https://www.theguardian.com/us-news/...inquiry-latest
A judge in New York orders President Donald Trump to pay $2 million for misusing his charitable foundation, the AP reports.
In December 2018, a second New York judge signed off on a deal to shut down Trump’s personal charity after a lawsuit exposed a “shocking pattern of illegality”.
Trump had used the charity to pay off legal settlements within his business and even to buy a painting of himself to hang in one of his golf clubs.
From a press release from the New York attorney general:
"The award is part of Attorney General James’ lawsuit against the Donald J. Trump Foundation and its directors — Mr. Trump, Donald Trump Jr., Ivanka Trump, and Eric Trump...
"Chiefly, Mr. Trump admits to personally misusing funds at the Trump Foundation, and agrees to restrictions on future charitable service and ongoing reporting to the Office of the Attorney General in the event he creates a new charity. The settlements also include mandatory training requirements for Donald Trump Jr., Ivanka Trump, and Eric Trump. Finally, the settlements name the charities that will receive the remaining assets of the Trump Foundation as part of its dissolution.
“The Trump Foundation has shut down, funds that were illegally misused are being restored, the president will be subject to ongoing supervision by my office, and the Trump children had to undergo compulsory training to ensure this type of illegal activity never takes place again,” said Attorney General James.
“The court’s decision, together with the settlements we negotiated, are a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain. My office will continue to fight for accountability because no one is above the law — not a businessman, not a candidate for office, and not even the President of the United States.”
Originally Posted by jon1959
https://www.theguardian.com/us-news/...inquiry-latest
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