Trump funnelled money from donors into private business after election loss, report finds

Donald Trump has funnelled thousands of dollars from his donors into his private business after his loss in the 2020 presidential election.

The former president’s reelection campaign moved roughly $2.8 million from donors into the Trump Organisation over his term, including at least $81,000 since Mr Trump lost the election, according to Forbes, based on campaign finance reports submitted to the Federal Election Commission. .

One of his campaign’s joint-fundraising groups working with the Republican Party also moved another $4.3 million from donors into the former president’s business over the course of his time in office, including $331,000 after Election Day.

A week after news media outlets called the results of the election for Joe Biden, a joint-fundraising committee paid his hotels nearly $300,000 for room rentals, space and catering.