Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney.
The conviction on all 17 counts comes on the second day of jury deliberations in the State Supreme Court in Manhattan, in a trial in which the Trump Organization was accused of being complicit in a scheme to hand out fancy job perks to top executives – including rent-free apartments, luxury cars and private school tuition for relatives – none of which they paid personal income tax on.
New York prosecutors have spent three years investigating the former president and his businesses.
The company is expected to be fined up to $1.6 million, a relatively low amount, but the conviction could affect some of the company’s future deals.
Mr Trump, who recently announced he was running for president again, has dismissed the case as a politically motivated “witch hunt” by Democrats.
With additional reporting from agencies.