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Donald Trump's company allegedly violated Cuba trade embargo: Newsweek

CNBC.com staff
Donald Trump's company allegedly violated Cuba trade embargo: Newsweek

A company controlled by Republican presidential candidate Donald Trump secretly conducted business in Cuba in the late 1990s in violation of the long-running trade embargo, Newsweek reported Friday, citing interviews with former executives, internal company records and court filings.

MSNBC first unveiled details of the report late on Thursday.

Documents indicated that the Trump company, then called Trump Hotels & Casino Resorts, spent at least $68,000 in 1998, with Trump's knowledge, funneling the cash through a consulting firm so that it could appear legal by tying it to an after-the-fact charitable endeavor, the report said.

Trump's campaign did not immediately return an emailed request for comment sent outside office hours.

Read the full Newsweek report here.

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