Current:Home > StocksMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -StockSource
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-16 19:34:37
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! (284)
Related
- Average rate on 30
- The Color Purple premieres with sold-out showings in Harlem
- North Dakota lawmaker’s district GOP echoes call on him to resign after slurs to police in DUI stop
- Mexican president inaugurates centralized ‘super pharmacy’ to supply medicines to all of Mexico
- Arkansas State Police probe death of woman found after officer
- Missouri closes strong to defeat shorthanded Ohio State in Cotton Bowl
- Air in Times Square filled with colored paper as organizers test New Year’s Eve confetti
- Tech company Catapult says NCAA looking at claims of security breach of football videos
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- SUV plows into Albuquerque garage, killing homeowner
Ranking
- Rylee Arnold Shares a Long
- Arizona judge denies a GOP move to block a voter-approved law for transparent campaign financing
- Peach Bowl boasts playoff-caliber matchup between No. 10 Penn State and No. 11 Ole Miss
- Brazil expresses concern over Venezuela-Guyana border dispute as naval exercises begin in area
- The Super Bowl could end in a 'three
- Top global TikToks of 2023: Mr. Bean of math, makeup demo, capybaras!
- Matthew McConaughey shares rare photo of son Livingston: 'We love watching you grow'
- Cargo ship carrying lithium ion batteries ordered to continue to Alaska despite a fire in cargo hold
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Ex-Trump lawyer Michael Cohen says he unwittingly sent AI-generated fake legal cases to his attorney
Francia Raísa Says She and Selena Gomez Hadn't Spoken Much in 6 Years Before Reconciliation
Rev. William Barber II says AMC theater asked him to leave over a chair; AMC apologizes
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Google settles $5 billion privacy lawsuit over tracking people using ‘incognito mode’
South Africa launches case at top UN court accusing Israel of genocide in Gaza
Gunmen kill 6 people, wound 26 others in attack on party in northern Mexico border state