Business

Donald Trump to pay $2 million to settle New York Attorney General civil lawsuit against Trump Foundation and his children

A judge ordered President Donald Trump to pay $2 million to a collection of nonprofit organizations as part of a settlement with the New York state attorney general’s office to resolve a civil lawsuit that alleged “persistent” violations of charities law that included unlawful coordination with the 2016 Trump presidential campaign, according to a court filing Thursday.

Filed in June 2018, the lawsuit alleged that the President and his three eldest children — Don Jr., Ivanka and Eric — violated federal and state campaign finance laws and abused the Donald J. Trump Foundation’s tax-exempt status. According to the lawsuit, the Trumps allowed the foundation to be used “as little more than a checkbook to serve Mr. Trump’s business and political interests.”

Read more: https://www.cnn.com/2019/11/07/politics/trump-settlement-trump-foundation-new-york/index.html

Categories: Business, Manhattan