NY judge orders Trump to pay $2 million over charitable foundation

NEW YORK (Reuters) - A New York state judge on Thursday ordered U.S. President Donald Trump to pay $2 million for misusing his namesake charitable foundation, resulting in funds being distributed to his 2016 presidential campaign

Reuters November 08, 2019 02:11:01 IST
NY judge orders Trump to pay $2 million over charitable foundation

NY judge orders Trump to pay 2 million over charitable foundation

NEW YORK (Reuters) - A New York state judge on Thursday ordered U.S. President Donald Trump to pay $2 million for misusing his namesake charitable foundation, resulting in funds being distributed to his 2016 presidential campaign.

Justice Saliann Scarpulla of the state Supreme Court in Manhattan said the payment should go to a group of non-profit organizations because the foundation, the Donald J. Trump Foundation, has been dissolved.

The White House was not immediately available for comment.

Trump's foundation had the subject of a June 2018 lawsuit by the New York attorney general at the time, Barbara Underwood, against Trump and his adult children Donald Jr., Eric and Ivanka.

Underwood filed suit after a 21-month probe that she said had uncovered "extensive unlawful political coordination" between the foundation and the campaign. The foundation agreed last December to dissolve.

Letitia James, the current New York attorney general, called the $2 million award and earlier settlement "a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain."

(Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

S&P boasts record close with earnings reports adding to vaccine fueled optimism
Business

S&P boasts record close with earnings reports adding to vaccine fueled optimism

By Sinéad Carew NEW YORK (Reuters) - The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful COVID-19 vaccines, even as investors monitored a surge in virus cases and restrictions around the country. After a volatile trading week where the market was whipsawed between hopes and fears around the virus, Cisco Systems Inc provided the biggest boost to the S&P 500 after its quarterly report showed a work-from-home driven surge in demand

Trump mulls a future outside the White House as 2020 options fade
World

Trump mulls a future outside the White House as 2020 options fade

By Steve Holland WASHINGTON (Reuters) - With his long-shot efforts to hang on for a second term dwindling, U.S.

U.S. election: key tallies, certification deadlines
World

U.S. election: key tallies, certification deadlines

(Reuters) - Democrat Joe Biden won the Nov.