Report: Trump Pays $2M Fine For Misusing Charity Funds For His Own Purposes
President Donald Trump has shelled out the $2 million in damages ordered by the court after he was accused of misusing funds from his now-shuttered charitable foundation, according to The Washington Post.
New York Attorney General Letitia James told the newspaper satisfied the order, which was issued last month by a New York state judge in what The Post described as “an extraordinary rebuke to a sitting president.”
Trump’s payment was split between eight charities, James said in a statement, including: the Army Emergency Relief, the Children’s Aid Society, Citymeals-on-Wheels, Give an Hour, Martha’s Table, the United Negro College Fund, the United Way of National Capital Area, and the U.S. Holocaust Memorial Museum.
The remaining $1.8 million left in the Donald J. Trump Foundation was also distributed to the charities, giving each a total of $476,140.41.
James reiterated in her statement that the president is not above the law: “Funds have finally gone where they deserve — to eight credible charities. My office will continue to fight for accountability because no one is above the law — not a businessman, not a candidate for office, and not even the president of the United States.”
According to the attorney general, Trump used his foundation’s funds “to buy paintings of himself and sports memorabilia and to pay $258,000 in legal settlements for his for-profit clubs,” as well as donations to political campaigns — including his own in 2016.
Trump’s attorneys told The Post in a statement: “The legacy of the Trump Foundation — which gave away many millions to those in need at virtually no cost — is secure.”