NY AG: Trump can’t dissolve the Foundation in the investigation

Donald Trump said ahead with his plan to dismantle its non-profit Foundation, because the state of probing lawyers, if the President-elect, personally benefited from his spending, the New York attorney general’s office, on Tuesday.

“The trump Foundation is still under investigation by the office, and not be able to legally dissolve until the investigation is completed,” said Amy hospital nick, spokeswoman for the state attorney General Eric Schneiderman.

The statement came after Trump announced he wanted to dissolve, the Donald J. Trump Foundation, which is part of what the team says his presidential transition, is an attempt to delete all of the potential conflicts of interest before he takes office Jan. 20.

But the Foundation of the interior life, was the subject of Schneiderman’s investigation for months and could remain a touchy subject for Trump in the coming government. Democrats nationally have said they are willing to raise any legal or ethical issues of Trump, the global business Empire during his presidency.

Trump’s charity has admitted that it violated IRS regulations apart from the use of their funds or assets to Trump, his family, his company, or substantial contributor to the Foundation.

The losses through the Donald J. Trump Foundation have been made in the 2015 tax returns to the public after a presidential election, it was revealed that Trump has used to pay the charity claims, you make a $25,000 political donation and the purchase of goods, for example, an image of himself that was displayed at one of his properties.

2015 submission of the tax Declaration, monitoring the website of GuideStar in the Nov has been posted on the nonprofit. 18 someone an E-Mail address, from the founding of the law firm of Morgan, Lewis & Bockius, said GuideStar spokeswoman Jackie enter line Fekeci.

In the tax registration, the Foundation acknowledged that it used money or assets in violation of the regulations, not only during 2015, but in the years before. But the submission of the tax Declaration does not provide details about the injuries.

Schneiderman, a Democrat, began his investigation in the next love after the reporting in The Washington Post drew attention to some of the foundation’s purchases.

Trump claimed on Twitter late Monday that his Foundation was run efficiently.

“The DJT Foundation, unlike most foundations, the tweeted never fees, rent, salaries or any costs paid,” the President-elect. “100% of the money charities goes wonderfully well.”

It was the last of several tweets from Trump, who spends the holiday week at his Mar-a-Lago property in Florida.

Earlier Monday, Trump the effectiveness of the United Nations, say doubted, it is just a club for people to “have a good time,” according to the U. N. security Council voted last week to condemn Israeli settlements in the West Bank and East Jerusalem,

And on Friday, Trump warned, “the U. N., things will be different after Jan. 20,” which he starts the day at the office.

The decision of the Obama administration, Friday’s U. N. Trump the vote aside claims that the United States make use of its veto right and a climax after years of icy relations with the Israeli leadership.

It was only a topic of trump, on Twitter on Monday. In an evening post, he wrote that he believes that his election as President grew the economy.

“The world was bleak before I won-there was no hope,” he tweeted. “Well, the market almost 10 per cent, and Christmas spending over a trillion dollars.”

Markets have since won the election trump, although not by much. The Standard & Poor ‘ s 500 is up 6 percent since election day, while the Dow has risen more than 8 percent.

As for the holiday, the auditing and the accounting firm Deloitte, the total of 2016 holiday sales forecast in September, is expected to more than 1 trillion dollars, the equivalent of a 3.6 per cent to 4.0 per cent rise in Christmas sales from November to January. But that can’t be credited to trump, because the projection came before the election.

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