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Trump Org. fined $1.6 million after conviction for 17 felonies

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A New York judge penalized the Trump Organization $1.6 million – the maximum penalty – on Friday for conducting a decade-long tax fraud scheme, a landmark moment because it is the only criminal conviction that has come close to Donald Trump.

Last month, two Trump companies, The Trump Corp. and Trump Payroll Corp., were convicted of 17 offenses, including tax evasion and falsifying corporate records.

Under New York law, corporations can only be penalized up to $1.6 million, which the Trump Organization can afford.

Prosecutor Joshua Steinglass asked Judge Juan Merchan to levy the maximum sentence on the Trump Organization, although he admitted that it would have “little impact” on a multibillion-dollar corporation.

“We all know that these organizations cannot go to jail like Allen Weisselberg,” Steinglass said on Friday, referring to the Trump Organization’s long-time chief financial officer, who was sentenced to five months in prison earlier this week as part of a plea deal with prosecutors. “The only way to stop someone from doing something like this is to make it as expensive as possible.”

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This Verdict Was Momentous

On Friday, Alvin Bragg, the New York District Attorney, said that the fines against the Trump Organization are big, but he also wants lawmakers to make fines for businesses that break the law even bigger.

“This verdict was momentous,” Bragg said outside the courthouse on Friday, “the first ever for a criminal conviction of former President Trump’s enterprises, and I would go so far as to say the first time for any former president in my lifetime.”

However, Bragg believes that the fine is insufficient.

“To be clear, we do not believe that is sufficient; we believe that our laws in this state must be changed to catch this type of decade-plus widespread, atrocious fraud,” Bragg said.

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Trump Organization Has 14 Days To Pay The Fine.

The real estate business is not in danger of being shut down because there is no legal mechanism to dissolve the company. No one will be imprisoned as a result of the jury’s decision. A felony conviction, on the other hand, may harm the Trump Organization’s reputation and ability to do business and acquire financing or contracts.

Trump and his family were not charged in this case, but prosecutors cited the former president several times during the trial about his link to the untaxed benefits given to certain officials, including company-funded homes, car leases, and personal expenses. According to one prosecution, Trump “explicitly sanctioned” tax evasion.

One juror said that the jury saw a “culture of deception” at the Trump Organization, but when they talked about Trump’s knowledge of the alleged crimes, they called him “Bob Smith.”

Weisselberg pleaded guilty to 15 charges concerning the tax fraud scheme last year and promised to testify honestly against the corporation at trial.

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Weisselbeg Plead Guilty to 15 Charges

He remained on paid leave at the Trump Organization, where he was paid somewhat more than $1 million per year, until his sentence on Tuesday. Weisselberg received a “substantial” severance package, according to one individual familiar with the agreement.

Merchan, who sentenced Weisselberg, stated at the time that if it hadn’t been for the plea agreement, he would have sentenced Weisselberg to a longer time in prison after hearing the evidence at trial.

Merchan called it “offensive” that a $6,000 payroll check was made out to Weisselberg’s wife, who had never worked for Trump, so she could get Social Security payments.

According to a Trump Organization spokesman, Weisselberg “is a victim,” as is the firm and the previous president.

“Even though New York has become the world’s crime and murder capital, these politically driven prosecutors will stop at nothing to get President Trump and continue the never-ending witch-hunt that began the day he announced his candidacy,” the spokesperson stated. “We did nothing illegal and intended to challenge this decision.”

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District Attorney’s Office Is Still Looking Into The Company’s Operations.

Prosecutors are conducting a broad investigation, and in recent months their focus has shifted back to the company’s role in hush-money payments made to keep adult film star Stormy Daniels from going public with an affair with Trump just before the 2016 election, according to people familiar with the matter. Trump has denied having an affair.

According to the people, prosecutors are also looking into potential insurance fraud after fresh information emerged from the New York attorney general’s civil inquiry into the integrity of the Trump Organization’s financial accounts.

The most serious threat to the company right now could be New York Attorney General Letitia James’ $250 million civil lawsuit, which claims Trump, his three eldest children, Weisselberg, and others defrauded lenders, insurers, and tax authorities for more than a decade by inflating the value of multiple Trump Organization properties.

In addition to monetary damages, James, a Democrat, is trying to permanently prevent Trump and the children mentioned in the case from acting as directors of a New York-registered firm. She is also attempting to have the Trump Organization’s corporate certificate revoked, which, if successful, would effectively force the company to discontinue operations in New York state.

The judge presiding over the case appointed an impartial monitor to assess the Trump Organization’s financial accounts and business decisions. He recently turned down requests to end the lawsuit and said he was considering punishing Trump’s lawyers. The trial date has been scheduled for October.

Trump has denied any wrongdoing and claims the case is political.

SOURCE – (AP)

 

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Bernice Johnson Reagon, Whose Powerful Voice Helped Propel The Civil Rights Movement, Has Died

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Bernice Johnson Reagon | AP News Image

Nashville, Tennessee  – Bernice Johnson Reagon, a musician and scholar who utilised her rich, powerful contralto voice to support the American Civil Rights Movement and global human rights campaigns, died on July 16, according to her daughter’s social media post. She was 81.

Reagon was best known as the founder of Sweet Honey in the Rock, an internationally recognized African American female cappella group that she managed from 1973 until her retirement in 2004. The Grammy-nominated group’s purpose has been to educate, empower, and entertain. They sing songs from various genres, including spirituals, children’s music, blues, and jazz. Some of their original compositions pay tribute to American civil rights leaders and foreign liberation movements, such as the struggle against apartheid in South Africa.

Bernice Johnson Reagon, Whose Powerful Voice Helped Propel The Civil Rights Movement, Has Died

“She was incredible,” said Tammy Kernodle, a prominent professor of music at Miami University with a focus on African American music. She referred to Reagon as someone “whose divine energy, intellect, and talent all intersect in such a way to initiate change in the atmosphere.”

According to an obituary posted on social media by her daughter, musician Toshi Reagon, Reagon’s musical activism began in the early 1960s when she worked as a field secretary for the Student Nonviolent Coordinating Committee and became an initial member of the Freedom Singers. In 2010, the trio reassembled and was joined by Toshi Reagon to play for then-President Barack Obama in a White House performance series televised nationally on public television.

Reagon was born in 1942 in Dougherty County, Georgia, outside of Albany. In the early 1960s, he attended music workshops at Tennessee’s Highlander Folk School, an activist training ground. At an anniversary celebration in 2007, Reagon explained how the institution helped her recognize her musical history as unique.

“From the time I was born, we were always singing,” Reagon told me. “When you’re in a culture and, quote, ‘doing what comes naturally to you,’ you don’t notice it. I believe my work as a cultural scholar, singer, and composer would have been very different if someone had not drawn my attention to the people who need songs to stay alive, to keep themselves together, or to boost the energy in a movement.”

Reagon was arrested and dismissed from Albany State College after participating in a civil rights march. She eventually graduated from Spellman College. While a graduate student of history at Howard University and the vocal director of the D.C. Black Repertory Company, she founded Sweet Honey in the Rock.

In 1965, Reagon recorded her debut solo album, “Folk Songs: The South,” for Folkways Records. She joined Atlanta’s Harambee Singers as a founding member in 1966.

According to the Smithsonian, Reagon began working with the institution in 1969 when she was asked to organize and manage a 1970 festival program called Black Music Through the Languages of the New World. She went on to curate the African Diaspora Program and establish and lead the Program in Black American Culture at the National Museum of American History, where she ultimately became curator emeritus. She produced and played on many Smithsonian Folkways recordings.

Reagon was a distinguished professor of history at American University in Washington for a decade, commencing in 1993 and ending as a professor emerita.

According to Kernodle, we think that music has always been a component of civil rights activity, but it was people like Reagon who made music “part of the strategy of nonviolent resistance.” They brought those songs and practices from within the church to the streets and jail cells. And they popularised such songs.”

Bernice Johnson Reagon, Whose Powerful Voice Helped Propel The Civil Rights Movement, Has Died

“What she also did that was very important was that she historicised how that music functioned in the civil rights movement,” according to Kernodle. “Her dissertation was one of the first real studies of civil rights music.”

Reagon won two George F. Peabody Awards, including one for her role as lead scholar, conceptual producer, and host of the Smithsonian Institution and National Public Radio series “Wade in the Water: African American Sacred Music Traditions.”

She has received the Charles E. Frankel Prize and Presidential Medal for distinguished contributions to public awareness of the humanities, a MacArthur Fellows Program award, and the Martin Luther King Jr. Centre for Nonviolent Social Change’s Trumpet of Conscience Award.

SOURCE | AP

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Athletes Enjoying Their First Days At The Giant Olympic Village Ahead Of The Paris Games

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Olympic | AP News Image

Turner Sports hopes to continue its long-standing relationship with the NBA.

Warner Bros. Discovery informed the league on Monday that it will match Amazon Prime Video’s $1.8 billion annual bid. Turner has had an NBA package since 1984, and games have been broadcast on TNT since the network started in 1988.

“We studied the offers and accepted one of them. This will allow fans to continue to experience our unequaled coverage, including the greatest live game productions in the business, as well as our legendary studio shows and talent, as we build on our proven 40-year commitment for many more years,” WBD stated. “We submitted our matching paperwork to the league today.” We are looking forward to the NBA completing our new contract.”

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paris | AP News

Athletes Enjoying Their First Days At The Giant Olympic Village Ahead Of The Paris Games

The NBA Board of Governors approved the league’s 11-year media rights deals with Disney, NBC, and Amazon Prime Video at its meeting in Las Vegas on Tuesday. WBD received all three contracts on Wednesday, beginning the five-day clock for deciding whether to match.

The new deals, for $76 billion, will begin with the 2025-26 season and entail a game being shown or streamed nationally every night during the second half of the season.

The Prime Video package would have offered games on Thursday night after it finished carrying NFL games. The other nights were Friday and Saturday.

TNT would most likely air games on Thursday, with the other nights being streamed on Max.

Warner Bros. Discovery CEO David Zaslav warned at an RBC Investor Conference in November 2022 that Turner and WBD “don’t have to have the NBA.”

Warner Bros. Discovery and the league were unable to negotiate an agreement during their exclusive bargaining period, which ended in April. Zaslav and TNT Sports Chairman/CEO Luis Silberwasser have recently announced that they intend to match one of the agreements.

“During our four-decade collaboration with the NBA, we have consistently provided exceptional coverage for basketball fans. WBD stated that they behaved in good faith to offer strong proposals that were fair to both parties throughout exclusive and non-exclusive negotiations to maintain their long-standing collaboration. “Regrettably, the league notified us of its intention to accept other offers for the games in our current rights package, leaving us to proceed under the matching rights provision, which is an integral part of our current agreement and the rights we have paid for under it.”

NBC and WBD would alternate broadcasting one of the conference finals series. ESPN and ABC will continue to broadcast the league’s top package and will host conference finals and the NBA Finals each year.

According to people familiar with the negotiations, Amazon’s offer contained a mechanism for paying many years in advance into an escrow account, which many thought would be difficult to match. However, WBD has informed the league that it has the financial resources to do so.

“The Ringer’s” Bill Simmons originally mentioned the Amazon provision on “The Town” podcast.

People talked to the A.P. anonymously because they were not at liberty to discuss such serious topics.

WBD pays $1.4 billion per season under the existing nine-year contract, which expires after next season.

WBD is making a large financial investment, but it is necessary. Without the NBA, it would have struggled to charge its present subscriber fees to cable and satellite companies.

Retaining the NBA would also ensure that the popular “Inside the NBA” show will continue. Charles Barkley was dismissive of WBD’s negotiation position and did not believe it would match. Barkley revealed at the end of this season that he planned to retire following the next season.

The village is located in the Saint-Denis district, best known for hosting the Stade de France, home to France’s national soccer and rugby teams. It is located in a once run-down district that has been converted into a dynamic international hub for the Paris Games from July 26 to August 11, as well as the Paralympics from August 28 to September 8.

“It’s great to see so many different countries here,” U.S. rugby sevens center Lucas Lacamp said Monday.

The village has a huge dining hall with several food stations catering to diverse tastes worldwide, a large gym, training grounds for various sports, a polyclinic, prayer rooms, and an anti-doping center.

“I was definitely looking forward to the food court, I won’t lie about that,” said New Zealand rugby sevens player Risaleanna Pouri-Lane, who won the women’s gold medal in Tokyo. “It has been pretty cool. We’ve got a couple of days to soak up the entire village and Olympic environment in Paris.”

Andrew Knewstubb, a silver winner in men’s rugby in Tokyo, emphasized the stark contrast between pandemic-hit Tokyo three years ago and Paris.

“The most noticeable thing is that people are not wearing masks in Paris,” Knewstubb said, adding that he loves how athletes can now greet one other or walk up and swap pins “without the hesitation of Covid.”

Athletes live in five residential zones named after famous Parisian landmarks: Abbesses, Bastille, Dauphine, Étoile, and Fêtes. With environmental protection in mind, the eco-friendly community uses electric automobiles to transport athletes. Pouri-Lane enjoyed riding one of the several bicycles available to athletes.

Anna Meares, a former track cycling star, has four Olympic medals, two of which are gold. Meares is now the Australian team’s Chef de Mission, and he stated that decisions have been made about the team’s residency in the hamlet.

“There was a lot of learning to take out of Tokyo, that played in the decisions we have made in our set up in Paris,” she told me.

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Paris | AP news Image

Athletes Enjoying Their First Days At The Giant Olympic Village Ahead Of The Paris Games

One of them was more significant than it may appear.

“We have kept our barista,” she stated. “One big question I had when I took on this role in Paris was, ‘Why was the barista so popular?'” And that was because it established a social hub for the athletes.

Meanwhile, the American men’s rugby sevens squad is ready for a big game on Wednesday against host France, which has probably the best scrumhalf in the world in Antoine Dupont.

“The preparation has been good. “They’ve taken great care of us in Paris; the fields and facilities were excellent,” said U.S. captain Kevon Williams. “Things have been going smoothly for us. “We’re prepared for the moment.”

That moment will be met with the roar of an 80,000-person sell-out crowd at the Stade de France. Williams and his teammates should enjoy a memorable experience at France’s iconic national stadium, but beach volleyball players have possibly the best location of all.

They play their matches against the backdrop of the Eiffel Tower, which, as famous sites go, is difficult to beat.

“I am not being biased, but I believe it is the best venue of them all,” Artacho del Solar stated. “It’s going to be amazing.”

They got a taste of what was coming when they watched a video of the Australian men’s training session.

“We know it’s going to be electric, exciting, as beach volleyball always is,” said Clancy, whose first assignment during her first practice session was to test the wind, sand depth, and grain quality.

SOURCE | AP 

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Too Soon For Comedy? After Attempted Assassination Of Trump, US Politics Feel Anything But Funny

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Political jokes: is it too soon?

Many quarters responded with a loud yes at midweek, days after an assassination attempt on Republican former President Donald Trump shook the nation over decades of political violence in the United States.

Several late-night shows that rely on political humor instantly modified their plans, with Comedy Central’s “The Daily Show” canceling its Monday show and intending to broadcast from the Republican National Convention in Milwaukee this week. Its host, Jon Stewart, and his guests gave sad monologues.

By Tuesday, the comic rock duo Tenacious D, comprised of Jack Black and Kyle Gass, had canceled the remainder of their global tour “and all future creative plans” after Gass proclaimed onstage his birthday wish: “Don’t miss next time.” Gass apologized.

Too Soon For Comedy? After Attempted Assassination Of Trump, US Politics Feel Anything But Funny

Democratic President Joe Biden, no stranger to criticizing Trump, contacted his wounded competitor, paused his political advertisements and messaging, and urged the country to “cool” the rhetoric.

So, if comedy is tragedy plus time, when is joking acceptable again? And who gives a thumbs up, given that the shooter who targeted Trump also killed former fire chief Corey Comperatore while protecting his family?

The attempted assassination on Saturday, or any of the bloodshed that has afflicted the United States since its inception, is not funny. Trump was smacked in the ear while speaking to rallygoers in Pennsylvania. A Trump supporter and the gunman were dead, while two onlookers were injured. The attack sparked severe concerns about security shortcomings. It was the most recent example of political violence in America, where attacks on politicians date back to at least 1798 when two legislators from opposite parties brawled in the United States House.

Other examples abound in history texts, but the list from this century is particularly striking. Former Arizona Representative Gabby Giffords, D, was shot in the head in 2011. Republican Rep. Steve Scalise of Louisiana, the current House majority leader, was shot and badly injured in 2017. On January 6, 2021, a mob of Trump supporters invaded the US Capitol, preventing Congress from certifying Biden’s election. Paul Pelosi was bludgeoned at his home in 2022 by a guy looking for his wife, former House Speaker Nancy Pelosi.

In addition to that, unwavering fears about Biden’s fitness for office following his catastrophic debate performance, Trump’s conviction on 34 felony counts, and American politics in 2024 appear anything but hilarious.

However, political comedy is as old as politics and administration.

It softens the impact of democratic decisions and is a powerful tool for politicians aiming to alleviate or increase concerns about themselves or their opponents. And in recent years, Trump has been the focus of more jokes than anyone else. According to a 2020 study by George Mason University’s Center for Media and Public Affairs, late-night hosts made 97% of their jokes about Trump.

“It’s never too soon, unless it’s not funny,” Alonzo Bodden, a 31-year-old stand-up comedian, said in a phone interview Wednesday. He is not a Trump supporter but stated that comedians “will always make it funny no matter what happens.” That is what we do. “It is how we communicate.”

“In this case, Donald Trump is such a character and the fact that he wasn’t killed, the jokes started immediately,” said Bodden. “And I don’t believe he minds. He’s one of those persons who is always happy to be mentioned.”

Humor humanizes large figures.
Perhaps most effectively, political humor can make arrogant leaders appear more human or at least self-conscious.

Consider “covfefe,” Trump’s strange middle-of-the-night tweet in 2017 that went viral, prompting Jimmy Kimmel to despair that he’ll never write something funnier. “Make the Pie Higher,” a poem by late Washington Post cartoonist Richard Thompson, was composed solely of President George W. Bush’s botched words and was published for his inauguration in 2001.

“It is a very complicated economic point I was making there,” Bush said with a smirk at the Radio and Television Correspondents Dinner a few months later. “Believe me, what this country needs is taller pie.”

Before the debate, Biden attempted to use humor to bring the age issue to the forefront, but it became evident that the concern was more about his cognitive ability. “I know I’m 198 years old,” Biden declared, to wild laughter and clapping.

 

Too Soon For Comedy? After Attempted Assassination Of Trump, US Politics Feel Anything But Funny

Humor is such an effective campaign tactic that candidates flock to guest appearances on late-night shows, which have risen in political prominence. However, following the assassination, a pause settled over everything, as indicated by Stewart’s serious address on Monday.

“None of us knows what’s going to happen next other than there will be another tragedy in this country, self-inflicted by us to us, and then we’ll have this feeling again,” Stewart told the crowd.

“The Late Show’s Stephen Colbert recalled his astonishment at the attack, joy that Trump had survived, and “grief for my great country.”

“Though I could just as easily start the show moaning on the floor,” he laughed, “because how many times do we need to learn the lesson that violence has no role in our politics?”

As is customary for social media, it was acting more freely. “I think it’s ironic that Trump almost died from a gun today because he was too far right-leaning,” comedian Drew Lynch remarked on YouTube. “Alright. That’s all I have. I believe my neighbors might be listening.”

SOURCE | AP

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