NY AG Says Trump Foundation Signs Stipulation to Dissolve
Source: Bloomberg
New York Attorney General Barbara Underwood says the Trump Foundation has signed a stipulation agreeing to dissolve under judicial supervision, according to a statement, Bloomberg News reports.
Read more: https://www.bloomberg.com/news/articles/2018-12-18/ny-ag-says-trump-foundation-signs-stipulation-to-dissolve-jptxpkcw
herding cats
(19,565 posts)New York Attorney General Barbara Underwood announced that the Donald J. Trump Foundation is dissolving as her office pursues its lawsuit against the charity, Trump and his three eldest children.
The attorney generals suit, filed in June, alleged persistently illegal conduct at the charity and sought to have the foundation shut down. Underwood is continuing to seek more than $2.8 million in restitution and has asked a judge to ban the Trumps temporarily from serving on the boards of other New York nonprofits.
Underwood said Tuesday that her investigation found a shocking pattern of illegality involving the Trump Foundation including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more.
https://www.washingtonpost.com/politics/trump-agrees-to-shut-down-his-charity-amid-allegations-he-used-it-for-personal-and-political-benefit/2018/12/18/dd3f5030-021b-11e9-9122-82e98f91ee6f_story.html?utm_term=.eece14059c71
NewJeffCT
(56,828 posts)it's a personal slush fund for Donny
herding cats
(19,565 posts)forgotmylogin
(7,530 posts)Remember Carter's peanut farm?
NewJeffCT
(56,828 posts)and enforced by long-standing norms. Trump didn't care about norms and has no shame, so couldn't be shamed into it.
We need to pass laws:
1) Before entering a campaign, a candidate must reveal last 10 years of tax returns
2) Must undergo an FBI background check
3) Any business interests must either be sold off or put into the hands of a neutral blind trust. Investments must go into a blind trust.
And, have real penalties for each - not allowed to run if #1 and #2 are not met in full.
Not sure about a divestment penalty? Maybe if you don't, business holdings and investments are handed to a judge to put into a blind trust, minus 10% for expenses?
forgotmylogin
(7,530 posts)Not specifically to bust them if they take drugs, but the people deserve to know if their future leader who might be interacting with other countries is taking any significant mood-altering substances or medications that would signal potential psychological problems or impulse control issues.
Response to swag (Original post)
Snotcicles This message was self-deleted by its author.
turbinetree
(24,703 posts)Our petition detailed a shocking pattern of illegality involving the Trump Foundation including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more. This amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trumps business and political interests.
AGAIN LOCK THEM UP...........................Knowing and committing a, Crime, is still a CRIME.....................
Nonmember 3, 2020 cannot get here fast enough.................
Equinox Moon
(6,344 posts)Guess what donald, it turned out to be yours!!!
What a jerk!!!
Hugin
(33,164 posts)I remember clearly reading about it at the time.
I'm not surprised it was a lie... And, I won't be surprised to find this announcement of it's closure is a lie, too.
NCjack
(10,279 posts)but NYAG stopped it until law enforcement could give it a through investigation. The NYAG appears ready to kill the foundation and proceed against the Trumps.
KPN
(15,646 posts)conman living illegitimately in our White House. For him its all about making deals to circumnavigate penalties of the law. Restore the Rule of Law my ass.
PeeJ52
(1,588 posts)Oh geesh... you caught us being criminals. OK... we'll stop now. We'll keep the millions that we swindled from the poor suckers that gave to us or we cheated from paying taxes. Thanks for letting us go scott free. Now go arrest those poor people and put them in jail. WTF is wrong with this country? Why is it punishment enough just to embarrass the rich that they get caught ripping off the public. LOCK THEM UP!!! ENOUGH OF THIS SEPARATE JUSTICE FOR ALL!!! JEEBUS!!!
chowder66
(9,073 posts)with a new ILLEGAL money scheme. He starts something profitable illegally, gets busted, pays his bill and goes on to the next money producing scheme.
It never ends and will not until they lock the asshole up or he dies..... but his family while carry on doing the same.
Retrograde
(10,137 posts)New York/New Jersey/Wherever didn't prosecute Trump's businesses for their illegal activities in the past, so he's learned that he can get away with pretty much anything if he blusters enough and throws enough lawyers with threatening letters at his opponents. From what little I've seen, if someone has the resources to stand their ground Trump caves.
I think it's almost too late to do much about Trump himself, given his age and presumed health. But there's no reason not to make his family (and I'm including Mel) adhere to the law.
Marcuse
(7,488 posts)machoneman
(4,007 posts)...agencies seize from Trump's many organizations let alone his and his kids bank accounts?
I mean, if Manafort alone gave up what, $50,000,000, how many bucks can we get from Trump?
$100 million? $200 million? All of it?
I like the last one...take every single dollar!
watoos
(7,142 posts)I don't think any of the money was his. Nice little money laundering setup.
louis c
(8,652 posts)mpcamb
(2,871 posts)Enoki33
(1,587 posts)reach of their vast criminal activity is going to be mind boggling.
3Hotdogs
(12,391 posts)Bengus81
(6,931 posts)Where's all the other countless millions that SHAM raised?? Well....there's a Boeing 757 parked out on the tarmac for starters.
SunSeeker
(51,574 posts)Democrats_win
(6,539 posts)Throw the A.G. in jail too along with Donnie Dolittle.
No consequences for this fraud! If he was black he'd get life in prison. Time to throw out the whole damn mess.
Mademoiselle guillotine awaits them all.
benld74
(9,904 posts)At State level
MiddleClass
(888 posts)wait a minute we got to collect evidence of this fraud. Sounds like they have enough, the future holds something about this.
I do not think this is the last of it, just the end of evidence collection.
riversedge
(70,242 posts)No hanky panky. love it.
Talitha
(6,593 posts)Why would anyone give money to dirty donnie, instead of donating it directly to a charity?
(thanks in advance! )