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NY Judge Orders US President to Pay $2 Million For ’Persist’ Violations of Charity Law
By Staff, Agencies
A New York judge ordered US President Donald Trump to pay $2 million to settle a lawsuit alleging repeated violations of charities law that includes unlawful coordination with his presidential campaign during the 2016 election.
According to court documents made public on Thursday, the litigation claims that Trump and his three children violated state and federal finance laws by abusing tax exemptions afforded by the president's charity, the Donald J. Trump Foundation.
As part of the settlement, CNN reported that the $2 million dollars will be allocated to a collection of nonprofit organizations. The development comes less than a year after the charity agreed to dissolve itself under judicial supervision.
Following the settlement, attorneys insisted that "all of the money raised by the Foundation went to charitable causes to assist those most in need," and accused the attorney general's office of being motivated by political considerations.
Prosecutors had sought $2.8 million in restitution and a ban on Trump and his children serving on the board of any other New York nonprofit, according to CNN.
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