Trump Admits Misusing Trump Foundation Funds to Settle Lawsuit | Law & Crime
President Donald Trump must personally pay $2 million in fines because he illegally used his charity to benefit his 2016 candidacy. A state judge in New York delivered the judgment on Thursday afternoon. The judicially-assessed penalty must be paid to a number of nonprofit organizations in the Empire State.
A press release from New York Attorney General Letitia James notes the general contours of the settlement:
[James] announced that her office entered into multiple stipulations with the Trump Foundation and its directors to resolve the remaining claims in the lawsuit. Chiefly, Mr. Trump admits to personally misusing funds at the Trump Foundation, and agrees to restrictions on future charitable service and ongoing reporting to the Office of the Attorney General in the event he creates a new charity. The settlements also include mandatory training requirements for Donald Trump Jr., Ivanka Trump, and Eric Trump.