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Million penalty for Trump because of illegal business of his Foundation

US President Donald Trump must pay because of illegal transactions of its Foundation, two million dollars. A court in New York ordered on Thursday. This is part of an agreement for the settlement of the legal dispute around the Trump Foundation, which had begun in 2018.

The Prosecutor's office in New York was Trump and his three oldest children – Eric, Ivanka and Donald Trump Jr. – in a complaint filed in June 2018, the unauthorized Self-dealing with views of the Foundation are accused of. In addition, they would have supported trump's presidential campaign in illegal way. The Foundation, therefore, was "an empty shell", the Board of management not met since 1999, and since then, Trump alone the decisions made.

donations for the presidential campaign

Specifically, the Trumps should have collected with the Foundation's donations in the amount of 2.8 million dollars, in order to influence the presidential election campaign. With the money, Trump paid open legal claims against his holiday home Mar-A-Lago in Florida and a Golf club, Trump Hotels advertised and things purchased for personal use.

The Prosecutor's office had instituted proceedings for the Foundation to dissolve under court supervision. The resolution was finally sealed by the end of 2018. The remaining assets of the Foundation as well as the additional two million dollars, paid by Trump now, to be distributed according to the New York office of the public Prosecutor to several charities. (sda)

Created: 08.11.2019, 05:26 PM

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