The Latest: Judge orders Trump to pay $2M in foundation case




  • In Business
  • 2019-11-07 20:20:46Z
  • By Associated Press
The Latest: Judge orders Trump to pay $2M in foundation case
The Latest: Judge orders Trump to pay $2M in foundation case  

NEW YORK (AP) - The Latest on a civil lawsuit over President Donald Trump's charitable foundation (all times local):

2:40 p.m.

A New York judge has ordered President Donald Trump to pay $2 million to resolve a lawsuit alleging he misused his charitable foundation to further his political and business interests.

The Trump Foundation said after the ruling Thursday that money raised by the penalty will go to several charities, including the U.S. Holocaust Memorial Museum and the United Negro College Fund.

It called the lawsuit politically motivated, but said it was glad the matter was resolved.

New York's attorney general filed a lawsuit last year alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign.

Attorney General Letitia James says the court's decision was a "major victory." She had initially been seeking about $2.8 million in restitution from the president.

___

1:50 p.m.

A New York judge has ordered President Donald Trump to pay $2 million to settle a lawsuit alleging he misused his charitable foundation to further his political and business interests.

Judge Saliann Scarpulla on Thursday also signed off on an agreement to close the Trump Foundation and distribute about $1.7 million in remaining funds to other nonprofit groups.

A request for comment was emailed to Trump's lawyer.

New York's attorney general filed a lawsuit last year alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign.

Attorney General Letitia James had been seeking about $2.8 million in restitution from the president. Scarpulla cut that amount to $2 million.

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