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Trump used $258,000 from his charity to settle legal problems
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Candidate
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Contributor | RP |
Last Edited | RP Sep 20, 2016 12:30pm |
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Category | Report |
Author | David A. Fahrenthold |
News Date | Tuesday, September 20, 2016 03:30:00 PM UTC0:0 |
Description | Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents.
Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses.
“I represent 700 nonprofits a year, and I’ve never encountered anything so brazen,” said Jeffrey Tenenbaum, who advises charities at the Venable law firm in Washington. After The Post described the details of these Trump Foundation gifts, Tenenbaum described them as “really shocking.” |
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