President blasts Trump Foundation lawsuit

New York attorney general sues Trump Foundation

New York's attorney general on Thursday sued the Donald J. Trump Foundation, President Donald Trump, and others, and is seeking to dissolve the foundation after what she called its "persistent illegal conduct" over more than a decade.

"The Trump Foundation was little more than a checkbook for payments from Mr. Trump or his businesses to non-profits, regardless of their goal of legality", Underwood said in a statement.

New York Attorney General Eric Schneiderman speaks during a news conference to discuss the civil rights lawsuit filed against The Weinstein Companies and Harvey Weinstein in New York on February 12, 2018.REUTERS/Brendan McDermid Schneiderman, Underwood's predecessor who started the investigation, resigned last month after allegations of abusing multiple women were made public.

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The president quickly took to Twitter to respond to the accusations, hitting out at "The sleazy New York Democrats" and vowing not to settle the case.

The lawsuit says the foundation illegally helped support the Republican's campaign by raising money at a nationally televised fundraiser in January 2016, then allowing campaign staffers to dictate how the money was spent in grants.

"Our investigation found that the Trump Foundation raised in excess of $2.8 million in a manner created to influence the 2016 presidential election at the direct and under the control of the senior leadership of the Trump presidential campaign", the attorney general said. Trump allegedly used the Donald J. Trump Foundation to pay off creditors, settle legal disputes for his businesses, and, in one case, buy a $10,000 portrait of himself. The AG's office wants the foundation dissolved. Now he resigned his office in disgrace, and his disciples brought it when we would not settle, ' he wrote.

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"This is politics at its worst", the foundation said in a statement. The suit seeks $2.8 million in restitution and the dissolution of the foundation.

President Donald Trump waves as he arrives on the South Lawn of the White House in Washington, Monday, Aug. 14, 2017. According to the investigation, the Trump Foundation also entered into at least five self-dealing transactions that were unlawful because they benefited Trump or businesses he controls. He promised to shut it down in 2016 but could not while the NY investigation was ongoing.

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