December 2018, President Trump has agreed to shut down his embattled personal charity and to give away its remaining money amid allegations that he used the foundation for his personal and political benefit, New York Attorney General Barbara Underwood announced Tuesday.
In 2011, the company (Trump University) became the subject of an inquiry by the New York Attorney General's office for illegal business practices that resulted in a lawsuit filed in 2013. Trump settled all three lawsuits in November 2016 for a total of $25 million after being elected to the presidency. After multiple lawsuits, Trump University is now defunct.
It was the highest penalty ever levied by the U.S. federal government against a casino. On August 3, 2016, it was announced that the Trump Taj Mahal would close after Labor Day, because of casino workers on strike. It was closed on October 10, 2016.
ATLANTIC CITY — The Trump Plaza Casino and Hotel is now closed, its windows clouded over by sea salt. Only a faint outline of the gold letters spelling out T-R-U-M-P remains visible on the exterior of what was once this city’s premier casino.
Not far away, the long-failing Trump Marina Hotel Casino was sold at a major loss five years ago and is now known as the Golden Nugget.
At the nearly deserted eastern end of the boardwalk, the Trump Taj Mahal, now under new ownership, is all that remains of the casino empire Donald J. Trump assembled here more than a quarter-century ago. Years of neglect show: The carpets are frayed and dust-coated chandeliers dangle above the few customers there to play the penny slot machines.