Wednesday, December 19, 2018

State of New York dissolves Trump Foundation after finding a 'shocking pattern of illegality'

Back in June I posted that Citing ‘vast lawbreaking’ New York sues Donald J. Trump Foundation.

Today (June 14) we learned from The Washington Post and the New York Times that the State of “New York is suing the Trump foundation, accusing it of vast lawbreaking. It wants to bar the president and his children from serving on charities.” (NY Times email, Thursday, June 14, 2018 10:57 AM EST).

For more and deeper background on the Clinton and Trump foundations, see my August 2016 post, The speech Hillary should give about the Clinton Foundation.

Yesterday, the state of New York dissolved the Trump Foundation. Pick your favorite source. The Washington Post reports that Trump agrees to shut down his charity amid allegations that he used it for personal and political benefit. The NY Times reports Trump Foundation Will Dissolve, Accused of ‘Shocking Pattern of Illegality’.

But here is the thing: Trump Foundation reaches deal to dissolve; lawsuit will continue. That’s the headline in this morning’s Daily Star by AP reporter Michael Sisak.

The agreement resolved one part of the legal drama surrounding Trump, whose campaign, transition, inauguration and real estate empire are all under investigation.

[New York] Attorney General Barbara Underwood’s lawsuit alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign will continue.

The lawsuit, filed last spring, seeks $2.8 million in restitution and a 10-year ban on Trump and his three eldest children — Donald Jr., Eric and Ivanka — from running any charities in New York.

In a statement Tuesday, Underwood cited "a shocking pattern of illegality involving the Trump Foundation — including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more."

The foundation operated as “little more than a checkbook to serve Mr. Trump’s business and political interests,” she said.

Think of it this way: the Trumps cannot use the foundation in the future but are still accountable for misuses of it in the past.

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