Donald Trump’s ‘Charitable’ Foundation Shut Down Over Fraud

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Attorney General of New York state, Eric Schneiderman, just gave the Donald Trump Foundation a “notice of violation” which forces the organization to cease soliciting and receiving donations in New York. Trump was using the foundation to pay-off personal debt and was also using the funds to help re-elect certain government officials.

“The Trump Foundation must immediately cease soliciting contributions or engaging in any other fund-raising activities in New York,” wrote James Sheehan, the chief of the charities bureau.

The Trump Foundation has raised millions of dollars over the years and most of this money was misreported or used in a fraudulent way.

“While we remain very concerned about the political motives behind A. G. Schneiderman’s investigation, the Trump Foundation nevertheless intends to cooperate fully with the investigation,” Hope Hicks, Mr. Trump’s spokeswoman, said in a statement on Monday. “Because this is an ongoing legal matter, the Trump Foundation will not comment further at this time.”

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