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43°
Monday, nov 25
Tag:
Legal Conduct
Business
Trump Foundation Will Close After Being Accused Of 'Shocking Pattern Of Illegality' By State AG
President Donald Trump has agreed to shut down his personal charity as he battles allegations that he and his family used it for personal benefit, Attorney General Barbara Underwood announced on Tuesday. A lawsuit against the foundation will move forward, Underwood said. The Donald J. Trump Foundation will be dissolved, and its remaining funds will be given away, Underwood announced on Tuesday, as she continues pursuing a lawsuit against the charity, the president and his children. "We’ve secured a stipulation requiring the Trump Foundation to dissolve under judicial supervision, with our …