New York State Attorney General Eric Schneiderman has just announced that he is launching an investigation into the Trump Foundation.
The activities of the Trump Foundation have long been under intense scrutiny, through such revelations as an illegal 2013 donation from the Trump Foundation to Florida State Attorney General Pam Bondi, who at the time was mulling over launching a formal investigation into Trump University.
Bondi dropped the pending investigation immediately after receiving the donation, and both she and Trump are still under scrutiny for the shady cash transfer.
Trump University was the real estate mogul’s long-ago discredited money-making scheme that presented itself as teaching Trump’s “secrets to success” to those who participated. The catch was the price tag to be a part of the “school,” which was nearly equal to if not more than the cost to attend an actual university.
Trump University was shut down among allegations of fraud, but not before program participants in both New York and Florida experienced considerable financial ruin because of the “school’s” hefty price tag that offered virtually no real instruction.
The Trump University scandal has figured prominently in the Republican presidential nominee’s quest for the presidency thus far, with New York’s Schneiderman also leading a longstanding investigation into the “school.”
Another point of interest for authorities is the corrupt handling of the $5 million that Trump raised “for veterans’ organizations” which ended up going through his Foundation.
On top of everything else, the Washington Post reports that the businessman turned presidential candidate “spent $20,000 of money earmarked for charitable purposes to buy a six-foot-tall painting of himself.”
Thus, impropriety with money certainly seems to be a trend within the Trump Foundation, and the New York State Attorney General’s office intends to investigate.
Schneiderman told CNN’s Jake Tapper on Tuesday of the Trump Foundation investigation:
‘My interest in this issue really is in my capacity as regulator of non-profits in New York state. And we have been concerned that the Trump Foundation may have engaged in some impropriety from that point of view.’
According to POLITICO, Schneiderman “indicated that if elected, Trump could be called in to testify as president or president-elect.”
That’s right, while opponents of Democratic presidential nominee Hillary Clinton claim that she is the “corrupt one,” Donald Trump is sitting not on only one but two pending investigations which could see him testify in a court of law as either the pending or sitting leader of the United States of America.
He is neck and neck with Clinton, effectively tied with her in national polls and only barely behind her in electoral college models.
Watch a video segment on the launch of the Trump Foundation investigation below via POLITICO.
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