Trump Organization possible criminal charges over hush-money payments
- Author: Anthony Vega Aug 27, 2018,
Aug 27, 2018, 1:46
In an extraordinary coincidence, Cohen's plea in New York City came within minutes of a jury in a federal courthouse in Alexandria, Va., announcing the conviction of Paul Manafort, Trump's former campaign chairman, also on eight felony counts.
The Trump Organization recorded the reimbursement as a legal expense.
As part of that probe, Cohen's offices were raided and investigators looked into his finances.
US President Donald Trump warned on Thursday (Aug 23) of a stock market crash if he were removed from office, playing his ace card - the economy - to stave off talk of impeachment.
Weighing in on whether Trump should sit for an interview with Mueller, Dershowitz contended that "it would be good for the American public if President Trump sat down and said everything he knows, but it wouldn't be good for President Trump".
The charges brought by federal prosecutors on Tuesday, which included a count of false statements to a bank and campaign-finance violations tied to payments he made to silence women who claimed affairs with Trump, also described a tax evasion scheme linked to Cohen's taxi medallion business. Just 20 percent said they hadn't seen news coverage about the ex-Trump lawyer.
With his back against the wall after one of the most damaging weeks of his presidency, Trump went on the attack Saturday.
Since then, Lanny Davis - Cohen's lawyer - has suggested his client had information about possible collusion between the Trump campaign and the Kremlin that he'd be willing to share with special counsel Robert Mueller.
Trump biographer Michael D'Antonio says the president may be surprised that he can't exert more control from the West Wing over his former friends and employees.
Additional key players, including Trump's long-time CFO, Allen Weisselberg, and American Media head David J. Pecker, have also begun to cooperate with Mueller.
His company allegedly was involved in the hush-money deals, involving payments to porn star Stormy Daniels and former Playboy model Karen McDougal to shut down allegations of affairs with President Trump.
There is no indication their cooperation extends beyond the scope of the Cohen probe.
According to The Times report, the DA's investigation would try to determine how the Trump Organization accounted for the reimbursement it paid Cohen, who was Trump's personal lawyer at the time he facilitated the $130,000 payment to Daniels in 2016. The tax department subpoenaed Cohen this week.
In February 2017, Cohen sent "Executive-1" an invoice seeking two monthly payments of $35,000 "pursuant to [a] retainer agreement, " according to court documents.