Friday, April 19, 2024
HomeNewsDC AG Announces Recovering Money From Trump Organization 

DC AG Announces Recovering Money From Trump Organization 

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DC Attorney General Karl Racine announced his office clawed back a total of $750,000 from the Trump Organization and the Trump Inaugural Committee and redirected it to DC nonprofits supporting youth education.

“By clawing back these funds, we’re sending a clear message that if you violate DC nonprofit law—no matter how powerful you are—you’ll pay,” Racine said in a statement, adding that his office “refused to let that corruption stand.”

The money was regained as a result of a lawsuit filed by the Office of the Attorney General (OAG) two years ago in order to recover nonprofit funds which were used to enrich Donald Trump‘s family through the activities of the ex-president’s inaugural committee, according to Racine.

The lawsuit claimed the wrongful use of the funds occurred via the overpayment of the Trump Hotel in return for events held on its premises, including a private party for Trump’s adult children, as well as paying down the Trump Organization’s debt.

Racine assured DC residents that the recovered amount will be redirected to DC Action and Mikva Challenge DC, which are both nonpartisan nonprofits focused on empowering young people. 

“I’m proud we could turn the page on Trump’s corruption by investing in the next generation of District leaders, all while ensuring that the law is followed and nonprofit funds are used properly,” the DC Attorney General said.

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