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babylonsister

(171,032 posts)
Thu Nov 7, 2019, 09:33 PM Nov 2019

Trump...Settles Lawsuit Against Trump Foundation That He Said He Wouldn't Settle


Trump Admits Misusing Charity Funds, Settles Lawsuit Against Trump Foundation That He Said He Wouldn’t Settle
by Colin Kalmbacher | 2:25 pm, November 7th, 2019


President Donald Trump must personally pay $2 million in fines because he illegally used his charity to benefit his 2016 candidacy. A state judge in New York delivered the judgment on Thursday afternoon. The judicially-assessed penalty must be paid to a number of nonprofit organizations in the Empire State.

A press release from New York Attorney General Letitia James notes the general contours of the settlement:

[James] announced that her office entered into multiple stipulations with the Trump Foundation and its directors to resolve the remaining claims in the lawsuit. 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.


The judge’s order ends multiple pending actions in the case that was originally filed in June 2018–and also puts to bed a prior statement of defiance made by the 45th president.

“The sleazy New York Democrats, and their now disgraced (and run out of town) A.G. Eric Schneiderman, are doing everything they can to sue me on a foundation that took in $18,800,000 and gave out to charity more money than it took in, $19,200,000,” Trump tweeted on the day charges were filed by then-New York attorney general Barbara Underwood. “I won’t settle this case!”


The case is now settled–but for an amount substantially lower than New York State authorities had initially hoped and requested.

more...

https://lawandcrime.com/high-profile/trump-admits-misusing-charity-funds-settles-lawsuit-against-trump-foundation-that-he-said-he-wouldnt-settle/?fbclid=IwAR3OQZg98Yu0_gR5CUSOlWH4Dq6aW_ppCspjNhhoL_tkb_PzNudT4unGqFg
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Trump...Settles Lawsuit Against Trump Foundation That He Said He Wouldn't Settle (Original Post) babylonsister Nov 2019 OP
He's a con man. No shocker here. nt OAITW r.2.0 Nov 2019 #1
He always says he'll never settle but he frequently does anyway. Total phony! NCLefty Nov 2019 #2
This would end any other Precidency Johnny2X2X Nov 2019 #3
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