Eric Trump’s Foundation Under Investigation in New York

Eric Trump, Son of US President Donald Trump — Wikimedia Commons

New York State Prosecutor Eric Schneiderman is investigating the destination of a portion of the funds raised by the foundation of Eric Trump, son of the president of the United States, who could have fed the pockets of the Trump Organization.

The Eric Trump Foundation was created in 2007 with a mission to contribute to children’s cancer research programs at St. Jude Hospital in Memphis, Tennessee.

To raise funds, the foundation organized a golf tournament every year on one of the golf courses belonging to Eric Trump’s father’s private group, the Trump National Golf Club, north of New York.

The course and facilities were initially graciously rented out by the Trump Organization. But starting in 2010, the bill has substantially increase, according to a report published on the site of Forbes magazine.

While the cost of organizing the tournament was usually less than $ 50,000, it jumped, reaching $ 322,000 in 2015, according to tax returns consulted by the magazine.

Forbes is questioning the destination of a portion of those funds, especially as Eric Trump, questioned by the magazine, ensured that the bill turned around $ 100,000.

To clarify these shadow zones, prosecutor Eric Schneiderman has therefore opened an investigation, according to a statement recorded by AFP.

For the record, in order to avoid any conflict of interest, Eric Trump, according to himself, has put his foundation on hibernation at the end of 2016, after his father’s election to the presidency of the United States.

Abbad Farid

Abbad holds a degree in Journalism from the University of Cumbria and covers mostly world news for The Talking Democrat