Trump paid $2 million judgment for misusing his charity, New York attorney general says

[Eugene]

Source: NBC News

Trump paid $2 million judgment for misusing his charity, New York attorney general says

The court-ordered settlement money will go to eight charities.

Dec. 10, 2019, 2:42 PM EST / Updated Dec. 10, 2019, 2:47 PM EST
By Dartunorro Clark

President Donald Trump has paid $2 million in a court-ordered judgment for misusing his charity, New York Attorney General Letitia James said in a statement Tuesday.

"Not only has the Trump Foundation shut down for its misconduct, but the president has been forced to pay $2 million for misusing charitable funds for his own political gain," James said. "Charities are not a means to an end, which is why these damages speak to the president's abuse of power and represent a victory for not-for-profits that follow the law."

Last month, a federal judge ordered Trump to pay the $2 million in damages after the foundation admitted in a settlement that the president personally misused foundation funds to help his 2016 presidential campaign, settle personal legal disputes and buyportraits of himself and sports memorabilia.

The $2 million will go to eight different charities: Army Emergency Relief, the Children's Aid Society, Citymeals-on-Wheels, Give an Hour, Martha’s Table, the United Negro College Fund, the United Way of National Capital Area, and the U.S. Holocaust Memorial Museum. Trump also agreed to distribute the remaining $1.8 million in the foundation's coffers among those same charities.

Each charity will receive a total of $476,140.41. The settlement also called for mandatory training requirements for the now-defunct foundation's directors — Donald Trump Jr., Ivanka Trump and Eric Trump, which James said each has undergone.

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Read more: https://www.nbcnews.com/politics/politics-news/trump-pays-2-million-judgment-misusing-his-charity-new-york-n1099296

[Frustratedlady]

1. I thought he and the kids took money from the foundation like it was a bank.

That's not a very hefty fine if that is true.

Weren't the kids charged or fined, as well?

[Brother Buzz]

2. Did Trump paid the $2 million, or did his campaign pay it

Asking for a friend.

[Hermit-The-Prog]

9. we paid it. see emoluments

[TeamPooka]

3. A reporter needs to ask all the kids what they learned in their mandatory training.

[Cartaphelius]

4. Isn't this an impeachable crime?

[Wellstone ruled]

5. Will not believe this until we see

the canceled check,

[Yo_Mama_Been_Loggin]

6. So which Russian oligarch is he borrowing the money from?

[spanone]

7. He also paid $25 MILLION for fraud with trump university WHILE he was president.

Judge finalizes $25 million settlement for 'victims of Donald Trump's fraudulent university'
https://abcnews.go.com/US/judge-finalizes-25-million-settlement-victims-donald-trumps/story?id=54347237

[UTUSN]

8. K&R