Former President Donald Trump’s company was hit with a $1.6 million fine on Friday for a scheme in which top executives were found to have dodged personal income taxes on job emoluments.

A fine was the only penalty available penalty against the Trump Organization after its conviction last month for 17 tax crimes in the first-ever criminal convictions of Trump’s companies, as Breitbart News reported.

The conviction and penalties came after New York prosecutors have spent the…

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