Breaking: Trump Organization fined $1.6m over years-long tax fraud

Donald Trump’s business empire, the Trump Organization, was sentenced in a New York court on Friday to the maximum allowable fine of $1.6m for a tax fraud scheme going back at least 10 years.

Despite the fine itself being relatively small for a huge business, the symbolism of a criminal conviction for an entity so close to the former president is significant.

Details later…