Abb Takk News

Trump Foundation, Family Sued Over Violation Of Charities Law

Web Desk(June 15, 2018): The New York attorney general on Friday sued President Trump’s charitable foundation along with its directors – the President, his sons Eric and Donald Jr. daughter Ivanka — alleging they violated state and federal charities law.

Attorney General Barbara Underwood alleges a pattern of persistent illegal conduct over more than a decade that includes extensive unlawful political coordination with the Trump presidential campaign.

“As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his business to nonprofits, regardless of their purpose or legality,” Underwood said.The attorney general is asking a court to dissolve the Trump Foundation and wants $2.8 million in restitution plus additional penalties.

She seeks to ban Trump from serving as a director of a New York not-for-profit for 10 years and the remaining board members — Ivanka, Don Jr. and Eric Trump — from serving for one year, or until they receive fiduciary training.

The suit alleges that the Trump Foundation engaged in “repeated and willful self-dealing transactions to benefit Mr. Trump’s personal and business interests.”

The suit contends that the Trump Foundation used the tax-deductible donations in at least five instances that benefited Trump or businesses he controls.The president hit back at the lawsuit on Twitter, saying that “sleazy New York Democrats” were “doing everything they can to sue me”. He vowed he would not settle the case.

Related News:

Trump Returns To Washington After Meeting With Kim Jong Un

Trump, Moon Discuss Nuclear Deal Issues Ahead Of Summit