Like the swindler he is, the president used charity money for veterans to pay off his own debts.
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As part of the settlement, Mr. Trump, who at first dismissed the suit as a political attack, made 19 detailed admissions, acknowledging, for example, that the foundation had purchased the $10,000 portrait of himself that was ultimately displayed at one of his Florida hotels.
He admitted to using the foundations money to settle obligations of some of his for-profit companies, including a golf club in Westchester County, N.Y., and Mar-a-Lago, his private club in Florida which he frequently visits.
And he admitted that the foundation had given his presidential campaign control over about $2.8 million that the foundation had raised at a veterans fund-raiser in Iowa in January 2016. Mr. Trump acknowledged the fund-raiser was in fact a campaign event.
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As part of the settlement, Mr. Trumps three children who were officers of the foundation Eric Trump, Donald Trump Jr. and Ivanka Trump were ordered to undergo mandatory training to ensure they do not engage in similar misconduct in the future.
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