Trump Ordered to Pay $2 Million to Charities for Misuse of Foundation
Nov 8, 2019 06:52:04 #
"The president admitted he had used funds raised by the Donald J. Trump Foundation to promote his campaign and pay business debts.
Among Mr. Trump’s admissions in court papers:
The charity gave his campaign complete control over disbursing the $2.8 million that the foundation had raised at a fund-raiser for veterans in Iowa in January 2016, only days before the state’s p**********l nominating caucuses.
The fund-raiser, he acknowledged, was in fact a campaign event. "
https://www.foxbusiness.com/money/judge-orders-trump-to-pay-2m-for-charity-foundation-misuse
Among Mr. Trump’s admissions in court papers:
The charity gave his campaign complete control over disbursing the $2.8 million that the foundation had raised at a fund-raiser for veterans in Iowa in January 2016, only days before the state’s p**********l nominating caucuses.
The fund-raiser, he acknowledged, was in fact a campaign event. "
https://www.foxbusiness.com/money/judge-orders-trump-to-pay-2m-for-charity-foundation-misuse
Nov 8, 2019 06:52:42 #
“In a statement Tuesday, Underwood cited "a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump p**********l campaign, repeated and willful self-dealing, and much more."
The foundation operated as "little more than a checkbook to serve Mr. Trump's business and political interests," she said.
Trump was also accused of directing that $100,000 in foundation money be used to settle legal claims over an 80-foot f**gpole he had built at his Mar-a-Lago resort in Palm Beach, Florida, instead of paying the expense out of his own pocket.
In addition, the foundation paid $158,000 to resolve a lawsuit over a prize for a hole-in-one contest at a Trump-owned golf course; $10,000 to buy a 6-foot (1.8-meter) portrait of Trump at a charity auction; and $5,000 for ads promoting Trump's hotels in the programs for charitable events.”
https://www.foxbusiness.com/markets/trump-foundation-reaches-deal-to-dissolve-amid-lawsuit
The foundation operated as "little more than a checkbook to serve Mr. Trump's business and political interests," she said.
Trump was also accused of directing that $100,000 in foundation money be used to settle legal claims over an 80-foot f**gpole he had built at his Mar-a-Lago resort in Palm Beach, Florida, instead of paying the expense out of his own pocket.
In addition, the foundation paid $158,000 to resolve a lawsuit over a prize for a hole-in-one contest at a Trump-owned golf course; $10,000 to buy a 6-foot (1.8-meter) portrait of Trump at a charity auction; and $5,000 for ads promoting Trump's hotels in the programs for charitable events.”
https://www.foxbusiness.com/markets/trump-foundation-reaches-deal-to-dissolve-amid-lawsuit
Nov 8, 2019 07:43:50 #
gorgehiker
Loc: Lexington, Ky
I can't wait to see how the Trump cult members defend their fraudulent leader on this story.
Nov 8, 2019 07:49:14 #
gorgehiker wrote:
I can't wait to see how the Trump cult members defend their fraudulent leader on this story.
They will say that it happens every day—and then they will deflect to the Clintons.
Nov 8, 2019 08:21:56 #
Why would a billionaire have to steal money that was donated to help veterans?
Nov 8, 2019 08:24:44 #
BigWahoo wrote:
Why would a billionaire have to steal money that was donated to help veterans?
It involves a mentality that most of us never experience,
The epitome of greed.
Nov 8, 2019 10:09:40 #
BigWahoo wrote:
Why would a billionaire have to steal money that was donated to help veterans?
Ever worked with or for the rich? They can never have enough money.
Nov 8, 2019 10:13:34 #
thom w
Loc: San Jose, CA
Rose42 wrote:
Ever worked with or for the rich? They can never have enough money.
That's probably as accurate as any other generalization of that magnitude, which is to say "not accurate".
Trump is not your average rich person. There are several people worth 10 times or more what Trump is who aren't anywhere near so needy.
what will those who like to claim Trump is such a great businessman say if Trump is standing on stage next to Bloomberg?
Nov 10, 2019 22:02:44 #
thom w wrote:
That's probably as accurate as any other generalization of that magnitude, which is to say "not accurate".
Trump is not your average rich person. There are several people worth 10 times or more what Trump is who aren't anywhere near so needy.
what will those who like to claim Trump is such a great businessman say if Trump is standing on stage next to Bloomberg?
Trump is not your average rich person. There are several people worth 10 times or more what Trump is who aren't anywhere near so needy.
what will those who like to claim Trump is such a great businessman say if Trump is standing on stage next to Bloomberg?
That tells me you’ve never had much contact with the rich.
I never said anything about Trump. Just that the rich want more money. And that is accurate.
Nov 10, 2019 22:23:23 #
BigWahoo wrote:
"The president admitted he had used funds rai... (show quote)
LOL You are such a sneaky pathological liar, where in the link YOU provided did it say "The president admitted he had used funds raised by the Donald J. Trump Foundation to promote his campaign and pay business debts."? Also, why are you only posting exerts of the other link that fits your narrative?
Nov 10, 2019 22:27:56 #
BigWahoo wrote:
“In a statement Tuesday, Underwood cited "a s... (show quote)
President Donald Trump's charitable foundation reached a deal Tuesday to go out of business, even as Trump continues to fight allegations he misused its assets to resolve business disputes and boost his run for the White House.
New York's attorney general and lawyers for the Trump Foundation agreed on a court-supervised process for shutting down the charity and distributing about $1.7 million in remaining funds to other nonprofit groups.
The agreement resolved one part of the legal drama surrounding Trump, whose campaign, t***sition, inauguration and real estate empire are all under investigation.
Attorney General Barbara Underwood's lawsuit alleging Trump and his family illegally operated the foundation as an extension of his businesses and his p**********l campaign will continue.
The lawsuit, filed last spring, seeks $2.8 million in restitution and a 10-year ban on Trump and his three eldest children — Donald Jr., Eric and Ivanka — from running any charities in New York.
In a statement Tuesday, Underwood cited "a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump p**********l campaign, repeated and willful self-dealing, and much more."
The foundation operated as "little more than a checkbook to serve Mr. Trump's business and political interests," she said.
Lawyers for the foundation have said any infractions were minor.
Trump pledged to dissolve the three-decade-old foundation and donate its funds to charity after his 2016 e******n, but that was only after it found itself under investigation in New York state. The attorney general's office said it would have been "unacceptable" to let the foundation fold without close supervision from a judge.
Trump Foundation lawyer Alan Futerfas said the nonprofit has distributed approximately $19 million over the past decade, including $8.25 million of the president's own money, to hundreds of charitable organizations.
The agreement was reached after a New York judge last month rejected arguments from the foundation's lawyers that the lawsuit was politically motivated and should be thrown out.
Once the judge approves the deal to dissolve the charity, the two sides will have 30 days to provide her with a list of nonprofit organizations that should get the remaining funds. Each charity will get the same amount, and the attorney general's office will have the right to reject ones it deems unfit to receive funds.
In her lawsuit, Underwood alleged that Trump used the foundation to help bolster his campaign by giving out big grants of other's people money to veterans organizations during the run-up to the Iowa caucuses, the first p**********l nominating contest of 2016.
Trump was also accused of directing that $100,000 in foundation money be used to settle legal claims over an 80-foot f**gpole he had built at his Mar-a-Lago resort in Palm Beach, Florida, instead of paying the expense out of his own pocket.
In addition, the foundation paid $158,000 to resolve a lawsuit over a prize for a hole-in-one contest at a Trump-owned golf course; $10,000 to buy a 6-foot (1.8-meter) portrait of Trump at a charity auction; and $5,000 for ads promoting Trump's hotels in the programs for charitable events.
Underwood sued the Trump Foundation after taking over for fellow Democrat Eric Schneiderman, who resigned in May amid allegations he abused women. Schneiderman started investigating the foundation in 2016 and ordered it to stop fundraising in New York after The Washington Post reported that some of its spending personally benefited the p**********l candidate.
Underwood has referred her office's findings to the IRS and the Federal E******n Commission. Those agencies have not commented on the matter.
Nov 11, 2019 22:43:12 #
The response from Trump supporters has been deafening. Can you imagine being so evil that you aren't even allowed to run a charitable corporation?
Nov 12, 2019 01:07:43 #
Nov 12, 2019 01:34:00 #
BigWahoo wrote:
"The president admitted he had used funds rai... (show quote)
A drop in the bucket for him. Think about it. He was scouting, and it didn't pan out. Too bad, so sad. He paid it.
NOT IMPEACHABLE.... Next?
Nov 12, 2019 01:43:10 #
His standard method of operation is ---
He does not understand RIGHT from WRONG ---
He only understands what's RIGHT for TRUMP
That of course includes the Country he represents
He does not understand RIGHT from WRONG ---
He only understands what's RIGHT for TRUMP
That of course includes the Country he represents
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