Home United States USA — Financial Trump's ex-attorney reaches plea deal with feds

Trump's ex-attorney reaches plea deal with feds

333
0
SHARE

President Trump's former longtime personal attorney is expected to enter a plea related to tax fraud and campaign finance
Reporting by Paula Reid and Pat Milton
Former longtime Trump attorney Michael Cohen is expected Tuesday to plea to felony charges, including ones related to tax fraud and campaign finance, according to two people familiar with the matter.
Cohen surrendered himself to the FBI in New York and is now in the custody of federal authorities. He is scheduled to enter his plea in federal court in Manhattan at a 4 p.m. proceeding.
This has been expected to be a straight plea deal to resolve the case against him. But any cooperation from Cohen could help him during sentencing. Cohen went back and forth all morning over whether to take the deal.
Investigators have been probing whether Cohen committed bank or tax fraud in connection with his financial and business dealings including loan activities. Investigators have also been interested in whether Cohen violated any campaign finance-related laws by helping arrange payment deals to secure the silence of women who claimed they had affairs with Mr. Trump.
NBC News first reported Tuesday that Cohen was engaged in negotiations over a possible plea deal.
Cohen has had a front-row seat to Mr. Trump’s business dealings for years. And as CBS News has previously reported, Cohen has indicated he is willing to tell special counsel Robert Mueller that Mr. Trump was aware of the 2016 Trump Tower meeting before it took place, although he has shown no evidence to support this claim.
The president has lashed out against Cohen without naming him on Twitter, after news broke that Cohen had secretly recorded conversations with him.
Cohen, as CBS News has previously reported, has been under intense pressure to cooperate with federal investigators. The investigation into Cohen is separate from Mueller’s investigation into Russian election meddling and any ties to Trump associates, but Mueller did refer potential evidence to the U. S. attorney’s office in Manhattan.
No charges have been filed yet as a result of the investigation into Cohen.

Continue reading...