Politics

Michael Cohen admits to stealing from Trump Organization during hush money trial

May 20, 2024 1 min read

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Michael Cohen, former attorney for Donald Trump, has admitted to stealing tens of thousands of dollars from Trump's company during his testimony in the ongoing hush money trial. The defense has used this admission to question Cohen's credibility, portraying him as untrustworthy. Cohen revealed that he kept money intended as reimbursement for a $50,000 payment to a technology firm, of which he only paid $20,000. His testimony directly implicates Trump in the alleged hush-money scheme.

The trial, which has been ongoing for over four weeks, involves 34 felony counts against Trump for falsifying business records. These charges relate to internal Trump Organization documents that labeled payments to Cohen as legal expenses, which prosecutors argue were actually reimbursements for hush-money payments to Stormy Daniels. Jurors are expected to begin deliberations next week. Cohen has also disclosed earnings of $4.4 million from books, podcasts, and merchandise since fall 2020.

#business #extortion #world

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