Current:Home > MarketsMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -AssetTrainer
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-18 02:49:44
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! (1752)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- GOP Sen. Markwayne Mullin challenges Teamsters president Sean O'Brien to fight at Senate hearing
- Young Kentucky team plays with poise but can't finish off upset of No. 1 Kansas
- 1 woman in critical condition a day after knife attack at Louisiana Tech University
- Arkansas State Police probe death of woman found after officer
- ASEAN defense chiefs call for the fighting in Gaza to cease, but they struggle to address Myanmar
- Over the river and through the woods for under $4. Lower gas cuts Thanksgiving travel cost
- Authorities in El Salvador dismantle smuggling ring, arrest 10 including 2 police officers
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Prosecutors say a fatal roller coaster accident in Sweden was caused by a support arm breaking
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Georgia jumps to No. 1 in CFP rankings past Ohio State. Michigan and Florida State remain in top 4
- The UN Security Council is trying for a fifth time to adopt a resolution on the Israel-Hamas war
- Dutch court orders company to compensate 5 Iranian victims of Iraqi mustard gas attacks in the 1980s
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Murder trial in killing of rising pro cyclist Anna ‘Mo’ Wilson nears end. What has happened so far?
- Who is Yoshinobu Yamamoto, the Japanese pitching ace bound for MLB next season?
- UK experts recommend chickenpox shot for kids for the first time, decades after other countries
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Target tops third quarter expectations, but inflation weighs on shoppers
The UN Security Council is trying for a fifth time to adopt a resolution on the Israel-Hamas war
China and the US pledge to step up climate efforts ahead of Biden-Xi summit and UN meeting
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
11 ex-police officers sentenced in 2021 killings of 17 migrants and 2 others in northern Mexico
Target tops third quarter expectations, but inflation weighs on shoppers
What is December's birthstone? There's more than one. Get to know the colors and symbolism