Trump loses it because New York is investigating him and his family for so many crimes

[struggle4progress]

18. Agrees to shutter charity -- but probe into Eric Trump Foundation continues

MATTHEW ROZSA
DECEMBER 18, 2018 6:41PM (UTC)

President Donald Trump and his three children have agreed to shut down a charity, The Donald J. Trump Foundation, due to a number of scandalous accusations being made against it by the State of New York.

"We’ve secured a stipulation requiring the Trump Foundation to dissolve under judicial supervision, with our review of recipient charities," New York Attorney General Barbara Underwood tweeted on Tuesday. "The Foundation functioned as little more than a checkbook to serve Mr. Trump’s interests. Our lawsuit remains ongoing."

In additional tweets, Underwood added that "Today’s stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year. Under the terms, the Foundation can only distribute its remaining charitable assets to reputable organizations that we have approved. This is an important victory for the rule of law. There is one set of rules for everyone. We’ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held accountable for their clear and repeated violations of state and federal law."

The suit filed by the State of New York in June accuses Trump's charity of "persistently illegal conduct" and wanted to not only have it shut down, but also pay $2.8 million in restitution, according to The Washington Post. The State of New York has been pursuing legal action against Trump's charity since 2016, and as far back as 2015 the charity admitted in tax filings that it had engaged in self-dealing. In her investigation, Underwood claims to have discovered that The Trump Foundation engaged in multiple occasions of self-dealing, illegal coordination with his presidential campaign and other acts that violated the law. Although Trump attempted to close the charity in late 2016, the State of New York prevented him from doing so in order to continue its investigation into whether it had broken the law ...

https://www.salon.com/2018/12/18/trump-agrees-to-shutter-charity-amid-scrutiny-but-probe-into-eric-trump-foundation-continues/