Trump Organization will pay $750,000 to settle with DC Attorney General in case involving funds used in 2017 inauguration
CNN
The Trump Organization and the Presidential Inaugural Committee will pay a total of $750,000 to settle with the Washington, DC, attorney general's office over allegations they misspent money raised for former President Donald Trump's inauguration.
The Trump Organization will pay $400,000 and the PIC will pay $350,000, according to a person familiar with the settlement. As part of the deal, the money will be directed to two DC nonprofits, DC Action and Mikva Challenge DC, the DC attorney general's office said.
In announcing the settlement, DC Attorney General Karl Racine said, "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. With our lawsuit, we are now clawing back money that Trump's own inaugural committee misused."
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