nearvideo trump Foundation to dissolve, under court supervision
Charity organization founded by the trump family to shut down amid allegations of illegal coordination with the campaign, and false charity.
The Donald J. Trump Foundation to resolve “judicial supervision is agreed”, on Tuesday, to use as part of the New York State attorney general’s lawsuit against alleged illegal behavior and “illegal political coordination” President Trump’s personal and business interests.
Attorney General Barbara Underwood brought the lawsuit against the Foundation in June, after a months-long investigation led by the disgraced former New York attorney General Eric Schneiderman.
On Tuesday, Underwood announced that, after a court decision in favor of the attorney General, the Foundation “signed a determination” to solve the approval, to approved the distribution of the remaining charitable assets of the Foundation “reputable organizations” through your office.
“Our petition detailed a shocking pattern of illegality with the trump Foundation – also of illegal coordination with the trump-presidential-campaign, the repeated and willful self-dealing, and much more,” Underwood said in a statement Tuesday. “The trump Foundation functioning achieved as little more than a checkbook to serve, Mr Trump’s business and political interests.”
NEW YORK AG FILES LAWSUIT AGAINST TRUMP FOUNDATION FOR THE ALLEGED ‘ILLEGAL BEHAVIOR’; TRUMP SAYS HE DOES NOT ‘SETTLE’
She added: “This is an important victory for the rule of law, makes it clear that there is a set of rules for all. We will continue our suit to the front, to ensure that the Trump Foundation and their Directors are held accountable for their clear and repeated violations of Federal and state law.”
The lawsuit alleges that Trump used to repay the Foundation is the charitable assets to promote its legal obligations, Trump hotel, the brand and the company, and for the purchase of personal items. The suit also claims that the Foundation is “illegal extensive support for his 2016 presidential campaign by the use of the trump Foundation’s name and the Fund to promote the of the public, his campaign for the presidency.”
The lawsuit calls for a ban on President Trump from future service as a Director of a New York non-profit for 10 years, and forbade his sons Eric and Donald Jr., and his daughter Ivanka, from the service for a year.
In a statement to Fox News”, the Trump organization lawyer Alan Futerfas said were sought by the Foundation to shut down, since Trump was selected.
“In contrast to the NYAG misleading statement earlier today, the Foundation seeks to dissolve and distribute its remaining assets for charitable charitable purposes since Donald J. Trump’s victory in the 2016 presidential elections,” Futerfas said in a statement to Fox News. To prevent “unfortunately, the NYAG was seeking resolution for almost two years, and in the process deprive those most in need, nearly $1.7 million. In the past ten years, the Foundation is proud to have distributed approximately $19 million, including $8.25 million, the President’s personal money, to over 700 non-profit organizations with practically zero cost. The NYAG is wrong statement from this morning is another attempt to politicize this matter.”
WHERE ARE TRUMP FOUNDATION FUNDS ACTUALLY GO?
Underwood, the investigation, the organization took over in may, according to Schneiderman, a damning report by The New Yorker, detailing occurred after the publication of four women claimed that he was beaten repeatedly, threatened and humiliated you. The graphic allegations include choking a former girlfriend and demanding, a daughter, born in Sri Lanka and whom Schneiderman allegedly referred to as his “brown slaves” to call him “master.”
The Manhattan District Attorney launched an investigation, Schneiderman, according to the explosive report, and prompted his stunning fall from grace.
Fox News’ Kristin brown and Lissa Kaplan contributed to this report.