Outright fraud dooms Trump Foundation 11/10/2019

10, November 2019                    Outright fraud dooms Trump Foundation

Another chapter has unfolded in the sordid Trump presidency saga.  

A New York judge ordered Trump to pay $2 million in damages following his admission that he embezzled money from his now-defunct foundation to ingratiate himself!

In the 2016 campaign he raised $2.8 million at a fund-raiser for veterans in Iowa but like a Houdini magician the “master deal maker“ diverted the funds to his own foundation.  He spent $10, 00 to fund his pet project, portraits of himself that are on full display in his hotels.  

Ignoring stringent IRS rules, the foundation was used as a piggy bank to pay bills and fund political activities. It’s strange that such outright fraud doesn’t carry a stiffer fine or sentence.

To add to his impeachment woes, the House also seems ready to accuse the President of gross misuse of Pentagon funds to fund his pet projects.

Under court mandated order, Trump’s three oldest children — Don Jr., Ivanka and Eric, all of whom were foundation officers — agreed to undergo ethical training to distinguish honesty from outright fraud. It seems the “apple never falls far from the tree.”