09:35 GMT +318 June 2019
Listen Live
    Cartoons

    For-Profit Non-Profit: Trump Foundation Fizzles Out

    Cartoons
    Get short URL
    0 91

    The Trump Foundation has agreed to dissolve its operations under judicial supervision amid a $2.8 million lawsuit from New York Attorney General Barbara Underwood.

    For-Profit Non-Profit: Trump Foundation Fizzles Out

    The 30-year-old private foundation established by Donald Trump will see its doors shuttered and may have to pay millions in fines and penalties as a result of the ongoing lawsuit filed by Underwood in June.

    While alleging "persistently illegal conduct" by the foundation, Underwood also seeks to have Trump Foundation Director (and now US President) Donald Trump and his three children and board members, Donald Trump Jr., Ivanka Trump and Eric Trump, suspended from future service in a New York not-for-profit for varying amounts of time.

    "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," Underwood detailed within the Tuesday announcement.

    Despite their agreement to dissolve the private business, the Trumps' representatives, in a motion to have the case thrown out, said the lawsuit represented Underwood's "pervasive bias."

    President Trump himself notably took issue with the suit shortly after the June filing by "sleazy New York Democrats."

    Related:

    Trump Foundation Agreed to Dissolve Under Judicial Supervision Following Lawsuit
    Why Lawsuit Against Trump Foundation May Be 'Horrible' for the Clintons
    Explosive Docs on Hillary Clinton's Charity Obtained From Whistleblowers
    New Explosive Facts About Clinton Charity to Shake Off Lethargy Soon – Analyst
    US House Panel Probes Foreign Donations to Clinton Foundation
    Tags:
    charity, lawsuit, Trump Foundation, Donald J. Trump Foundation, Donald Trump Jr, Eric Trump, Ivanka Trump, Donald Trump, United States, New York
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik

    More cartoons

    • Last update: 02:02 15.06.2019
      02:02 15.06.2019

      Help Wanted

      On Thursday, US President Donald Trump took to Twitter to announce White House Press Secretary Sarah Sanders’ resignation and decision to move back to Arkansas. The president had kind words for Sanders and her “extraordinary talents,” but who will be next at the podium?

    • Last update: 02:00 12.06.2019
      02:00 12.06.2019

      Voice Mailbox Full?

      The dissemination of a Facebook video depicting House Speaker Nancy Pelosi (D-CA) as a word-slurring drunk prompted social media CEO Mark Zuckerberg to give the congresswoman a ring, but as the weeks have gone by, Pelosi has yet to return his calls, according to recent reports.

    • Holiday Hijacked
      Last update: 01:27 07.06.2019
      01:27 07.06.2019

      Holiday Hijacked

      On Thursday, top House Democrats “respectfully” wrote to US President Donald Trump, calling for him to rescind his plan to use Washington’s Fourth of July celebration as an opportunity to address the public with presumably partisan talking points.

    • Lying in London
      Last update: 02:46 05.06.2019
      02:46 05.06.2019

      Lying in London

      The second day of US President Donald Trump’s UK state visit included an unexpected cancelation, a perceived snub and thousands of protesters that somehow managed to evade The Don’s gaze.