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Judge orders Trump to pay $2M in foundation case
Posted - November 08 2019 02:19
President Donald Trump has been ordered by a New York State judge to pay $2 million to a group of charities, settling a lawsuit alleging Trump misused his foundation for personal and political gain, according to a court document filed on Thursday.
Justice Saliann Scarpulla, of the state Supreme Court in Manhattan, directed the payment to eight non-profits, in connection with a lawsuit by the state's attorney general against the president and three of his adult children over the now-dissolved Donald J. Trump Foundation.
Law & Crime, Mediaite's sister website, obtained a press release from New York Attorney General Letitia James, which says "Mr. Trump admits to personally misusing funds at the Trump Foundation, and agrees to restrictions on future charitable service and ongoing reporting to the Office of the Attorney General in the event he creates a new charity".
The attorney general, Letitia James, said her office has also reached agreements with the foundation and its directors to end the June 2018 lawsuit, which was filed by her predecessor, Barbara Underwood. The Trump Foundation announced it was shutting down previous year, amid allegations that the money was used for Mr. Trump's personal benefit. She rejected James' request for punitive damages, citing Trump's agreement to take steps to avoid a recurrence.
But the lawyers on both sides, however, came to a "consensual resolution of the bulk of this proceeding" in October, the judge said in her decision, and agreed that the judge would determine the amount of damages Trump would be required to pay. According to the judgement, those charities are Army Emergency Relief, Children's Aid Society, City Meals-on-Wheels, Give an Hour, Martha's Table, United Negro College Fund, United Way of Capital Area, and US Holocaust Memorial Museum.
"My office will continue to fight for accountability", James added, "because no one is above the law-not a businessman, not a candidate for office, and not even the president of the United States". He also agreed to pay back $11,525 in foundation funds that he spent on sports memorabilia and champagne at a charity gala.
"Following the 2016 presidential election, the Trump Foundation publicly announced its intention to voluntarily dissolve and distribute all of its remaining funds to charity", the statement said.
It called the lawsuit politically motivated, but said it was glad the matter was resolved.
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