New York federal prosecutors are now investigating Trump’s inauguration spending.
Then-President elect Donald Trump received $107 million in donations to his inaugural committee and now the feds are launching a fishing expedition to see if the funds were misspent.
This new investigation stems from the April FBI raid of Trump’s former lawyer Michael Cohen’s home and office.
CNBC reported:
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 reported Thursday.
The Journal, citing people familiar with the matter, said 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 told the Journal.
“Giving money in exchange for political favors could run afoul of federal corruption laws,” The newspaper explained. “Diverting funds from the organization, which was registered as a nonprofit, could also violate federal law.”
After New York prosecutors turned the screws on Michael Cohen, they shifted their focus to President Trump.
Michael Cohen appeared in a Manhattan court Wednesday to face sentencing on nine charges and was sentenced to 36 months in prison.
The New York Prosecutors also revealed that they reached a non-prosecution agreement (for a non-crime) with the National Enquirer’s parent company AMI over Trump’s hush payment to Playboy bunny Karen McDougal.
The prosecutors reached a deal with AMI to tie President Trump to a campaign finance crime–which isn’t a crime.
President Trump must fight back; the Deep State is using federal prosecutors out of New York to harass and potentially imprison Trump.
This is a breaking story…please refresh page for updates.
