• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Federal Prosecutors Investigate Trump Inauguration Spending, Report Says

By
Glenn Fleishman
Glenn Fleishman
By
Glenn Fleishman
Glenn Fleishman
December 13, 2018, 5:56 PM ET

President Donald Trump’s inauguration is under investigation by federal prosecutors, who are examining whether organizers misspent some of the record $107 million raised privately for events celebrating his assumption of office, the Wall Street Journal reports.

The report also states that attorneys will look into whether some donations to the non-profit inauguration committee were given in exchange for administration privileges, like access to officials, changes in policy, or even offers for positions in government.

If the investigation finds any of that behavior, it could result in federal charges for laws governing non-profit spending and those intended to deter government corruption.

The Journal said that the probe originates in the South District of New York, which just completed a successful prosecution of Michael Cohen, Trump’s former lawyer and fixer. Cohen pleaded guilty in August, offered information to New York prosecutors and the special counsel’s team, and received a three-year sentence on Dec. 12.

The inauguration investigation arose from papers seized during the probe of Cohen, the Journal reported, based on “people familiar with the matter.”

A recording of a conversation between Cohen and former advisor to Melania Trump, Stephanie Winston Wolkoff, was reportedly found among Cohen’s materials. Wolkoff allegedly told Cohen she had concerns about how inaugural funds were being spent.

Melania Trump severed relations with Wolkoff in February amid reporting that Wolkoff had received $26 million from the inauguration committee.

About the Author
By Glenn Fleishman
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.