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Trump illegally diverted $7 from his foundation to pay his son's Boy Scouts registration fee.
Link to tweet
“Take a moment to savor that last detail. A man claiming to be worth billions of dollars -- and who certainly flaunted the lifestyle -- appears to have illegally diverted $7 from a charitable foundation to pay his son’s Boy Scouts registration fee.”
https://www.bloomberg.com/view/articles/2018-06-16/new-york-s-trump-lawsuit-may-be-a-map-for-mueller
New findings, for instance, show that the Trump Foundation’s largest-ever gift — $264,631 — was used to renovate a fountain outside the windows of Trump’s Plaza Hotel.
Its smallest-ever gift, for $7, was paid to the Boy Scouts in 1989, at a time when it cost $7 to register a new Scout. Trump’s oldest son was 11 at the time. Trump did not respond to a question about whether the money was paid to register him.
Trump’s foundation is organized “exclusively for charitable, religious, scientific, literary or educational purposes either directly or by contributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code."
Instead, as Underwood’s complaint shows clearly, he used it to pay settlements incurred in business lawsuits and to advance his 2016 political campaign. The foundation took in millions in donations for veterans. His campaign then directed the foundation to issue checks to Iowa veterans groups in advance of the Iowa caucuses as he sought to curry political favor.
How does Underwood know campaign personnel were involved in spending decisions? Because the Trumpsters are so recklessly contemptuous of rules that they left a trail of this blatant violation of campaign-finance law on their emails. At least one email thread included Trump campaign manager Corey Lewandowski weighing in on where he wanted the foundation’s tax-deductible funds directed.
The foundation also made a $25,000 contribution to Florida Attorney General Pam Bondi, who subsequently determined that fraud charges against Trump’s university were not a proper matter for her office. The foundation listed the contribution as going to a Kansas nonprofit with the same name as Bondi’s political committee.
“The Foundation has no credible explanation for the false reporting of grant recipients to the IRS and the State of New York,” Underwood concluded.
Trump will likely claim he was uninvolved and unaware. But Underwood’s complaint has that covered, too.
Mr. Trump, who was the sole signatory on the Foundation's bank accounts, approved all grants and other disbursements from the Foundation. Accounting staff for the Trump Organization had responsibility for issuing checks from the Foundation, and issued the checks based solely on Mr. Trump's approval before presenting the checks to Mr. Trump for signature.
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Its the little things that will nail this fucker to the wall.
Trump is on the hook here because Mr. Trump, who was the sole signatory on the Foundation's bank accounts, approved all grants and other disbursements from the Foundation.
Nailed, fucker.
Trump has no money, everything he has is owed, on credit, a pyramid scheme, he steals grifts and moves the money around, robs Peter to pay Paul. I've seen this a million times. His tax returns will be a magicians trick.
42 replies
= new reply since forum marked as read
= new reply since forum marked as read
As usual, follow the money.
there's a dose of syphilis for irony.
Response to sunonmars (Original post)
What the hell is this guy's problem? He has the dough, what he lacks are morals and common sense.
Copies of his tax returns are archived in Mr. Mueller's office by the way.
We'll see them sooner or later, probably at the trial.
is Donald Trump. 
His sycophants will completely justify this however. He can do no wrong in their minds.
He appears to live on what we used to call the float. Like spending your cash in the bank while the checks were still out and hoping none of them came back to clear the bank before you could make a quick infusion of cash from a paycheck. It is much harder to do these days with electronics being the way they are and ATMs keeping track of all those quick withdrawals.
tRump burned all his financial bridges long ago so had to scramble around the world for more pockets to pick. That’s how he got suckered by the Russians. By his reckoning, he thinks he suckered THEM. But boy is he in for a surprise. This is not going to end well for the old boy.
David Cay Johnson knows the truth about tRump. (Hmmm, that’d make a good book title.) And he has been trying to tell us all along that his wealth is a lie built on more lies and deception. Tony Schultz could probably add some to the story, too. Michael Avenatti more than likely will have more dirt to scoop on tRump’s phony billions.
None of this will end well for tRump. And to think, he could have probably gone on lying and deceiving everyone until the day he dies if he had just not tried for one last big scam by running for President. Pretty funny that what he considers his biggest WIN will turn out to be the thing that brings it all down around him. Maybe he and Bernie Maddoff can be cell mates.
