President Donald Trump on Thursday angrily lashed out at the New York Attorney General's office after it sued his family for allegedly conducting multiple illegal operations via the purportedly nonprofit Trump Foundation.
The lawsuit alleges that Trump Foundation raised in excess of $2.8 million in a manner created to influence the 2016 presidential election at the direction and under the control of senior leadership of the Trump presidential campaign, with the foundation raising funds from the public at the nationally televised fundraiser Trump held in lieu of participating in the presidential primary debate in Des Moines, Iowa, on January 28, 2016.
The attorney general is seeking to dissolve the foundation under court supervision and obtain restitution of $2.8 million, plus additional penalties.
The suit names Donald J Trump as a director of the Donald J Trump Foundation, alongside his sons Donald and Eric, and his daughter Ivanka.
Trump began tweeting soon after the charges were filed, dismissing the lawsuit as the work of "the sleazy New York Democrats" and claiming the foundation "took in $18,800,000 and gave out to charity more money than it took in, $19,200,000". He promised to shut it down in 2016 but could not while the NY investigation was ongoing.
Trump slammed the suit in series of tweets made nearly immediately after knowledge of it became public.
A section of the New York State lawsuit against the Trump Foundation
"In 2016, the board knowingly allowed the foundation to be coopted by Trump's presidential campaign", the suit says.
The lawsuit also accuses Mr. Trump of using the foundation's charitable assets to pay his legal bills and promote Trump businesses. I won't settle this case!,' he wrote.
Trump has already paid more than $330,000 in reimbursements and penalty taxes, Underwood said in the suit.
Underwood also asked that Trump be banned from leading any other state nonprofit for 10 years - seeking to apply a penalty usually reserved for the operators of small-time charity frauds to the U.S. president.
Prosecutors also want to bar Trump's three eldest children from the boards of nonprofits based in NY or that operate in NY for one year. Underwood said she has sent letters to the Internal Revenue Service and Federal Election Commission for further investigation. "The acting NYAG's recent statement that battling the White House is "the most important work [she] have ever done" shows that such political attacks will continue unabated".