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Showing Original Post only (View all)Trump illegally diverted $7 from his foundation to pay his son's Boy Scouts registration fee. [View all]
Link to tweet
Take a moment to savor that last detail. A man claiming to be worth billions of dollars -- and who certainly flaunted the lifestyle -- appears to have illegally diverted $7 from a charitable foundation to pay his sons Boy Scouts registration fee.
https://www.bloomberg.com/view/articles/2018-06-16/new-york-s-trump-lawsuit-may-be-a-map-for-mueller
New findings, for instance, show that the Trump Foundations largest-ever gift $264,631 was used to renovate a fountain outside the windows of Trumps Plaza Hotel.
Its smallest-ever gift, for $7, was paid to the Boy Scouts in 1989, at a time when it cost $7 to register a new Scout. Trumps oldest son was 11 at the time. Trump did not respond to a question about whether the money was paid to register him.
Trumps foundation is organized exclusively for charitable, religious, scientific, literary or educational purposes either directly or by contributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code."
Instead, as Underwoods complaint shows clearly, he used it to pay settlements incurred in business lawsuits and to advance his 2016 political campaign. The foundation took in millions in donations for veterans. His campaign then directed the foundation to issue checks to Iowa veterans groups in advance of the Iowa caucuses as he sought to curry political favor.
How does Underwood know campaign personnel were involved in spending decisions? Because the Trumpsters are so recklessly contemptuous of rules that they left a trail of this blatant violation of campaign-finance law on their emails. At least one email thread included Trump campaign manager Corey Lewandowski weighing in on where he wanted the foundations tax-deductible funds directed.
The foundation also made a $25,000 contribution to Florida Attorney General Pam Bondi, who subsequently determined that fraud charges against Trumps university were not a proper matter for her office. The foundation listed the contribution as going to a Kansas nonprofit with the same name as Bondis political committee.
The Foundation has no credible explanation for the false reporting of grant recipients to the IRS and the State of New York, Underwood concluded.
Trump will likely claim he was uninvolved and unaware. But Underwoods complaint has that covered, too.
Mr. Trump, who was the sole signatory on the Foundation's bank accounts, approved all grants and other disbursements from the Foundation. Accounting staff for the Trump Organization had responsibility for issuing checks from the Foundation, and issued the checks based solely on Mr. Trump's approval before presenting the checks to Mr. Trump for signature.
....................
Its the little things that will nail this fucker to the wall.
Trump is on the hook here because Mr. Trump, who was the sole signatory on the Foundation's bank accounts, approved all grants and other disbursements from the Foundation.
Nailed, fucker.
Trump has no money, everything he has is owed, on credit, a pyramid scheme, he steals grifts and moves the money around, robs Peter to pay Paul. I've seen this a million times. His tax returns will be a magicians trick.
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Trump illegally diverted $7 from his foundation to pay his son's Boy Scouts registration fee. [View all]
sunonmars
Jun 2018
OP
I just love the fact Trump had sole approval on payments which means he did it, cant say he didn't
sunonmars
Jun 2018
#2
Criminal charges will come because this is actually con artistry, tax evading slush fund.
sunonmars
Jun 2018
#4
maybe michele wolf just really nailed it at the correspondents dinner with her bit about trump not
dembotoz
Jun 2018
#36
Two things I always wondered about....when they temporarily disappeared a while back:
dameatball
Jun 2018
#30
Criminal, plain and simple. He needs to go to jail for multiple crimes against ...
SWBTATTReg
Jun 2018
#32
My partner did the accounts of someone like Trump, dumped him immediately, was a paper tiger
sunonmars
Jun 2018
#38
I've long had the feeling that tRump's so-called wealth was a lot of smoke and mirrors.
Grammy23
Jun 2018
#40
The people that hold his debt have him, the threat is if they pull it, his life is over.
sunonmars
Jun 2018
#41