Trump inauguration spending reportedly under criminal investigation by federal prosecutors

‘BREAKING: Trump inauguration spending under criminal investigation by federal prosecutors; probe partly arises out of materials seized in investigation of Michael Cohen – Dow Jones’

Manhattan-based federal prosecutors are investigating whether some of the $107 million in donations to then-President elect Donald Trump’s inaugural committee were misspent, The Wall Street Journal reports.

The Journal, citing people familiar with the matter, says the investigation arose in part from the slew of materials seized in April raids on Trump’s former personal lawyer, Michael Cohen, by federal prosecutors.

The criminal probe is also looking into whether some of the committee’s top spenders traded money for access to the incoming Trump administration, as well as “policy concessions or to influence official administration positions,” sources tell the Journal.

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