The New York Attorney General sued the Trump Foundation and its directors — Donald Trump, Donald Trump Jr., Ivanka Trump, and Eric Trump — alleging that the non-profit was essentially a checkbook for personal and political gain.
New York Attorney General Barbara Underwood said the foundation “operated in persistent violation” of state and federal charity laws.
The suit, filed on Thursday morning, alleges that the Trump Foundation, and specifically the president and his three children, engaged in a “pattern of illegal conduct” that included “improper and extensive political activity, repeated and willful self-dealing transactions, and failure to follow basic fiduciary obligations,” the suit reads.
“As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his businesses to nonprofits, regardless of their purpose or legality,” Underwood said in a statement.
Underwood began a special proceeding to dissolve the the foundation and requested that the foundation pay $2.8 million in restitution and penalties. Additionally, the suit asks that the president be banned from serving as directors of a non-profit for 10 years and each of his three eldest children be banned for one year.
The investigation, first reported by the Washington Post, also began after an investigation by the newspaper into the Trump Foundation’s dealing and transactions. The series of stories, led by reporter David Fahrenthold, won a Pulitzer Prize in 2017.
In response the news of the suit, President Trump twetted that he would not settle the case. “I will never settle this case!” the president tweeted after calling New York Democrats “sleazy.”
“Now that I am back from Singapore, where we had a great result with respect to North Korea, the thought process must sadly go back to the Witch Hunt, always remembering that there was No Collusion and No Obstruction of the fabricated No Crime,” the President began a thread of tweets after news of the suit, which was filed in New York State Supreme Court in Manhattan, was released.
This is a developing story. Check back for updates and follow AngleNews on Twitter.