D.C. Attorney General Reaches $750,000 Settlement Over Trump Inaugural Committee Lawsuit

[HipKat]

 

Former President Donald Trump’s inaugural committee reached a $750,000 settlement on Tuesday resolving longstanding litigation, which accused the committee, Trump International Hotel and the Trump Organization of illegally using non-profit money to enrich his family.

In January 2020, D.C. Attorney General Karl A. Racine (D) sued the committee and corporations for allegedly misspending non-profit funds for Trump’s benefit.

The top prosecutor characterized the deal resolving the litigation as vindication.

“After he was elected, one of the first actions Donald Trump took was illegally using his own inauguration to enrich his family. We refused to let that corruption stand,” Racine wrote in a statement. “With our lawsuit, we are now clawing back money that Trump’s own inaugural committee misused. Instead, we’re giving it to District nonprofits that will use those funds to help support civic engagement for the next generation of District leaders. No one is above the law—not even a president. Nonprofit funds cannot be used to line the pockets of individuals, no matter how powerful they are. Now any future presidential inaugural committees are on notice that they will not get away with such egregious actions.”

Like many settlements of its kind, it eschews any acknowledgement of wrongdoing.

“To avoid the cost, burden, and risks of further litigation, the Parties now agree to resolve these disputed claims through entry of this Order without it being in any way deemed or construed as an admission of wrongdoing, unlawful conduct, or liability on the part of Defendants,” the eight-page agreement states.

Counsel for the 58th Presidential Inaugural Committee (PIC) made sure to note that clause in a statement.

“As the settlement states, the PIC continues to dispute all of the Attorney General’s claims and remains confident that had this case gone to trial, the PIC would have prevailed based on the evidence,” attorney Lee Blalack told Law&Crime.

The lawyer continued to characterize the monetary award as a “prudent” option made in consultation with its insurer.

“While the Attorney General sought no monetary damages from the PIC, the PIC and its insurer determined that settlement was prudent simply to avoid the significant costs of litigating these baseless allegations through trial,” Blalack said. “Indeed, it would have required the PIC’s insurer to spend double the amount of this insurance settlement just to try this case to verdict, and thus this modest settlement payment only makes common sense. Now more than five years after completing its 2017 inaugural responsibilities, the PIC, which today exists exclusively to respond to this litigation, can finally wind down its affairs.”

Though the settlement will avert a trial, the more than two-year course of pre-trial wrangling has not been without public revelations.

Just months after the lawsuit’s filing, a D.C. judge found the allegations had been pleaded plausibly enough to proceed. It had been a thorn in the side of the Trump family ever since. The case led to depositions of Ivanka Trump and Donald Trump Jr. It also involved Ivanka Trump’s emails with her father’s ex-campaign aide Rick Gates.

In one email from December 2016, Melania Trump’s ex-senior adviser Stephanie Winston Wolkoff questioned hotel expenditures that Racine found to have been “grossly overpaid.”

“Please take into consideration that when this is audited it will become public knowledge that locations were also gifted and costs underwritten to lower rental fees,” Wolkoff told Gates, with Ivanka Trump copied to the message. “I understand that compared to the original pricing this is great but we should look at the whole context. In my opinion the max rental fee should be $85,000 per day.”

That email was sent hours after Gates sent the following message:

Stephanie-
Here is the revised pricing for the Trump Hotel following my conversation with Mickael. Much better rate.

Ivanka – thank you for your help.

Regards,
Rick

Among the many claims of the lawsuit, Racine alleged that the committee dramatically overpaid the Trump Hotel for event space, threw a private party for the former president’s adult children, and paid a private debt owed by the Trump Organization.

Quote

5 82310530v.1 FOR DEFENDANT 58th PRESIDENTIAL INAUGURAL COMMITTEE: By: Dated: Title: FOR DEFENDANT TRUMP OLD POST OFFICE, LLC: By: Dated: Title: FOR DEFENDANT TRUMP ORGANIZATION LLC: By: Dated: Title: 4/22/2022 General Counsel General Counsel 4/22/2022 4/22/2022 CEO

 

[Philly'sFinest]

[Professor Pigworth]

After reading the article and then looking at this photo, try writing a caption. They practically write themselves.

Here below are three off the top of my head. 

"If you ain't grifting, you ain't trying."

"I swear I was just temporarily lining the pocket of my jacket with this money to block a hole in it."

"Sure, I had to settle, but that was only to make the unfair witch hunt by my crazy political enemies go away."

[Philly'sFinest]

1 minute ago, Professor Pigworth said:

After reading the article and then looking at this photo, try writing a caption. They practically write themselves.

Here below are three off the top of my head. 

"If you ain't grifting, you ain't trying."

"I swear I was just temporarily lining the pocket of my jacket with this money to block a hole in it."

"Sure, I had to settle, but that was only to make the unfair witch hunt by my crazy political enemies go away."

Imagine calling a billionaire a grifter after he lost hundreds of millions by working for free as president. 

The word stupid doesn't do justice 

[Professor Pigworth]

Just now, Philly'sFinest said:

Imagine calling a billionaire a grifter after he lost hundreds of millions by working for free as president. 

The word stupid doesn't do justice 

And imagine someone actually believing that working for free as president was anything more than a gimmick designed to fool the suckers who can't see him for what he really is.

[Philly'sFinest]

1 hour ago, Professor Pigworth said:

And imagine someone actually believing that working for free as president was anything more than a gimmick designed to fool the suckers who can't see him for what he really is.

And yet you claim he is a grifter when he was a billionaire that lost a nice chunk of his wealth during his time as president.

Keep your nose in your own barn, Piggy. You're misinformed/uneducated in this country

[Professor Pigworth]

1 hour ago, Philly'sFinest said:

And yet you claim he is a grifter when he was a billionaire that lost a nice chunk of his wealth during his time as president.

Keep your nose in your own barn, Piggy. You're misinformed/uneducated in this country

I don't think anyone here needs to claim Donald is a grifter. The record shows that he is one. 

Let me see if I understand something correctly. You think that you're proving your superiority by resorting --and not for the first time -- to cynical insults and name-calling? 

Why do you feel so threatened by another person's opinion that differs from yours?

[HipKat]

4 hours ago, Professor Pigworth said:

And imagine someone actually believing that working for free as president was anything more than a gimmick designed to fool the suckers who can't see him for what he really is.

 

Trump made $1.6 billion while president, according to financial disclosures

• Donald Trump made at least $1.6 billion during his single term as US president.
• He could have made as much as $1.79 billion, according to financial disclosures.
• Much of the revenue came from Mar-a-Lago, his hotel in DC, and his American golf courses.

 

Ivanka Trump, Jared Kushner made up to $640 million while working in the White House

Ivanka Trump and Jared Kushner — former President Donald Trump's daughter and son-in-law, respectively — declined to take government salaries while working in Trump's White House, partly to sidestep anti-nepotism laws. But they earned between $172 million and $640 million in outside income while working in the White House, the watchdog group Citizens for Responsibility and Ethics in Washington (CREW) reported Monday, citing its review of financial disclosures.

 

 

 

[Professor Pigworth]

31 minutes ago, HipKat said:

 

Trump made $1.6 billion while president, according to financial disclosures

• Donald Trump made at least $1.6 billion during his single term as US president.
• He could have made as much as $1.79 billion, according to financial disclosures.
• Much of the revenue came from Mar-a-Lago, his hotel in DC, and his American golf courses.

 

Ivanka Trump, Jared Kushner made up to $640 million while working in the White House

Ivanka Trump and Jared Kushner — former President Donald Trump's daughter and son-in-law, respectively — declined to take government salaries while working in Trump's White House, partly to sidestep anti-nepotism laws. But they earned between $172 million and $640 million in outside income while working in the White House, the watchdog group Citizens for Responsibility and Ethics in Washington (CREW) reported Monday, citing its review of financial disclosures.

 

 

 

There you go again, using facts when you know Donald's worshippers are impervious to facts.

 

[SackMan518]

55 minutes ago, HipKat said:

Trump made $1.6 billion while president, according to financial disclosures

• Donald Trump made at least $1.6 billion during his single term as US president.
• He could have made as much as $1.79 billion, according to financial disclosures.
• Much of the revenue came from Mar-a-Lago, his hotel in DC, and his American golf courses.

 

Donald Trump's wealth takes tumble during presidency (BBC)

Donald Trump's net worth dropped by about $700m to $2.3bn (£1.65bn) during his time as president, according to the Bloomberg Billionaires Index.

The lawsuit was total weaksauce. The only thing they had him on was allegedly inflated hotel rates from his non-profit fund which now sets a precedent for every politician since they're all doing the same thing with their campaign and non-profit funds. Meanwhile, our current PINO hasn't been charged for any of his far more egregious grift over the years. Looks more like Trump gave them $750K for a pyrrhic victory that could come back to haunt certain Democrats when faced by overzealous Republican prosecutors. For every knife the Uniparty sinks in him they set them selves up to be cut by a giant broadsword.