Donald Trump's real estate company has been found guilty of running a criminal scheme to defraud tax authorities for 15 years.
The firm will be sentenced on 13 January. Trump Organization lawyer Alan Futerfas told reporters the company would appeal.
While the firm now faces paying a fine, it is considered unlikely that it would cause serious damage to a company of its size. The group comprises about 500 business entities.
https://news.sky.com/story/donald-trump ... s-12763070
This is very significant for more than one reason. It's pretty well known that the Trump Organisation is in a lot of trouble financially and no longer has access to funding from Russia. With a possible huge fine on the horizon and a tightening market loans will be very hard for Trump to raise.