Current:Home > StocksMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -FundWay
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-14 09:27:43
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! (373)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Leipzig releases two youth players after racist comments about teammates
- Inflation slowed further in December as an economic ‘soft landing’ moves into sharper focus
- Having trouble finding remote work? Foreign companies might hire you.
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Other passengers support man who opened emergency exit, walked on wing of plane in Mexico airport
- Investigation reveals Fargo gunman’s movements before deadly police shooting
- 2 lucky New Yorkers win scratch-off games worth millions
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Gov. Lee says Tennessee education commissioner meets requirements, despite lack of teaching license
Ranking
- Current, future North Carolina governor’s challenge of power
- Man gets death sentence for killing 36 people in arson attack at anime studio in Japan
- Tattoo artist Kat Von D didn’t violate photographer’s copyright of Miles Davis portrait, jury says
- Second Rhode Island man pleads not guilty to charges related to Patriots fan’s death
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- New Hampshire veteran admits to faking his need for a wheelchair to claim $660,000 in extra benefits
- Judge to fine a Massachusetts teachers union an extra $50,000 a day if 6-day strike continues
- Jurgen Klopp announces he will step down as Liverpool manager at end of the season
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Mass graves are still being found, almost 30 years after Rwanda’s genocide, official says
Welcome to USA TODAY Ad Meter 2024: Register to rate the best big game commercials
Finns go to the polls Sunday to elect a new president at a time of increased tension with Russia
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Liquefied Natural Gas: What to know about LNG and Biden’s decision to delay gas export proposals
Mikaela Shiffrin escapes serious injury after crash at venue for 2026 Olympics
Ex-coal CEO Don Blankenship couldn’t win a Senate seat with the GOP. He’s trying now as a Democrat