When Eric Trump raises money for kids' cancer charities at his annual Eric Trump Foundation golf invitational, he boasts that his events are super-efficient because he holds them at his dad's Trump National Golf Club in Westchester County, New York, where "We get to use our assets 100% free of charge." He lied.
In actual fact, Eric Trump funneled $1.2 million of the raised money to his father's business, in the form of payments for use of the golf course, with "no documented recipients," which "defy any reasonable cost justification for a one-day golf tournament."
The Eric Trump Foundation also allowed the Donald Trump Foundation to suck at least $100,000 out of its coffers and treat them as Trump Organization revenues. Another $500,000 raised in Eric Trump's golf tournament was directed to other, non-kids' cancer charities, including "charities" that were just fronts for Donald Trump, at least four of which went on to pay that money to the Trump Organization in the form of payments for other "charity golf tournaments."
The frauds began when Donald Trump asserted control over the Eric Trump Foundation, packing its board with his cronies.
All of this seems to defy federal tax rules and state laws that ban self-dealing and misleading donors. It also raises larger questions about the Trump family dynamics and whether Eric and his brother, Don Jr., can be truly independent of their father.
Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump.
How Donald Trump Shifted Kids-Cancer Charity Money Into His Business
(Image: Students for Trump
(Thanks, Fipi Lele!)
Before being convicted of felony securities fraud, smirking cartoon villain pharma-douche-bro Martin Shkreli had to be tried in front of a jury and this presented a unique problem because everyone hates Martin Shkreli, and thus more than 100 jurors were dismissed from the pool during pre-trial questioning. Here are some of the statements that led […]
HB 214 signed into law by Texas Governor Greg Abbott [R], bans abortion coverage from all public and private health insurance plans, and mandates that abortion insurance be sold as a separate product to women who are concerned that they’ll need an abortion in future due to risks to their lives, unplanned pregnancies, unviable pregnancies, […]
CJ Hunt was at the neo-Nazi rally in Charlottesville when he spotted this young man in white supremacist uniform (white polo and khakis) running away from counterdemonstrators, then turning abruptly and stripping off while insisting that he was not really a Nazi and had just shown up for fun.
The Pry.Me Bottle Opener holds tens of thousands of times its own weight, and you can pick one up now from the Boing Boing Store.This remarkable keychain is considerably smaller than any of your keys, but don’t let that fool you: it can easily open any bottle, and could even tow a trailer full of […]
Guaranteeing your privacy online goes way beyond checking the “Do Not Track” option in your browser’s settings. To ensure that your internet activity is totally hidden from Internet Service Providers, advertisers, and other prying eyes, take a look at Windscribe’s VPN protection. It usually costs $7.50 per month, but you can get a 3-year subscription […]
This project management bundle will help you get organized and learn how to lead a team to success. You can pay what you want for these five courses when you pick them up from the Boing Boing Store.To help you become an invaluable asset for your company, this bundle includes a curated collection of professional […]