Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents. Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses. In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the height of a flagpole. In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans. Instead, Trump sent a check from the Donald J. Trump Foundation, a charity funded almost entirely by other people’s money, according to tax records. ----------------------------------------------------------------------------------------------------- Source and Full Article: https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html ----------------------------------------------------------------------------------------------------- Before people get too frenzied though, I'm actually half-wondering if this was a smear campaign and going to result in the opposite (i.e. Washington Post getting their asses sued) since this was reported on nearly a week ago with no real explosion in the media and most sources I have read leading with "if true ..." |
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| This is mostly because the Post factchecking Trump Foundation, and made that report last week; then it was under investigation for fraud. Not only cause it is owned by a candidate (that would be media gold), but also cause it's business-fraud from the IRS perspective. And they don't care, they will take you down, like they did Capone. Anyway, it's against the law to take money for charitable causes, but to not give it to charity. Plus charities if you're the owner help subset some taxes, so that's where the IRS fits in this.--or I could be drunk, and this isn't even real O_o This was a matter of time, but not good timing before the *only* debate. So many scandals this election though. |
SilverstormSep 26, 2016 4:46 PM
| "In the end the World really doesn't need a Superman. Just a Brave one" |
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