Current:Home > InvestMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -ProfitSphere Academy
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 09:07:30
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! (82)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Maluma on dreaming big
- Beyoncé, Taylor Swift reporter jobs added by Gannett, America's largest newspaper chain
- Now's your chance to solve a crossword puzzle with Natasha Lyonne
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Love pop music? Largest US newspaper chain is hiring Taylor Swift and Beyoncé Knowles-Carter writers
- Apple announces iOS 17 update, release date in shadow of iPhone 'Wonderlust' event
- Planned Parenthood to resume offering abortions next week in Wisconsin, citing court ruling
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- This is where record-breaking wildfires have been occurring all over the world
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Ariana Grande tears up while revealing why she decided stop getting Botox, lip fillers
- Hospitality in Moroccan communities hit by the quake amid the horror
- Law Roach, the image architect, rethinks his own image with a New York Fashion Week show
- The White House is cracking down on overdraft fees
- Everleigh LaBrant Reacts to Song Like Taylor Swift Going Viral Amid Online Criticism
- Judge in documents case lays out rules for Trump's access to classified information in lead-up to trial
- After catching escaped murderer, officers took a photo with him. Experts say that was inappropriate
Recommendation
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Australia to toughen restrictions on ex-service personnel who would train foreign militaries
Adam Sandler announces I Missed You Tour dates: Where to see the standup show
F-35 fighter jets land in NATO-member Denmark to replace F-16s, some of which will go to Ukraine
2025 'Doomsday Clock': This is how close we are to self
Chipotle brings back carne asada nationwide, adds Carne Asada Quesadilla to menu
US semiconductor production is ramping up. But without STEM workforce, we'll lose the race.
John Legend Has the Best Reaction to Chrissy Teigen Giving Beyoncé the Once in a Lifetime Artist Title