Trump Organization would have “fraudulently” overestimated the value of real estate properties when requesting bank loans, and have underestimated them before the IRS to pay less taxes.

nr / rle / dl / cjc

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