New York files a lawsuit against Trump Foundation for self-dealing and political spending

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New York state Attorney General Barbara Underwood files a lawsuit against Donald Trump and the Trump Foundation for using the charity for self enrichment and funding political campaigns.

The “pattern” of illegality, Underwood’s office wrote, included “improper and extensive political activity, repeated and willful self-dealing transactions, and failure to follow basic fiduciary obligations or to implement even elementary corporate formalities required by law.”

CNBC

Trump argues that he can’t be sued because he is a sitting president, which Justice Saliann Scarpulla of the New York state Supreme Court overrules.

In 2016, Trump admitted to using the non-profit for political contributions at least one time.

Later, in 2019, Trump admits to the allegations, settles the case, and is ordered to pay a $2 million penalty.

Source

https://www.cnbc.com/2018/11/23/new-york-state-judge-rejects-trump-claim-that-he-cant-be-sued-because-hes-president.html

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