Current:Home > ScamsMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -TradeWisdom
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-13 14:39:53
NEW YORK (AP) — Michael Cohen will be back on the witness stand Wednesday, testifying against his ex-boss Donald Trump in a civil trial over allegations that the former president chronically exaggerated the value of his real estate holdings on financial documents.
During his first day of testimony Tuesday, Cohen said he and key executives at Trump’s company worked to inflate the estimated values of his holdings so that documents given to banks and others would match a net worth that Trump had set “arbitrarily.”
Trump watched as his lawyer Alina Habba then cross-examined Cohen, working to portray him as a convicted liar.
Cohen worked as Trump’s lawyer and fixer for many years, but in 2018 he was prosecuted for tax evasion, making false statements to a bank and to Congress and making illegal contributions to Trump’s campaign in the form of payouts to women who said they had extramarital sexual encounters with the Republican. Trump said the women’s stories were false. Cohen has said he orchestrated payments to the women at Trump’s direction.
Since his legal problems started in 2018, Cohen has been a Trump foe. The two men hadn’t been in a room together in five years until Tuesday’s court session.
Cohen called it a “heck of a reunion.”
Outside the courtroom after Tuesday’s court session, Trump dismissed Cohen as a “disgraced felon.”
Cohen is also expected to be an important prosecution witness in a criminal trial scheduled for next spring in which Trump is accused of falsifying business records. That case is one of four criminal prosecutions Trump faces in New York, Florida, Georgia and Washington, D.C.
veryGood! (4)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Poccoin: The Rise of Decentralized Finance (DeFi)
- U.S. caver Mark Dickey rescued in Turkey and recovering after a crazy adventure
- The legend lives on: New exhibition devoted to Chanel’s life and work opens at London’s V&A Museum
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Drew Barrymore dropped as National Book Awards host after her talk show resumes during strike
- Poccoin: The Application of Blockchain Technology in Supply Chain Management
- Will Aaron Rodgers retire? Jets QB must confront his football mortality after injury
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- EU chief announces major review saying the bloc should grow to over 30 members
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Biden's SAVE plan for student loan repayment may seem confusing. Here's how to use it.
- EU boosts green fuels for aviation: 70% of fuels at EU airports will have to be sustainable by 2050
- Mystery body found in Arizona in 1996 identified as veteran from Los Angeles area
- Global Warming Set the Stage for Los Angeles Fires
- Jets' season already teetering on brink of collapse with Aaron Rodgers out for year
- Diddy's twin daughters, son King join him on stage at VMAs as he accepts Global Icon Award
- I escaped modern slavery. Wouldn't you want to know if I made your shirt?
Recommendation
Military service academies see drop in reported sexual assaults after alarming surge
UN envoy for Sudan resigns, warning that the conflict could be turning into ‘full-scale civil war’
U.S. men's national soccer team dominant in win over Oman
Aerosmith postpones farewell tour dates over Steven Tyler vocal cord injury
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
The son of ousted Myanmar leader Aung San Suu Kyi says he’s increasingly worried about her health
Escaped murderer Danelo Cavalcante captured following intense manhunt
Pakistani police arrest 3 people sought in death of 10-year-old girl near London, send them to UK