Trump must pay $2 million over misuse of foundation funds
A New York judge has ruled that the US President Donald Trump must pay $2 million in damages to settle claims that the Trump Foundation misused funds.
Iran Press/America: The case is tied to a televised fundraiser for veterans held by Trump in Iowa when he was running for president in January 2016. Trump had said the funds raised would be distributed to charities. But according to court documents, the Trump Foundation improperly used $2.82 million it received from that fundraiser, NPR reported.
According to the judgment, that money "was used for Mr. Trump's political campaign and disbursed by Mr. Trump's campaign staff, rather than by the Foundation," which is unlawful. However, Justice Saliann Scarpulla says the funds did eventually reach charity organizations supporting veterans.
"The Trump Foundation has shut down, funds that were illegally misused are being restored, the president will be subject to ongoing supervision by my office, and the Trump children had to undergo compulsory training to ensure this type of illegal activity never takes place again," New York Attorney General Letitia James, whose office filed the case, said in a statement. "The court's decision, together with the settlements we negotiated, are a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain."
The Trump Foundation also agreed last month to distribute its $1.7 million in remaining assets to the same charities that will receive the $2 million in damages ordered on Thursday. According to the judgment, those charities are Army Emergency Relief, Children's Aid Society, Citymeals-on-Wheels, Give an Hour, Martha's Table, United Negro College Fund, United Way of National Capital Area, and US Holocaust Memorial Museum.
The Trump Foundation agreed to dissolve last December in the face of an investigation from then-New York Attorney General Barbara Underwood. She accused the foundation of a broad pattern of illegal activity, including improper political activities and "repeated and willful self-dealing transactions."