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Cohen to testify Trump used $60,000 from charitable organization to pay for self portrait

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Michael Cohen on Wednesday will testify that President Trump directed his charitable organization to repay a fake bidder for a portrait of himself, according to…
Michael Cohen on Wednesday will testify that President Trump directed his charitable organization to repay a fake bidder for a portrait of himself, according to a copy of his prepared remarks obtained by The Hill.
The president’s former longtime lawyer and fixer, who will testify before the House Oversight and Government Reform Committee on Wednesday, claims that the portrait now hangs in one of Trump’s country clubs.
“Mr. Trump directed me to find a straw bidder to purchase a portrait of him that was being auctioned at an Art Hamptons Event,” Cohen plans to say. “The objective was to ensure that his portrait, which was going to be auctioned last, would go for the highest price of any portrait that afternoon.”
“The portrait was purchased by the fake bidder for $60,000,” Cohen will say. “Mr. Trump directed the Trump Foundation, which is supposed to be a charitable organization, to repay the fake bidder, despite keeping the art for himself.

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