Tuesday, September 20, 2016

Trump reportedly used his charity’s money to settle legal disputes

Christine Wang
Sept. 20, 2016

Donald Trump spent $258,000 from his charity on resolving legal disputes regarding his for-profit businesses, The Washington Post reported.

The Post, citing interviews and legal documents, said the findings suggest the GOP presidential nominee may have violated "self-dealing" regulations. Heads of charitable organizations are not supposed to use nonprofit money on themselves or their other businesses.

The Post previously reported that the Donald J. Trump Foundation has not received a donation from him since 2008. In recent years, the foundation has been primarily funded by donations from other people, the Post reported, citing tax records.

Last week, CNBC confirmed the New York attorney general's office is making inquiries into the foundation to determine whether there has been "some impropriety" regarding the organization's operations.


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