#dayin10

Controversy of the Day

Did Donald Trump misuse money from his charity to pay off lawsuits?


A new report by The Washington Post claims that Donald Trump used around $258,000 from his charitable foundation to settle various lawsuits filed against him and his businesses. The paper reviewed legal documents and said Trump might have violated the IRS' "self-dealing" rules that prohibit nonprofit money to be used to benefit the owners and their businesses.

Some of his settlements include a $120,000 fine on his Mar-a-Lago Florida resort property and another was by a golfer who sued Trump's New York golf course for not paying him a $1 million prize money for a charity tournament.

In both occasions, Trump used his foundation's money to settle, uncovered journalist David Fahrenthold who also reached out to Trump's camp for comments and is still looking for some missing purchases.

What lies in store for Trump is an IRS investigation. He would be required to pay penalty taxes or to reimburse the foundation for all the money he had misappropriated. He's already being investigated by the New York attorney general for his charity's dealings.

The highlight, for most people, was the giant Trump portrait and the reason why his Florida resort was sued.

Get Kicker in your inbox!
Did Donald Trump misuse money from his charity to pay off lawsuits?

Anugya Chitransh

Anugya is originally from New Delhi, India. She studied journalism at the CUNY Graduate School of Journalism in New York, graduating with a master's in international reporting. She plans to travel one day to all the places she reads about. She likes reading fiction, pop music, and going to the beach, but absolutely hates anyone mangling or shortening her name (which is quite common). She binge watches Korean dramas and anime series. She's a freelance writer and has produced content that has appeared in NBC, The Times of India, Time Out Delhi, and other publications.

Share your comments

Comments

comments