NY's AG has called for a $5,600,000 fine against the Trump Foundation for allegedly spending charity money on Trump’s personal, business and campaign costs. The penalty would be in addition to $2,800,000 in restitution for misuse of charity funds.
.6 million fine against the Trump Foundation for allegedly spending tax-free charity money on Donald Trump’s personal, business and campaign costs.
Trump, daughter Ivanka and sons Eric and Donald Jr. agreed to dissolve the controversial foundation late last year after the attorney general’s office filed suit against the charity. The Trumps also granted the AG’s office oversight of disbursement of the remaining $1.7 million in charity funds. “In this vacuum of oversight and diligence, Mr. Trump caused the foundation to enter repeatedly into self-dealing transactions and to coordinate unlawfully with his presidential campaign,” James said.
According to the lawsuit, among several examples of illegal use of charity funds by Trump was a $100,000 payment to settle legal claims for an 80-foot flagpole at Mar-a-Lago. Trump reportedly spent $10,000 in charity funds on a 6-foot portrait of himself that he hung at his golf resort in Doral, Florida. The charity also paid a $25,000 contribution in 2013 to help to re-elect Florida Attorney General Pam Bondi, who later decided against filing a lawsuit for fraud against Trump University.
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