Tuesday, November 22, 2016

Trump admitted to IRS embezzlement from his charity

Painter Michael Israel poses with Donald and Melania Trump in 2007 at Trump's Mar-a-Lago Club. Trump spent $20,000 that belonged to the Donald J. Trump Foundation to buy a six-foot-tall portrait of himself painted by Israel to decorate his estate. (Michael Israel)
It is important to understand that money and assets of the Donald J. Trump Foundation DO NOT belong to Donald Trump.  It's not his money to do with as he pleases and most the money in the DJT Foundation did NOT come from Donald. "Self-dealing" is just a euphemism for embezzling.  Not that anyone cares.

The latest from David Fahrenthold at the Washington Post,
President-elect Donald Trump’s charitable foundation has admitted to the IRS that it violated a legal prohibition against “self-dealing,” which bars nonprofit leaders from using their charity’s money to help themselves, their businesses or their families.
That admission was contained in the Donald J. Trump Foundation’s IRS tax filings for 2015, which were recently posted online at the nonprofit-tracking site GuideStar. A GuideStar spokesman said the forms were uploaded by the Trump Foundation’s law firm, Morgan, Lewis and Bockius.
You can read all about it here.

David has been all over the DJT Foundation story and deserves a Pulitzer for his work.   Follow David on Twitter here.

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