This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/us-news/2019/nov/07/donald-trump-charity-foundation-misuse-lawsuit
The article has changed 4 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Donald Trump fined $2m for misusing charity for political ends | Donald Trump fined $2m for misusing charity for political ends |
(32 minutes later) | |
New York judge also signed off on agreement to close the Trump Foundation and distribute $1.7m remaining funds to not-for-profits | New York judge also signed off on agreement to close the Trump Foundation and distribute $1.7m remaining funds to not-for-profits |
A New York judge has ordered Donald Trump to pay $2m to settle a lawsuit alleging he misused his charitable foundation to further his political and business interests. | A New York judge has ordered Donald Trump to pay $2m to settle a lawsuit alleging he misused his charitable foundation to further his political and business interests. |
Judge Saliann Scarpulla also signed off on an agreement on Thursday to close the Trump Foundation and distribute about $1.7m in remaining funds to other not-for-profit groups. | Judge Saliann Scarpulla also signed off on an agreement on Thursday to close the Trump Foundation and distribute about $1.7m in remaining funds to other not-for-profit groups. |
In the agreements, Trump admitted to personally misusing Trump Foundation funds and agreed to pay back $11,525 in the organization’s funds he spent on sports memorabilia and champagne at a charity gala. He also agreed to restrictions on his involvement in other charitable organizations. | |
New York’s attorney general filed a lawsuit last year alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign. | New York’s attorney general filed a lawsuit last year alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign. |
The attorney general, Letitia James, had been seeking about $2.8m in restitution from the president. Scarpulla cut that amount to $2m. | The attorney general, Letitia James, had been seeking about $2.8m in restitution from the president. Scarpulla cut that amount to $2m. |
James heralded the resolution of the case as a “major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain”. | |
“No one is above the law not a businessman, not a candidate for office, and not even the president of the United States,” said James, a Democrat. | |
Foundation lawyers have previously said the lawsuit was politically motivated. | Foundation lawyers have previously said the lawsuit was politically motivated. |
A Trump Foundation spokesperson said in a statement: “Now that this matter is concluded, the Trump Foundation is proud to make this additional contribution.” |