guilty. the company pleads not guilty. thank you. the judge, very well. a different prosecutor rises. your honor, in light of the many cases, as spelled out this was a 15-year long tax fraud scheme involving off the books payments which is a type of crime charged against companies and executives all the time. contrary to today s assertion by the company s ceo, former president donald trump, this is not a, quote, standard practice or the act of a rouge or isolated employee but instead by the most senior executives benefitting themselves and themselves receiving pay raises. the chief financial officer himself avoided taxes on
including electricity, phone, cable television. during this period, trump organization also paid for his monthly garage expenses. kons tugt employee compensation and taxable income and these payments were not booked in the trump corporation s general leger. for years, the trump organization obtained internal measures to track indirect compensation. otherwise reported to authorities. he s effectively getting paid. deducted from his salary. definitely part of his compensation. they didn t report it and didn t
out. when we saw it, we were like, where are these going. what we found, we were comparing taxes to other documents. we had public and other documents. we saw some went to a company controlled by ivanka trump as an officer and paid out to ivanka trump. why that was a red flag, she s an officer of the trump organization and has paid more than $2 million and is also getting consulting fees and something right away the irs should be getting. these sort of payments should be ordinary and necessary. you have to question why somebody who is making $2 million at the trump organization is also getting consulting fees. you are like, what s going on and we are reporting suspected and reported about is that this is an attempt to reduce taxable
subpoenas and refused to allow us to speak to any employees in the grand jury. to be clear, the company has a complete right to adopt this type of approach. but having done so, it doesn t have the right to turn around and ask for the leniency and benefit that applies to a company that does cooperate. in short, no clearer example of a company that should be held to criminal account. finally, to address what this case is not about. this case is not about politics. this investigation, which is ongoing has been thorough careful and proper and limited to subject matters within our jurisdiction. politics has no role and played no role here. considered by an impartial grand jury. we look forward to a review of the minutes that will confirm
list it in company s books and did describe it to the penny on a sheet. is you taking notes on a criminal conspiracy? what are you thinking? they kept internal records of stuff they were otherwise keeping off the books. really? prosecutors now apparently have that. 0 audacious and sweeping is how the prosecutor describes it. here is another point. the scheme to have trump s company pay for personal stuff for trump organization executives as described as a scheme. not only did those executives not have to pay for those out of pocket, they would there by dodge taxes on the company and employee side.