“We have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view,” Mr Schneiderman told CNN. Mr Trump’s campaign spokesman Jason Miller said Mr Schneiderman had “turned a blind eye to the Clinton Foundation for years”, and called the inquiry “another left-wing hit job designed to distract from Crooked Hillary Clinton’s disastrous week”. The attorney-general has endorsed Mr Trump’s chief opponent, Hillary Clinton, for president. Mr Trump’s team have dismissed Mr Schneiderman, a Democrat, as “a partisan hack.” The Trump Foundation has been hit by a number of damaging media stories. Each charity is getting about $476,000.New York’s attorney general says he is investigating Republican presidential candidate Donald Trump’s foundation over suspected “impropriety”.Įric Schneiderman said his office wanted to ensure the foundation is “complying with the laws that govern charities in New York”. Trump's fine and the charity's funds will be split evenly among eight organizations, including Citymeals on Wheels, the United Negro College Fund and the U.S. He had tweeted, "I won't settle this case!" when it was filed in June 2018. The settlement was an about-face for Trump. He has also accepted restrictions on his involvement in other charitable organizations. The president admitted, among other things, to arranging for the charity to pay $10,000 for a six-foot portrait of him. Scarpulla said the event was designed "to further Mr. Trump acknowledged in a legal filing that he allowed his presidential campaign staff to co-ordinate with the Trump Foundation in holding a fundraiser for veterans during the run-up to the 2016 Iowa caucuses. "We are very pleased with the result."Īfter Scarpulla's ruling last month, Trump assailed a series of Democratic attorneys general of New York who were involved with the suit, calling it "4 years of politically motivated harassment" and saying they should have spent their time investigating the Clinton Foundation. "The Foundation case settled weeks ago with all issues resolved and all funds going to charity," Futerfas said. In a statement, he suggested James was making a big deal about Trump's payment to distract from bad news in another case: a judge's ruling that there was no proof Exxon Mobil misled investors over the costs of climate change. Trump Foundation lawyer Alan Futerfas declined to answer questions about Trump's tax plans. James' office had sought to block Trump from writing off the fine payment as a charitable donation on his taxes, but Scarpulla hasn't ruled on that request. Trump sent the money in the past few weeks, but that development didn't become public until the sides formally agreed Tuesday to close the case. "Funds have finally gone where they deserve - to eight credible charities." 'Pleased with the result' "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," James, a Democrat, said in a statement. New York state Judge Saliann Scarpulla imposed the penalty last month after Trump admitted to a series of abuses outlined in a lawsuit brought against him last year by James' office. The money will be distributed to eight charities.Ībout $1.8 million left in the Trump Foundation's bank account was also split among the nonprofits getting fine money, along with $11,525 that Trump paid back for spending foundation money on sports memorabilia and champagne at a charity gala. Trump has wired $2 million US to pay a court-ordered fine for misusing the Trump Foundation in part to further his business interests and 2016 presidential run, New York Attorney General Letitia James said Tuesday. President Donald Trump is paying up after conceding that he used his charitable foundation at times as a personal piggy bank.
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