Report: Criminal Investigation Underway Regarding Trump’s Inauguration Spending
Federal prosecutors in NY are investigating whether Donald Trump’s inaugural committee misspent $107 million in donations. Investigators are also examining whether top donors gave money in exchange for access to the Trump administration.
“Giving money in exchange for political favors could run afoul of federal corruption laws and diverting funds from the organization, which was registered as a nonprofit, could also violate federal law,” the Wall Street Journal reports.
The investigation is a result of federal prosecutor’s April raids on Michael Cohen, Trump’s former personal attorney, according to the Journal report.
Agents seized a recorded conversation between Cohen and Stephanie Winston Wolkoff, Melania Trump’s former adviser. Wolkoff, who worked on the inaugural committee, in which she expressed concern about how the inaugural committee was spending donations.
The criminal probe is in its early stages at the Manhattan U.S. attorney’s office is looking at whether some of the inaugural committee’s biggest donors gave money in exchange for policy concessions, access to the Trump administration or to influence various official positions within the administration.
The inaugural committee says it has not been contacted prosecutors. “We are not aware of any evidence the investigation the Journal is reporting actually exists,” said a lawyer close to the matter.