President Trump is paying up after conceding that he used his charitable foundation at times as a personal piggy bank.
Trump has wired $2 million to pay a court-ordered fine for misusing the Trump Foundation in part to further his business interests and 2016 presidential run, New York Atty. Gen. Letitia James said Tuesday. The money will be distributed to eight charities.
Trump sent the money in the last few weeks, but that development didn’t become public until the sides formally agreed Tuesday to close the case. “The Foundation case settled weeks ago with all issues resolved and all funds going to charity,” Futerfas said. “We are very pleased with the result.” The president admitted, among other things, to arranging for the charity to pay $10,000 for a 6-foot portrait of him. He has also accepted restrictions on his involvement in other charitable organizations.
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Trump paid $2 million for misusing his charity, New York attorney general saysPresident Trump has paid $2,000,000 in a court-ordered judgment for misusing his charity, New York AG Letitia James said in a statement. The court-ordered settlement money will go to 8 charities.
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