Current:Home > FinanceMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -TradeWisdom
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
Johnathan Walker View
Date:2025-04-10 05:22:57
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! (96174)
Related
- Travis Hunter, the 2
- You’ll Adore Anne Hathaway and Nicholas Galitzine’s Steamy PDA in The Idea of You Trailer
- 'Ghastly sight': Thousands of cattle killed in historic 2024 Texas Panhandle wildfires
- Retired US Air Force colonel shared top-secret intel via foreign dating platform, feds say
- Military service academies see drop in reported sexual assaults after alarming surge
- Seahawks cut three-time Pro Bowl safeties Jamal Adams, Quandre Diggs, per reports
- Noor Alfallah Experienced Life-Threatening Complication Before Welcoming Baby With Al Pacino
- Mark Cuban vows to back Joe Biden over Donald Trump, even if Biden 'was being given last rites'
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Riverdale’s KJ Apa and Clara Berry Break Up After 4 Years
Ranking
- The Super Bowl could end in a 'three
- How an Oregon tween's frantic text led to man being accused of drugging girls at sleepover
- Woman accuses former 'SYTYCD' judge Nigel Lythgoe of 2018 sexual assault in new lawsuit
- Teamsters vote to ratify a 5-year labor agreement with Anheuser-Busch, avoiding strike
- Louvre will undergo expansion and restoration project, Macron says
- Torrential snow storm leaves Northern California covered in powder: See the top photos
- Stock market today: Asia stocks mixed after Wall Street slumps to worst day in weeks
- Ex-Honduran president defends himself at New York drug trafficking trial
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Cheesemaker pleads guilty in connection to a listeria outbreak that killed 2, sickened 8
County exec sues New York over an order to rescind his ban on transgender female athletes
Nutritional yeast is a favorite among vegans. Does that mean it’s good for you?
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Rewritten indictment against Sen. Bob Menendez alleges new obstruction of justice crimes
LSU's Jayden Daniels brushes aside anti-Patriots NFL draft rumors with single emoji
Illegally imported goose intestines hidden under rattlesnakes, federal authorities say