Trump to shut down his phony charity

[RandySF]

Trump Foundation is going down according to the Washington Post on my phone.

[Tommy_Carcetti]

3. Thank you David Farenthold.

Washington Post reporter who diligently chronicled the fraud at the Trump Foundation. Won him a Pulitzer.

[PunkinPi]

4. Link to WaPo article...

https://www.washingtonpost.com/politics/trump-agrees-to-shut-down-his-charity-amid-allegations-he-used-it-for-personal-and-political-benefit/2018/12/18/dd3f5030-021b-11e9-9122-82e98f91ee6f_story.html?utm_term=.88490d2aa501

[herding cats]

5. Link here

President Trump has agreed to shut down his embattled personal charity amid allegations that he used it for his personal and political benefit and give away its remaining funds, the New York attorney general announced Tuesday.

New York Attorney General Barbara Underwood announced that the Donald J. Trump Foundation is dissolving as her office pursues its lawsuit against the charity, Trump and his three eldest children.

The attorney general’s suit, filed in June, alleged “persistently illegal conduct” at the charity and sought to have the foundation shut down. Underwood is continuing to seek more than $2.8 million in restitution and has asked a judge to ban the Trumps temporarily from serving on the boards of other New York nonprofits.

Underwood said Tuesday that her investigation found “a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more.”

https://www.washingtonpost.com/politics/trump-agrees-to-shut-down-his-charity-amid-allegations-he-used-it-for-personal-and-political-benefit/2018/12/18/dd3f5030-021b-11e9-9122-82e98f91ee6f_story.html?utm_term=.eece14059c71

[JustABozoOnThisBus]

6. What happens to any funds currently in the Foundation?

Does Trump keep the money, does he have to pay tax on it?

Or does the money have to be given to charities?

I'd read the article, but I hit a paywall at the link.

[flibbitygiblets]

8. give away its remaining funds, the New York attorney general announced Tuesday.

continuing to seek more than $2.8 million in restitution and has asked a judge to ban the Trumps temporarily from serving on the boards of other New York nonprofits

[Totally Tunsie]

9. Oh, that'll hurt. While the foundation was intact, they had another personal account to use.

Now they'll actually have to give the funds away, which they probably never planned on doing. Boo Hoo.

[flibbitygiblets]

10. Oh they'll still find a corrupt way to do it. Like paying off a porn star or something.

[Kingofalldems]

7. Here:

Link to tweet

[pwb]

11. Headline should say forced to shut down.

New York shut it down just like it will lock them up.

[Proud Liberal Dem]

12. Buh-Bye

Good riddance to at least one source of Trump family grift

[gratuitous]

13. Any word from Lord Littlehands?

Or will everyone tacitly agree to never speak of this unpleasant episode again?