The New York Times reports:
The Trump family business and President Donald J. Trump’s 2017 inauguration committee have jointly agreed to pay $750,000 to settle a lawsuit filed by the attorney general for the District of Columbia, who claimed that the Trump International Hotel in Washington illegally received excessive payments from the inauguration committee. The settlement in the civil suit came with no admission of wrongdoing by the Trump Organization, the former president or the inaugural committee.
But the payment amounted to nearly three-quarters of the $1.03 million that the lawsuit, filed by Attorney General Karl Racine of Washington, said had been paid to Mr. Trump’s hotel by the nonprofit inaugural committee to rent out space at what Mr. Racine asserted was an above-market rate and then use it in part to host a private reception for Mr. Trump’s children on the evening he was sworn in as president.
Read the full article.
This is the second major settlement over misuse of nonprofit funds by the Trump family in recent years, as it also was ordered to pay $2 million back for misuse of Trump Foundation donations. https://t.co/h7d7ixD95r
— Eric Lipton (@EricLiptonNYT) May 3, 2022