This is getting completely lost in the news cycle and in any other presidency would be an absolutely earth shattering scandal.
The Trump Foundation has millions of dollars of misspent funds, self dealing, self enrichment and settlement of personal lawsuits with foundation funds that came from 3rd parties. He and his kids are in violation of state and federal laws including tax laws. The AG is asking for $2.8 million and a 10 year ban on Trump working on charity boards. The findings have also been sent to the IRS for possible federal criminal prosecution.
http://www.nydailynews.com/news/politics/ny-pol-trump-foundation-president-eric-ivanka-donald-jr-underwood-20180614-story.htmlA bombshell civil lawsuit filed Thursday — President Trump’s 72nd birthday — accuses the commander-in-chief and his three oldest children of operating a bogus namesake charity “in persistent violation” of federal and state laws for more than a decade.
The misdeeds included $2.8 million spent to promote Trump’s presidential campaign, along with supposed charitable funds used instead to “pay off the legal obligations of entities (Trump) controlled, to promote Trump hotels, (and) to purchase personal items,” the lawsuit charged.
The suit, filed by state Attorney General Barbara Underwood in Manhattan Supreme Court, alleged the Donald J. Trump Foundation funneled its cash into Trump’s personal dealings rather than assisting those less fortunate as part of its “pattern of illegal conduct.”
The state wants restitution for the $2.8 million in misspent money along with additional penalties, including a 10-year ban on Trump running a not-for-profit organization.
“As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his businesses to nonprofits, regardless of their purpose or legality,” Underwood said. “This is not how private foundations should function, and my office intends to hold the foundation and its directors accountable for its misuse of charitable assets.”
The court filing specifically accused Trump, along with daughter Ivanka and sons Donald Jr. and Eric, of “improper and extensive political activity, repeated and willful self-dealing transactions, and failure to follow basic fiduciary obligations.”
Underwood also notified the Internal Revenue Service and the Federal Election Commission about possible federal law-breaking by the Trumps that falls into their bailiwick.
