President Trump's Charity, the Donald J. Trump Foundation, has agreed to Dissolve amid Allegations from the New York Attorney General's Office that it Engaged in a "shocking pattern of illegality."
New York Attorney General, Barbara Underwood, announced Tuesday that her Office will continue to Pursue its Lawsuit against the Foundation.
Underwood's Lawsuit filed in June Alleged that Trump used the Charity for Political and Personal Gain.
“Today’s stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year," Underwood said in a Statement on Tuesday. "Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office."
The Lawsuit is also seeking $2.8 Million from the Donald J. Trump Foundation for "persistently illegal conduct"
The Foundation is Accused of Engaging in Illegal Political Coordination with the 2016 Trump Campaign, Self-Dealing, and Violating Legal Obligations. The Trumps and the Foundation could face Millions of Dollars in Penalties as a result. They also would be Bared from holding Board Positions in a New York Foundation: President Trump for 10 years and the Adult Children for One year.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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