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New York attorney general sues Trump Foundation, alleging illegal activity

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New York attorney general sues Trump Foundation, alleging illegal activity

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New York Attorney General Barbara Underwood sued President Donald Trump and his charitable foundation on Thursday, alleging that the president and his adult children illegally used the private foundation for personal, business, and political expenses.

The lawsuit alleges illegal activity that took place over more than a decade, including "extensive unlawful political coordination with the Trump presidential campaign, repeated and willful self-dealing transactions to benefit Mr. Trump's personal and business interests, and violations of basic legal obligations for non-profit foundations."

"As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his businesses to nonprofits, regardless of their purpose or legality," Underwood said in a statement. "This is not how private foundations should function and my office intends to hold the Foundation and its directors accountable for its misuse of charitable assets."

The attorney general is seeking to dissolve the foundation under court supervision and obtain restitution of $2.8 million, plus additional penalties.

This is a breaking news story, please check back for updates.