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Former President Donald Trump Organization Convicted Of Criminal Tax Fraud

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Former President Donald Trump's Company Convicted Of Criminal Tax Fraud

(CTN NEWS) – In a striking rebuke of the former president’s business practices, Trump Organization was found guilty of tax evasion on Tuesday for assisting executives in avoiding paying taxes on luxurious benefits, including Manhattan residences and expensive cars.

A jury found two corporate organizations affiliated with the Trump Organization guilty on all 17 counts, including conspiracy and falsifying financial documents.

Donald Trump was not being tried personally. On the second day of discussions, the decision was reached.

The conviction is a recognition of the three-year investigation by New York prosecutors into the former president and his businesses.

The verdict, according to Manhattan District Attorney Alvin Bragg, “underscores that in Manhattan, we own a level of morality for all.”

Former President Donald Trump Organization Convicted Of Criminal Tax Fraud

Manhattan District Attorney Alvin Bragg smiles outside the courtroom after the jury found the Trump Organization guilty on all counts in a criminal tax fraud case this afternoon. Photograph: Julia Nikhinson/AP

The Trump Organization faces a maximum fine of $1.6 million, a modest sum for a business of its size, though the conviction may hamper some of its future business transactions.

Trump, who only just declared his candidacy for president once more, claimed the prosecution against his company resulted from a “witch hunt” with political overtones.

Alan Futerfas, an attorney for the Trump Organization, promised to appeal while speaking outside the courtroom.

The decision worsens Trump’s already serious legal problems.

He is now under criminal investigation in Washington for keeping top-secret information at his Florida resort, Mar-a-Lago, and is also fighting to have the results of the 2020 election overturned.

A recently appointed Justice Department special counsel is in charge of the investigations. The district attorney in Fulton County is also looking into attempts by Trump and his friends to have his Georgia victory overturned.

Even though Trump himself was not prosecuted, the decision represents yet another setback for the former president.

Who has encountered several problems caused by his actions since announcing his third bid for the presidency last month?

Former President Donald Trump Organization Convicted Of Criminal Tax Fraud

Former President Donald Trump departs Trump Tower, Wednesday, Aug. 10, 2022, in New York, on his way to the New York attorney general’s office for a deposition in a civil investigation. Donald Trump’s company on Tuesday, Dec. 6, 2022.

That includes resentment over his dinner with an anti-Semitic rapper formerly known as Kanye West and a Holocaust denier, as well as his authoritarian call for the “termination of all rules, regulations.

And articles, even those found in the Constitution,” to address his flimsy allegations of widespread election fraud.

Allen Weisselberg, the Trump Organization’s former finance director, testified extensively in the Manhattan district attorney’s case against the business.

Weisselberg previously pleaded guilty to charges that he had manipulated the company’s books and his compensation package to improperly reduce his taxes.

Weisselberg agreed to testify in exchange for a guaranteed five-month jail sentence.

Former President Donald Trump Organization Convicted Of Criminal Tax Fraud

Trump Organization’s former Chief Financial Officer Allen Weisselberg arrives at the courtroom in New York Tuesday, Nov. 15, 2022. Donald Trump’s company was convicted of tax fraud on Tuesday, Dec. 6.

Prosecutors had to persuade jurors that Weisselberg or his subordinate, Senior Vice President and Controller Jeffrey McConney, were “high management” agents acting on behalf of the firm.

And that the corporation also benefited from his fraud in order to convict the Trump Organization.

Throughout the month-long trial, the Trump Organization’s attorneys kept repeating the phrase “Weisselberg did it for Weisselberg.”

They argued that the executive had turned against the corporation and betrayed its confidence. They claimed that no one in the Trump family or the business was at fault.

Susan Necheles, a corporate lawyer, reiterated that claim following the verdict on Tuesday.

“Why would an organization whose owner was unaware of Allen Weisselberg’s tax filings be legally charged for Weisselberg’s private actions, over which they had no control or knowledge?

This case was unusual and unfounded in law,” she argued.

Weisselberg attempted to assume blame on the witness stand even though he was testifying for the prosecution, claiming that no one in the Trump family understood what he was doing.

Weisselberg testified, visibly upset, saying, “It was my selfishness that led to this.”

Although he and the company’s attorneys have disputed it, Manhattan prosecutors claimed the former president “knew exactly what was going on” with the scam.

Former President Donald Trump Organization Convicted Of Criminal Tax Fraud

Prosecutor Susan Hoffinger, right, leaves the courtroom during jury deliberation in the Trump Organization’s tax fraud case, Tuesday, Dec. 6, 2022, in New York. (AP Photo/Julia Nikhinson)

Weisselberg stated that he and McConney planned to conceal that additional compensation from his income by deducting their cost from his pre-tax salary and issuing forged W-2 forms.

Weisselberg pleaded guilty to evading taxes on $1.7 million in fringe benefits.

During his closing remarks, Prosecutor Joshua Steinglass tried to disprove the assertion that Trump was unaware of the conspiracy.

A lease that Trump signed for Weisselberg’s rent-free apartment and a statement that Trump initialed approving a pay drop for another employee who received benefits were both displayed before the jury.

Steinglass asserted that “Mr. Trump is endorsing tax fraud.”

Former President Donald Trump's Company Convicted Of Criminal Tax Fraud

Trump’s conflict with Bragg, a Democrat who took office in January, is not resolved by the ruling.

A related investigation of the former president, which was started under the previous district attorney, Cyrus Vance Jr., has been described as “active and ongoing” by the attorney general.

Investigators have looked into whether Trump deceived banks and others about the value of his real estate holdings, golf courses, and other assets as part of that extensive investigation.

These allegations are at the center of a current lawsuit by New York Attorney General Letitia James against the former president and his company.

When Trump’s allies paid two women who allegedly had sex with the Republican years ago, the district attorney’s office looked into whether any state laws had been breached.

Vance instructed deputies to bring evidence to a grand jury for a potential indictment of Trump near the end of his tenure last year.

But soon after taking office, Bragg allowed that grand jury to disband so he could reexamine the situation.

On Monday, he reiterated that the probe was still ongoing by confirming that a new lead prosecutor had been appointed.

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Trudeau’s Gun Grab Could Cost Taxpayers a Whopping $7 Billion

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Trudeau's Gun Grab
Trudeau plans to purchase 2,063 firearm from legal gun owners in Canada - Rebel News Image

A recent report indicates that since Trudeau’s announcement of his gun buyback program four years ago, almost none of the banned firearms have been surrendered.

The federal government plans to purchase 2,063 firearm models from retailers following the enactment of Bill C-21, which amends various Acts and introduces certain consequential changes related to firearms. It was granted royal assent on December 15 of last year.

This ban immediately criminalized the actions of federally-licensed firearms owners regarding the purchase, sale, transportation, importation, exportation, or use of hundreds of thousands of rifles and shotguns that were previously legal.

The gun ban focused on what it termed ‘assault-style weapons,’ which are, in reality, traditional semi-automatic rifles and shotguns that have enjoyed popularity among hunters and sport shooters for over a century.

In May 2020, the federal government enacted an Order-in-Council that prohibited 1,500 types of “assault-style” firearms and outlined specific components of the newly banned firearms. Property owners must adhere to the law by October 2023.

Trudeau’s Buyback Hasn’t Happened

“In the announcement regarding the ban, the prime minister stated that the government would seize the prohibited firearms, assuring that their lawful owners would be ‘grandfathered’ or compensated fairly.” “That hasn’t happened,” criminologist Gary Mauser told Rebel News.

Mauser projected expenses ranging from $2.6 billion to $6.7 billion. The figure reflects the compensation costs amounting to $756 million, as outlined by the Parliamentary Budget Office (PBO).

“The projected expenses for gathering the illegal firearms are estimated to range from $1.6 billion to $7 billion.” “This range estimate increases to between $2.647 billion and $7 billion when compensation costs to owners are factored in,” Mauser stated.

Figures requested by Conservative MP Shannon Stubbs concerning firearms prohibited due to the May 1, 2020 Order In Council reveal that $72 million has been allocated to the firearm “buyback” program, yet not a single firearm has been confiscated to date.

In a recent revelation, Public Safety Canada disclosed that the federal government allocated a staggering $41,094,556, as prompted by an order paper question from Conservative Senator Don Plett last September, yet yielded no tangible outcomes.

An internal memo from late 2019 revealed that the Liberals projected their politically motivated harassment would incur a cost of $1.8 billion.

Enforcement efforts Questioned

By December 2023, estimates from TheGunBlog.ca indicate that the Liberals and RCMP had incurred or were responsible for approximately $30 million in personnel expenses related to the enforcement efforts. The union representing the police service previously stated that the effort to confiscate firearms is a “misdirected effort” aimed at ensuring public safety.

“This action diverts crucial personnel, resources, and funding from tackling the more pressing and escalating issue of criminal use of illegal firearms,” stated the National Police Federation (NPF).

The Canadian Sporting Arms & Ammunition Association (CSAAA), representing firearms retailers, has stated it will have “zero involvement” in the confiscation of these firearms. Even Canada Post held back from providing assistance due to safety concerns.

The consultant previously assessed that retailers are sitting on almost $1 billion worth of inventory that cannot be sold or returned to suppliers because of the Order-In-Council.

“Despite the ongoing confusion surrounding the ban, after four years, we ought to be able to address one crucial question.” Has the prohibition enhanced safety for Canadians? Mauser asks.

Illegally Obtained Firearms are the Problem

Statistics Canada reports a 10% increase in firearm-related violent crime between 2020 and 2022, rising from 12,614 incidents to 13,937 incidents. In that timeframe, the incidence of firearm-related violent crime increased from 33.7 incidents per 100,000 population in 2021 to 36.7 incidents the subsequent year.

“This marks the highest rate documented since the collection of comparable data began in 2009,” the criminologist explains.

Supplementary DataData indicates that firearm homicides have risen since 2020. “The issue lies not with lawfully-held firearms,” Mauser stated.

Firearms that have been banned under the Order-in-Council continue to be securely stored in the safes of their lawful owners. The individuals underwent a thorough vetting process by the RCMP and are subject to nightly monitoring to ensure there are no infractions that could pose a risk to public safety.

“The firearms involved in homicides were seldom legally owned weapons wielded by their rightful owners,” Mauser continues. The number of offenses linked to organized crime has surged from 4,810 in 2016 to a staggering 13,056 in 2020.

“If those in power … aim to diminish crime and enhance public safety, they ought to implement strategies that effectively focus on offenders and utilize our limited tax resources judiciously to reach these objectives,” he stated.

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Google’s Search Dominance Is Unwinding, But Still Accounting 48% Search Revenue

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Google is so closely associated with its key product that its name is a verb that signifies “search.” However, Google’s dominance in that sector is dwindling.

According to eMarketer, Google will lose control of the US search industry for the first time in decades next year.

Google will remain the dominant search player, accounting for 48% of American search advertising revenue. And, remarkably, Google is still increasing its sales in the field, despite being the dominating player in search since the early days of the George W. Bush administration. However, Amazon is growing at a quicker rate.

google

Google’s Search Dominance Is Unwinding

Amazon will hold over a quarter of US search ad dollars next year, rising to 27% by 2026, while Google will fall even more, according to eMarketer.

The Wall Street Journal was first to report on the forecast.

Lest you think you’ll have to switch to Bing or Yahoo, this isn’t the end of Google or anything really near.

Google is the fourth-most valued public firm in the world. Its market worth is $2.1 trillion, trailing just Apple, Microsoft, and the AI chip darling Nvidia. It also maintains its dominance in other industries, such as display advertisements, where it dominates alongside Facebook’s parent firm Meta, and video ads on YouTube.

To put those “other” firms in context, each is worth more than Delta Air Lines’ total market value. So, yeah, Google is not going anywhere.

Nonetheless, Google faces numerous dangers to its operations, particularly from antitrust regulators.

On Monday, a federal judge in San Francisco ruled that Google must open up its Google Play Store to competitors, dealing a significant blow to the firm in its long-running battle with Fortnite creator Epic Games. Google announced that it would appeal the verdict.

In August, a federal judge ruled that Google has an illegal monopoly on search. That verdict could lead to the dissolution of the company’s search operation. Another antitrust lawsuit filed last month accuses Google of abusing its dominance in the online advertising business.

Meanwhile, European regulators have compelled Google to follow tough new standards, which have resulted in multiple $1 billion-plus fines.

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Pixa Bay

Google’s Search Dominance Is Unwinding

On top of that, the marketplace is becoming more difficult on its own.

TikTok, the fastest-growing social network, is expanding into the search market. And Amazon has accomplished something few other digital titans have done to date: it has established a habit.

When you want to buy anything, you usually go to Amazon, not Google. Amazon then buys adverts to push companies’ products to the top of your search results, increasing sales and earning Amazon a greater portion of the revenue. According to eMarketer, it is expected to generate $27.8 billion in search revenue in the United States next year, trailing only Google’s $62.9 billion total.

And then there’s AI, the technology that (supposedly) will change everything.

Why search in stilted language for “kendall jenner why bad bunny breakup” or “police moving violation driver rights no stop sign” when you can just ask OpenAI’s ChatGPT, “What’s going on with Kendall Jenner and Bad Bunny?” in “I need help fighting a moving violation involving a stop sign that wasn’t visible.” Google is working on exactly this technology with its Gemini product, but its success is far from guaranteed, especially with Apple collaborating with OpenAI and other businesses rapidly joining the market.

A Google spokeswoman referred to a blog post from last week in which the company unveiled ads in its AI overviews (the AI-generated text that appears at the top of search results). It’s Google’s way of expressing its ability to profit on a changing marketplace while retaining its business, even as its consumers steadily transition to ask-and-answer AI and away from search.

google

Google has long used a single catchphrase to defend itself against opponents who claim it is a monopoly abusing its power: competition is only a click away. Until recently, that seemed comically obtuse. Really? We are going to switch to Bing? Or Duck Duck Go? Give me a break.

But today, it feels more like reality.

Google is in no danger of disappearing. However, every highly dominating company faces some type of reckoning over time. GE, a Dow mainstay for more than a century, was broken up last year and is now a shell of its previous dominance. Sears declared bankruptcy in 2022 and is virtually out of business. US Steel, long the foundation of American manufacturing, is attempting to sell itself to a Japanese corporation.

Could we remember Google in the same way that we remember Yahoo or Ask Jeeves in decades? These next few years could be significant.

SOURCE | CNN

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The Supreme Court Turns Down Biden’s Government Appeal in a Texas Emergency Abortion Matter.

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(VOR News) – A ruling that prohibits emergency abortions that contravene the Supreme Court law in the state of Texas, which has one of the most stringent abortion restrictions in the country, has been upheld by the Supreme Court of the United States. The United States Supreme Court upheld this decision.

The justices did not provide any specifics regarding the underlying reasons for their decision to uphold an order from a lower court that declared hospitals cannot be legally obligated to administer abortions if doing so would violate the law in the state of Texas.

Institutions are not required to perform abortions, as stipulated in the decree. The common populace did not investigate any opposing viewpoints. The decision was made just weeks before a presidential election that brought abortion to the forefront of the political agenda.

This decision follows the 2022 Supreme Court ruling that ended abortion nationwide.

In response to a request from the administration of Vice President Joe Biden to overturn the lower court’s decision, the justices expressed their disapproval.

The government contends that hospitals are obligated to perform abortions in compliance with federal legislation when the health or life of an expectant patient is in an exceedingly precarious condition.

This is the case in regions where the procedure is prohibited. The difficulty hospitals in Texas and other states are experiencing in determining whether or not routine care could be in violation of stringent state laws that prohibit abortion has resulted in an increase in the number of complaints concerning pregnant women who are experiencing medical distress being turned away from emergency rooms.

The administration cited the Supreme Court’s ruling in a case that bore a striking resemblance to the one that was presented to it in Idaho at the beginning of the year. The justices took a limited decision in that case to allow the continuation of emergency abortions without interruption while a lawsuit was still being heard.

In contrast, Texas has been a vocal proponent of the injunction’s continued enforcement. Texas has argued that its circumstances are distinct from those of Idaho, as the state does have an exemption for situations that pose a significant hazard to the health of an expectant patient.

According to the state, the discrepancy is the result of this exemption. The state of Idaho had a provision that safeguarded a woman’s life when the issue was first broached; however, it did not include protection for her health.

Certified medical practitioners are not obligated to wait until a woman’s life is in imminent peril before they are legally permitted to perform an abortion, as determined by the state supreme court.

The state of Texas highlighted this to the Supreme Court.

Nevertheless, medical professionals have criticized the Texas statute as being perilously ambiguous, and a medical board has declined to provide a list of all the disorders that are eligible for an exception. Furthermore, the statute has been criticized for its hazardous ambiguity.

For an extended period, termination of pregnancies has been a standard procedure in medical treatment for individuals who have been experiencing significant issues. It is implemented in this manner to prevent catastrophic outcomes, such as sepsis, organ failure, and other severe scenarios.

Nevertheless, medical professionals and hospitals in Texas and other states with strict abortion laws have noted that it is uncertain whether or not these terminations could be in violation of abortion prohibitions that include the possibility of a prison sentence. This is the case in regions where abortion prohibitions are exceedingly restrictive.

Following the Supreme Court’s decision to overturn Roe v. Wade, which resulted in restrictions on the rights of women to have abortions in several Republican-ruled states, the Texas case was revisited in 2022.

As per the orders that were disclosed by the administration of Vice President Joe Biden, hospitals are still required to provide abortions in cases that are classified as dire emergency.

As stipulated in a piece of health care legislation, the majority of hospitals are obligated to provide medical assistance to patients who are experiencing medical distress. This is in accordance with the law.

The state of Texas maintained that hospitals should not be obligated to provide abortions throughout the litigation, as doing so would violate the state’s constitutional prohibition on abortions. In its January judgment, the 5th United States Circuit Court of Appeals concurred with the state and acknowledged that the administration had exceeded its authority.

SOURCE: AP

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