12-18-2018, 04:29 PM
The Trump Foundation (registered as a tax-exempt non-profit charity) will be dissolved amid allegations that it’s being used as a piggy bank for Donald, Ivanka, Junior, and Eric Trump’s personal and political expenditures.
The New York Attorney General has been investigating the alleged financial improprieties for some time. Last month, a judge ruled against the Trumps’ request to drop the state’s lawsuit because the judge found there was sufficient evidence to move forward.
The funds currently in the Foundation will be dispersed to a mutually agreed upon list of valid charities, which will be done with strict supervision by the state.
The State Attorney General, Barbara Underwood, is also seeking to legally ban Donald Trump and the three eldest Trump children from serving on the board of any charities for a period of 10 years.
Story: https://www.google.com/amp/s/abcnews.go....d=59884847
The New York Attorney General has been investigating the alleged financial improprieties for some time. Last month, a judge ruled against the Trumps’ request to drop the state’s lawsuit because the judge found there was sufficient evidence to move forward.
The funds currently in the Foundation will be dispersed to a mutually agreed upon list of valid charities, which will be done with strict supervision by the state.
The State Attorney General, Barbara Underwood, is also seeking to legally ban Donald Trump and the three eldest Trump children from serving on the board of any charities for a period of 10 years.
Story: https://www.google.com/amp/s/abcnews.go....d=59884847