Trump Foundation to shut down
Posted: Wed Dec 19, 2018 8:53 am
Trump's "charity" is shutting down due to lawsuits alleging corruption and financial malfeasance.
https://www.nytimes.com/2018/12/18/nyre ... ation.htmlThe Donald J. Trump Foundation, once billed as the charitable arm of the president’s financial empire, agreed to dissolve on Tuesday and give away all its remaining assets under court supervision as part of an ongoing investigation and lawsuit by the New York attorney general.
The foundation was accused by the attorney general, Barbara Underwood, of “functioning as little more than a checkbook to serve Mr. Trump’s business and political interests,” and of engaging in “a shocking pattern of illegality” that included unlawfully coordinating with Mr. Trump’s 2016 presidential campaign.