President Trump’s former personal attorney, Michael Cohen, is making a deal with federal prosecutors, Fox News has learned. Federal investigators have been looking into his business dealings, including payments to women who alleged affairs with Trump and his cab company. Bank and tax fraudInvestigators are looking into whether Cohen committed bank fraud on over $20 million worth of loans pertaining to a taxi business he and his family owned. At issue, as well, is how Cohen’s company handled dozens of taxi medallions and if income from those were properly reported to the Internal Revenue Service. Additionally, investigators are looking into whether Cohen committed bank fraud by using a home-equity line of credit to pay Daniels.
Source: Fox News August 21, 2018 19:01 UTC