No one addressed the topic of the thread on Trump using foundation funds to pay for his debts. So, let's try again. Please stay on the topic of Trump, we know how you feel about Hillary. So, how about Trump's seemingly illegal use of funds.
The Washington Post's David Fahrenthold on Tuesday published a series of stunning revelations about Donald Trump's charitable foundation, reporting that the Republican presidential nominee used money from the Trump Foundation to pay legal fees related to his businesses.
The report, citing tax records, said Trump had not made a single donation to his charity since 2008 and sometimes used money from others through the foundation to pay off legal expenses.
The money relating to those expenses, which reportedly amounted to $258,000 from the Trump Foundation, may have violated "self-dealing" laws that prohibit nonprofit leaders from using charity money for self-benefit or the benefit of their for-profit businesses, according to The Post.
"I represent 700 nonprofits a year, and I've never encountered anything so brazen," Jeffrey Tenenbaum, who advises charities at the Venable law firm in Washington, told The Post, later describing the details as "really shocking."
"If he's using other people's money — run through his foundation — to satisfy his personal obligations, then that's about as blatant an example of self-dealing [as] I've seen in a while," he continued.
http://www.businessinsider.com/donald-trump-foundation-2016-9
The Washington Post's David Fahrenthold on Tuesday published a series of stunning revelations about Donald Trump's charitable foundation, reporting that the Republican presidential nominee used money from the Trump Foundation to pay legal fees related to his businesses.
The report, citing tax records, said Trump had not made a single donation to his charity since 2008 and sometimes used money from others through the foundation to pay off legal expenses.
The money relating to those expenses, which reportedly amounted to $258,000 from the Trump Foundation, may have violated "self-dealing" laws that prohibit nonprofit leaders from using charity money for self-benefit or the benefit of their for-profit businesses, according to The Post.
"I represent 700 nonprofits a year, and I've never encountered anything so brazen," Jeffrey Tenenbaum, who advises charities at the Venable law firm in Washington, told The Post, later describing the details as "really shocking."
"If he's using other people's money — run through his foundation — to satisfy his personal obligations, then that's about as blatant an example of self-dealing [as] I've seen in a while," he continued.
http://www.businessinsider.com/donald-trump-foundation-2016-9