AG Schneiderman to Trump: CEASE & DESIST!
2pm EST: Yes, it looks as if New York State’s Attorney General is shutting down Donald Trump’s slush fund:
The New York attorney general’s office has served Donald Trump’s charitable foundation with a cease and desist order, ordering it to stop raising money in the state because it does not have the proper certification.
The order obtained by NBC News on Monday also asks the Donald J. Trump Foundation to send any delinquent financial reports to Attorney General Eric Schneiderman’s office within 15 days. The order is dated Sept. 30.
Schneiderman’s office opened a probe into the Republican presidential candidate’s foundation last month as multiple Washington Post reports raised questions about its use of funds. The newspaper first reported that the foundation, which has raised money from donors outside the Trump family for years, did not have the certification to do so.
It also found that Trump used the foundation’s money to settle legal disputes for his for-profit businesses and buy paintings of himself.
Trump campaign spokeswoman Hope Hicks said in a statement that it is concerned with the “political motivations” behind the investigation.
“The Trump Foundation nevertheless intends to cooperate fully with the investigation. Because this is an ongoing legal matter, the Trump Foundation will not comment further at this time,” said Trump campaign spokeswoman Hope Hicks in a statement.
Trump and his Democratic rival Hillary Clinton have accused one another of using charitable foundations for personal enrichment.
Here is the letter: