Trump used charity money to buy his own portrait because no one else would: lawyers

[babylonsister]

Trump used charity money to buy his own portrait because no one else would: lawyers
By Julia Marsh
October 25, 2018 | 2:36pm | Updated


Donald Trump had no choice but to blow $10,000 in charity money on a giant painting of himself — because no one else wanted it, his lawyers claimed in court Thursday.

Trump picked up the infamous painting — now at the center of a lawsuit brought by the state attorney general who alleges suspect spending by the charity — during a 2014 auction benefiting The Unicorn Foundation at his Mar-a-Lago country club in Florida.

“So Mr. Trump donates $10,000 to start the bidding, and then when the bidding goes on and no one else bids, they’re stuck with the painting,” his attorney Alan Futerfas told Manhattan Supreme Court Judge Saliann Scarpulla as he asked for the case to be dismissed.

And so the “Art of the Deal” author got the raw end of the deal and wound up having to plunk down $10,000 on the portrait. But rather than fork over the dough himself, Trump billed his own Donald J. Trump Foundation for the cost.

more...

https://nypost.com/2018/10/25/trump-used-charity-money-to-buy-his-own-portrait-because-no-one-else-would-lawyers/?fbclid=IwAR3I39-4rXHer5zqbFZdVv-Sn85x8wOVGbAbIHgN76o_3iKnhErLJDa5SGw

[dixiegrrrrl]

1. He also billed his own corporation for a yacht he owned.

From something I posted earlier about him:

Trump bought the yacht, because it was then a record size. He re-named it Princess, and docked it near his Atlantic City casinos, used it for private parties, etc.
The docking fees were something like 400,000, which he billed to his own corporation, which was paying him....
so in effect, he paid himself the money, but it was deductible as a business expense for the corporation.

https://www.democraticunderground.com/100211320460

[C_U_L8R]

2. That's such blatant bullshit

Nothing prevented Trump from opening his own wallet. Instead, he illegally directed his 'non-profit' to cover his personal expense. I hope the judge laughed them out of court.

[Solly Mack]

3. Snort.

Sad crooked fuck.

[demigoddess]

4. surprise, surprise, surprise says Gomer Pyle.

[gratuitous]

5. I'm not wealthy or worth TEN BILLION DOLLARS

But I could fork over $10,000 if I made a reckless auction bid. I've done it before (made a reckless bid, but nowhere near the neighborhood of ten grand). Not only does Trump overvalue his portrait, he can't even pungle up his own money to pay for his misjudgment. I don't think that was an expenditure the people who gave money to the Trump Foundation thought they were funding. Trump's a well-known fraud, but in this instance, he's a cheap, chiseling fraud for what should be a paltry amount of money.

Unless, of course, $10,000 would put a serious crimp in his bank account. Maybe if the American people had a look at his tax returns we could get to the bottom of this?