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sunonmars

(8,657 posts)
Sat Jun 16, 2018, 11:50 AM Jun 2018

Trump illegally diverted $7 from his foundation to pay his son's Boy Scouts registration fee. [View all]




“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 son’s 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 Foundation’s largest-ever gift — $264,631 — was used to renovate a fountain outside the windows of Trump’s 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. Trump’s oldest son was 11 at the time. Trump did not respond to a question about whether the money was paid to register him.

Trump’s 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 Underwood’s 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 foundation’s 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 Trump’s 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 Bondi’s 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 Underwood’s 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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"It's the little things..." smirkymonkey Jun 2018 #1
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
Trump firmly believes in never spending his own money. dixiegrrrrl Jun 2018 #14
Like Capone, they might get this idiot on tax evasion IronLionZion Jun 2018 #16
Yes! Yes! Yes! thegoose Jun 2018 #20
Why do you think he hid his tax returns? Wounded Bear Jun 2018 #22
I sincerely hope peekaloo Jun 2018 #42
Wow Demovictory9 Jun 2018 #3
Criminal charges will come because this is actually con artistry, tax evading slush fund. sunonmars Jun 2018 #4
From article.. Demovictory9 Jun 2018 #5
Indeed, never elevate immoral men to positions of power. sunonmars Jun 2018 #7
He's a career criminal duforsure Jun 2018 #6
State Pen or Federal Pen.... Historic NY Jun 2018 #8
It amazing his tax scams have been allowed to go on for so long. sunonmars Jun 2018 #9
Phony piece of shit is worth two cents thegoose Jun 2018 #39
There is one person - Gov Cuomo - bring it on..... asiliveandbreathe Jun 2018 #10
If you have been following Wellstone ruled Jun 2018 #11
He's a POS, that's why. JDC Jun 2018 #12
I've been saying since the 70s Mr.Bill Jun 2018 #13
Message auto-removed Name removed Jun 2018 #15
LOCK THEM UP. sinkingfeeling Jun 2018 #17
I already knew drumpf is a Hayduke Bomgarte Jun 2018 #18
Wait a minute... Fritz Walter Jun 2018 #19
Actually paying is a step up for Trump lame54 Jun 2018 #21
I wonder who legitimately contributed to this foundation, Ilsa Jun 2018 #23
It is my opinion that 2 sentences define Mr. Trump...: Stuart G Jun 2018 #24
He spends more than $7 for lunch at McDonald's FakeNoose Jun 2018 #25
Lower than whale shit.... SergeStorms Jun 2018 #26
Pathetic Cheapskate dlk Jun 2018 #27
Rachel Maddow had an expert in this sort of crime on her show BigmanPigman Jun 2018 #28
love to see that list dembotoz Jun 2018 #31
The grifter saidsimplesimon Jun 2018 #29
maybe michele wolf just really nailed it at the correspondents dinner with her bit about trump not dembotoz Jun 2018 #36
Yes, love you and Michelle saidsimplesimon Jun 2018 #37
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
I mean can you blame him? Don Jr isn't worth spending $7 on mythology Jun 2018 #33
More evidence that Trump was broke AF EffieBlack Jun 2018 #34
My partner did the accounts of someone like Trump, dumped him immediately, was a paper tiger sunonmars Jun 2018 #38
The law is he law.. world wide wally Jun 2018 #35
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
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