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Trump Inaugural Committee Reportedly Probed for Fraud, Money Laundering & More

As multiple investigations spanning Trump, his campaign, his companies and his foundation have already been underway for quite some time, a new report coming from ABC News indicates that investigators in the Southern District of New York are probing yet another avenue for possible wrongdoing.

Investigators in New York have reportedly sought records via a subpoena of the Trump Inaugural Committee. The committee, which received over $107 million in donations, is said to be under investigation for crimes including conspiracy to defraud the US, money laundering, mail fraud and false statements.

“We have just received a subpoena for documents. While we are still reviewing the subpoena, it is our intention to cooperate with the inquiry,” a spokesperson for the committee told reporters.

While there is no limit to the amount of money that donors can contribute, there have been questions regarding whether or not wealthy donors provided money to the committee in exchange for favorable policy concessions, or special access to the incoming president. According to the New York Times, it also appears as if prosecutors are examining whether or not foreign funds were filtered into the committee illegally, and where those funds eventually went.

While the committee raised more than 200% of what President Obama had raised in 2008, it held fewer events, while $42 million in spending had never been accounted for.

According to the Washington Post, prosecutors are seeking material related to donors, contractors, vendors, committee bank accounts and any foreign contributors, while also examining training documents for fundraisers, possible payments that donors made directly to vendors, and any benefit that donors received in exchange for funds.

While no investigation should be viewed as a sure sign of wrongdoing, this is yet another avenue prosecutors are taking, away from the Mueller probe, which could very well place the President and his associates in eventual hot water.



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