What led to the brutal Trump Organization court ruling? Oddly enough, it started with Michael Cohen’s hush-money payment to Stormy Daniels.
against the former president and the Trump Organization. The civil case was rather devastating: The state attorney general’s office, pointing to more than 200 instances of fraud over 10 years, announced that it was seeking roughly $250 million in civil penalties.The investigation started after Michael D. Cohen, Mr. Trump’s former personal lawyer and fixer, testified to Congress that Mr. Trump and his employees had manipulated his net worth to suit his interests.
It was around this time that the lawyer turned on Trump. In early 2019, as part of an apparent payback campaign, Cohenon Trump’s alleged financial crimes — including asset value inflation and systemic fraud at the Trump Organization.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump faces bankruptcy, Michael Cohen saysDonald Trump's ex-lawyer predicted the former president may face a $600 million penalty as part of Letitia James' fraud lawsuit.
Read more »
Michael Cohen says Donald Trump is effectively done as a New York businessman'Once you start hitting that bankbook, that’s what really gets to him,' Trump's former attorney said.
Read more »
Michael Cohen: NYC Fraud Ruling Will Likely Lead to Trump BankruptcyMichael Cohen, a former personal attorney for Donald Trump, predicted Tuesday on CNN's 'The Source' that the former president will likely be bankrupted by the damages awarded in New York Attorney General Letitia James' civil suit after the judge found Trump is liable for fraud. | Clips
Read more »