Charges were filed by the state of New York regarding the illegal manner in which Trump Foundation funds were disbursed for political campaigning purposes. The filing noted the charity’s “persistently illegal conduct.”
The charity had also been used to purchase a 6-foot tall portrait of Trump, and shifted away funds earmarked for cancer-stricken children.
Trump tweeted his anger at the unfairness of the situation, claiming that he would never settle.
Trump was then ordered by the court to pay $2 million to settle charges over his fraudulent charity, which he agreed to later that year. He had made similar claims about Trump University before it was also shut down and he was forced to settle for $25 million.
The Washington Post – New York files suit against President Trump alleging his charity engaged in illegal conduct
Reuters – Trump charity to dissolve under deal with N.Y. attorney general
Talking Points Memo – Trump Coughs Up $2 Million To Settle Charges Over His Scammy Foundation
Wikipedia – Donald J. Trump Foundation