Current:Home > FinanceMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -AlphaFinance Experts
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-15 12:22:52
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! (664)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Cheryl Burke Addresses Rumors She Hooked Up With DWTS Partner Gilles Marini
- The United States and China are expected to win the most medals at the Paris Olympics
- We Promise Checking Out Victoria Beckham's Style Evolution Is What You Really, Really Want
- Trump wants to turn the clock on daylight saving time
- How 'Little House on the Prairie' star Melissa Gilbert shaped a generation of women
- Golden State Warriors to miss NBA playoffs after play-in loss to Sacramento Kings
- Olympic Sprinter Gabby Thomas Reveals Why Strict Covid Policies Made Her Toyko Experience More Fun
- Small twin
- How Ukraine aid views are shaped by Cold War memories, partisanship…and Donald Trump — CBS News poll
Ranking
- Giants, Lions fined $200K for fights in training camp joint practices
- CBS News poll: Rising numbers of Americans say Biden should encourage Israel to stop Gaza actions
- A vehicle backfiring startled a circus elephant into a Montana street. She still performed Tuesday
- Viral claims about Donald Trump's hush money trial, fact checked
- RFK Jr. closer to getting on New Jersey ballot after judge rules he didn’t violate ‘sore loser’ law
- Uber is helping investigators look into account that sent driver to Ohio home where she was killed
- No injuries when small plane lands in sprawling park in middle of Hawaii’s Waikiki tourist mecca
- This new Google Maps feature is game changer for EV drivers
Recommendation
Tropical weather brings record rainfall. Experts share how to stay safe in floods.
Biden is seeking higher tariffs on Chinese steel as he courts union voters
Olivia Munn Details Medically Induced Menopause After “Terrifying” Breast Cancer Journey
A Washington State Coal Plant Has to Close Next Year. Can Pennsylvania Communities Learn From Centralia’s Transition?
British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
David Beckham Celebrates Wife Victoria Beckham’s Birthday With Never-Before-Seen Family Footage
Bob Graham, former Florida governor and US senator with a common touch, dies at 87
A Washington State Coal Plant Has to Close Next Year. Can Pennsylvania Communities Learn From Centralia’s Transition?