Trump Foundation illegally helped Trump, his campaign, New York - MSNewsNow.com - Jackson, MS

breaking

Trump Foundation illegally helped Trump, his campaign, New York AG's suit claims

The New York AG said President Donald Trump used money in the foundation for his personal benefit. (Source: CNN) The New York AG said President Donald Trump used money in the foundation for his personal benefit. (Source: CNN)
New York Attorney General Barbara Underwood filed suit against the Donald J. Trump Foundation on Thursday, alleging the president used the charity for personal gain. (Source: Spectrum News Albany/CNN) New York Attorney General Barbara Underwood filed suit against the Donald J. Trump Foundation on Thursday, alleging the president used the charity for personal gain. (Source: Spectrum News Albany/CNN)
  • Related LinksMore>>

  • The Latest: NY attorney general sues over Trump's foundation

    The Latest: NY attorney general sues over Trump's foundation

    Thursday, June 14 2018 11:47 AM EDT2018-06-14 15:47:47 GMT
    Friday, June 15 2018 10:19 AM EDT2018-06-15 14:19:08 GMT
    (AP Photo/Pablo Martinez Monsivais, File). FILE - President Donald Trump holds up an executive order for border security and immigration enforcement improvements after signing the order during a visit to the Homeland Security Department headquarters in...(AP Photo/Pablo Martinez Monsivais, File). FILE - President Donald Trump holds up an executive order for border security and immigration enforcement improvements after signing the order during a visit to the Homeland Security Department headquarters in...
    New York's attorney general says President Donald Trump's foundation served as a personal piggy bank for his businesses, legal bills and presidential campaign.More >>
    New York's attorney general says President Donald Trump's foundation served as a personal piggy bank for his businesses, legal bills and presidential campaign.More >>
  • Trump accused in lawsuit of misusing charitable foundation

    Trump accused in lawsuit of misusing charitable foundation

    Thursday, June 14 2018 11:07 AM EDT2018-06-14 15:07:52 GMT
    Friday, June 15 2018 9:01 AM EDT2018-06-15 13:01:17 GMT
    (AP Photo/Pablo Martinez Monsivais, File). FILE - President Donald Trump holds up an executive order for border security and immigration enforcement improvements after signing the order during a visit to the Homeland Security Department headquarters in...(AP Photo/Pablo Martinez Monsivais, File). FILE - President Donald Trump holds up an executive order for border security and immigration enforcement improvements after signing the order during a visit to the Homeland Security Department headquarters in...
    New York's attorney general says President Donald Trump's foundation served as a personal piggy bank for his businesses, legal bills and presidential campaign.More >>
    New York's attorney general says President Donald Trump's foundation served as a personal piggy bank for his businesses, legal bills and presidential campaign.More >>

NEW YORK (RNN) - The New York Attorney General has filed suit on Thursday against the Donald J. Trump Foundation, naming President Trump and three of his children.

New York Attorney General Barbara Underwood said in the lawsuit that the foundation engaged in a pattern of illegal self-dealing.

She asked a state judge to dissolve the Trump Foundation in the filing, saying the president repeatedly misused the money within the nonprofit for his own use, including paying debts, according to a New York state investigation.

"Our investigation found that the Trump Foundation raised in excess of $2.8 million in a manner designed to influence the 2016 presidential election at the direction and under the control of senior leadership of the Trump presidential campaign," Underwood said in a tweet.

Senior campaign officials "dictated the timing, amounts, and recipients of grants by the Foundation to non-profits," according to the attorney general.

The foundation also allegedly benefitted Trump or his businesses at least five times, including a "$100K payment to settle legal claims against Mr. Trump’s Mar-A-Lago resort, $158K to settle legal claims against Trump National Golf Club, and $10K to purchase a painting of Mr. Trump displayed at the Trump National Doral," Underwood tweeted.

The state is seeking restitution of $2.8 million plus penalties, and sent referral letters to the IRS and FEC for further investigation and legal action.

Underwood also asked that Trump be barred from leading a nonprofit for 10 years.

Three of the president's children - Ivanka Trump, Eric Trump and Donald Trump Jr. - are also named in the lawsuit because they are board members of the nonprofit.

Trump responded to the lawsuit news in a series of tweets, saying in part, "The sleazy New York Democrats, and their now disgraced (and run out of town) A.G. Eric Schneiderman, are doing everything they can to sue me on a foundation that took in $18,800,000 and gave out to charity more money than it took in, $19,200,000. I won’t settle this case!"

New York state's investigation into the Trump Foundation has been going on since 2016. 

In November, the foundation filed documents saying it would wind down to avoid conflicts of interest. 

"The foundation announced its intent to dissolve and is seeking approval to distribute its remaining funds" to other charities, according to a 2016 Internal Revenue Service filing. 

New York's attorney general ordered the foundation to stop soliciting contributions in October 2016.

In a previous tax filing, the foundation said it violated a legal prohibition against a "self-dealing" that bars nonprofit leaders from funneling their charity's money to themselves, their businesses or their families.

Underwood took over for former AG Eric Schneiderman in May after he resigned amid claims he abused women. He has denied the claims.

Thursday is President Trump's 72nd birthday.

Copyright 2018 Raycom News Network. All rights reserved.

  • National politicsPolitics in the USMore>>

  • Supreme Court leaves door open to curbing partisan districts

    Supreme Court leaves door open to curbing partisan districts

    Monday, June 18 2018 10:40 AM EDT2018-06-18 14:40:07 GMT
    Monday, June 18 2018 7:12 PM EDT2018-06-18 23:12:14 GMT
    The Supreme Court is resolving partisan redistricting cases from Wisconsin and Maryland without ruling on the broader issue of whether electoral maps can give an unfair advantage to a political party. (Source: CNN)The Supreme Court is resolving partisan redistricting cases from Wisconsin and Maryland without ruling on the broader issue of whether electoral maps can give an unfair advantage to a political party. (Source: CNN)

    The Supreme Court is resolving partisan redistricting cases from Wisconsin and Maryland without ruling on the broader issue of whether electoral maps can give an unfair advantage to a political party.

    More >>

    The Supreme Court is resolving partisan redistricting cases from Wisconsin and Maryland without ruling on the broader issue of whether electoral maps can give an unfair advantage to a political party.

    More >>
  • Trump announces plans for Pentagon to create 'Space Force'

    Trump announces plans for Pentagon to create 'Space Force'

    Monday, June 18 2018 11:11 AM EDT2018-06-18 15:11:00 GMT
    Monday, June 18 2018 7:12 PM EDT2018-06-18 23:12:10 GMT
    The White House is establishing a new policy for reducing satellite clutter in space.More >>
    The White House is establishing a new policy for reducing satellite clutter in space.More >>
  • Director: FBI won't repeat mistakes noted in watchdog report

    Director: FBI won't repeat mistakes noted in watchdog report

    Monday, June 18 2018 2:40 PM EDT2018-06-18 18:40:23 GMT
    Monday, June 18 2018 7:12 PM EDT2018-06-18 23:12:08 GMT
    (AP Photo/J. Scott Applewhite). Justice Department Inspector General Michael Horowitz, left, and FBI Director Christopher Wray wait to testify as the Senate Judiciary Committee examines the internal report of the FBI's Clinton email probe and the role ...(AP Photo/J. Scott Applewhite). Justice Department Inspector General Michael Horowitz, left, and FBI Director Christopher Wray wait to testify as the Senate Judiciary Committee examines the internal report of the FBI's Clinton email probe and the role ...
    The Republican chairman of the Senate Judiciary Committee says the Justice Department has a "serious credibility problem.".More >>
    The Republican chairman of the Senate Judiciary Committee says the Justice Department has a "serious credibility problem.".More >>
Powered by Frankly