Cohen, Trump’s Ex-Lawyer, Investigated for Bank Fraud in Excess of $20 Million - News Summed Up

Cohen, Trump’s Ex-Lawyer, Investigated for Bank Fraud in Excess of $20 Million


Federal authorities investigating whether President Trump’s former personal lawyer and fixer, Michael D. Cohen, committed bank and tax fraud have zeroed in on well over $20 million in loans obtained by taxi businesses that he and his family own, according to people familiar with the matter. Investigators are also examining whether Mr. Cohen violated campaign finance or other laws by helping to arrange financial deals to secure the silence of women who said they had affairs with Mr. Trump. Any criminal charges against Mr. Cohen would deal a significant blow to the president. Mr. Cohen, 52, worked for the president’s company, the Trump Organization, for more than a decade. He was one of Mr. Trump’s most loyal and visible aides and called himself the president’s personal lawyer after Mr. Trump took office.


Source: New York Times August 19, 2018 22:55 UTC



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