Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Yo_Mama_Been_Loggin

(107,972 posts)
Tue Dec 18, 2018, 09:04 PM Dec 2018

The Notably Corrupt Trump Foundation Is Forced to Shut Down

President Trump’s sham charity, the Trump Foundation, has agreed to dissolve as it contends with a lawsuit filed by the New York attorney general’s office earlier this year. The dissolution will take place under judicial supervision, and the attorney general will review and approve how its remaining assets are dispersed. “Our petition detailed 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,” Barbara Underwood, the state’s interim attorney general, wrote in a statement. “This amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump’s business and political interests.”




The lawsuit, which followed a two-year investigation and charged the foundation with a host of illegal activities, will proceed despite the foundation no longer existing. Trump’s attorneys have tried to argue that the lawsuit was politically motivated, but last month a judge ruled that it could continue. Now that the foundation will be dissolved, the state will seek $2.8 million in restitution, additional penalties and a ban on Trump and Donald Trump Jr., Eric Trump and Ivanka Trump from serving on the board of any other New York-based non-profit. “This is an important victory for the rule of law, making clear that there is one set of rules for everyone,” Underwood continued. “We’ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held to account for their clear and repeated violations of state and federal law.”

The Trump Foundation has been under intense scrutiny since Trump announced he would seek the presidency. Washington Post reporter David Fahrenthold uncovered so much corruption in the charity that he won a Pulitzer Prize for his work in 2017. His pieces covered Trump using his foundation to do everything from pay off his own legal debts, to purchase a six-foot-tall portrait of himself for $20,000.

After the attorney general’s office announced that the foundation had agreed to dissolve on Tuesday, Fahrenthold reminded his Twitter followers of the extraordinary breadth of how Trump used his supposed charity. In 1989, he used it to pay the $7 Boy Scout admission fee for Donald Jr. Its largest gift was over a quarter of a million dollars to renovate a fountain outside of Trump’s Plaza Hotel.




https://www.rollingstone.com/politics/politics-news/trump-foundation-shut-down-770607/
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Notably Corrupt Trump Foundation Is Forced to Shut Down (Original Post) Yo_Mama_Been_Loggin Dec 2018 OP
The same group that Crutchez_CuiBono Dec 2018 #1
Trump trashes everything and everyone that comes near him nt doc03 Dec 2018 #2
The notably Infamous traitortrump foundation Cha Dec 2018 #3

Crutchez_CuiBono

(7,725 posts)
1. The same group that
Tue Dec 18, 2018, 09:12 PM
Dec 2018

shamed the globally appreciated, Clinton Foundation etc.
At this point, it's easier to just say when don ivan DIDNT lie, and I can't think of any examples.

Latest Discussions»General Discussion»The Notably Corrupt Trump...