Trump will repay $750K to settle inauguration lawsuit over hotel payments
ABC News
The Trump Organization has agreed to settle a lawsuit alleging that the Trump family misused nonprofit inauguration funds to enrich themselves in early 2017.
The Trump Organization and Donald Trump's presidential inaugural committee have agreed to settle a lawsuit brought by Washington, D.C., Attorney General Karl Racine over allegations that Trump and his family misused nonprofit inauguration funds to enrich themselves in early 2017.
The suit claimed that the nonprofit funds raised by the inaugural committee were improperly used for private benefit when the Trump campaign rented $1 million in ballroom space from Trump's Washington, D.C., hotel during the four days of inaugural festivities.
Trump's company will repay $750,000 to settle the suit, according to the terms of the settlement.
"After he was elected, one of the first actions Donald Trump took was illegally using his own inauguration to enrich his family," Racine said in a statement. "We refused to let that corruption stand."
