Current:Home > FinanceMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -TruePath Finance
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-15 23:56:49
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! (79)
Related
- Federal hiring is about to get the Trump treatment
- Row house fire in Philadelphia kills woman, girl; man, boy taken to hospitals with 3rd-degree burns
- Death of Connecticut man found in river may be related to flooding that killed 2 others, police say
- Georgia sheriff’s deputy dies days after being shot while serving a search warrant
- Bodycam footage shows high
- Little League World Series highlights: Florida will see Chinese Taipei in championship
- Union rep says West Virginia governor late on paying worker health insurance bills, despite denials
- Dennis Quaid doesn't think a 'Parent Trap' revival is possible without Natasha Richardson
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Patrick Mahomes' Pregnant Wife Brittany Mahomes Claps Back at Haters in Cryptic Post
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Search persists for woman swept away by flash flooding in the Grand Canyon
- Delaware election officials communicated with lieutenant governor’s office amid finance scandal
- Rumer Willis Shares Update on Dad Bruce Willis Amid Health Battle
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Federal lawsuit challenges mask ban in suburban New York county, claims law is discriminatory
- Norway proposes relaxing its abortion law to allow the procedure until 18th week of pregnancy
- You Won’t Believe These Designer Michael Kors Bags Are on Sale Starting at $29 and Under $100
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Son of Texas woman who died in June says apartment complex drops effort to collect for broken lease
You Won’t Believe These Designer Michael Kors Bags Are on Sale Starting at $29 and Under $100
Tony Vitello lands record contract after leading Tennessee baseball to national title
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Parents charged after baby fatally mauled by dogs; pair accused of leaving baby to smoke
Illinois Supreme Court upholds unconstitutionality of Democrats’ law banning slating of candidates
Cornel West can’t be on Pennsylvania’s presidential ballot, court decides