Current:Home > InvestMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -AssetLink
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-12 10:36:42
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! (53)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- 18 killed when truck plunges into a ravine in southwestern Congo
- Roxanna Asgarian's 'We Were Once a Family' and Amanda Peters' 'The Berry Pickers' win library medals
- USPS stamp prices going up: Forever first-class stamps will cost 68 cents starting Jan. 21
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Sofia Vergara, Netflix sued: Griselda Blanco's family seeks to stop release of ‘Griselda’
- National Cheese Lover's Day: How to get Arby's deal, enter Wisconsin cheese dreams contest
- Japanese carmaker that faked safety tests sees long wait to reopen factories
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Latest EPA assessment shows almost no improvement in river and stream nitrogen pollution
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Taiwan says 6 Chinese balloons flew through its airspace, and warplanes and ships also detected
- Nikki Haley says Trump tried to buddy up with dictators while in office
- When does 'The Bachelor' start? Season 28 premiere date, how to watch and stream
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 4 Las Vegas high school students indicted on murder charges in deadly beating of schoolmate
- 'Pawn Stars' TV star Rick Harrison's son Adam dies at 39 of a suspected drug overdose
- Guinea soccer team appeals to fans to ‘celebrate carefully’ following supporter deaths
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Grand Ole Opry Responds to Backlash Over Elle King's Dolly Parton Tribute Performance
The main cause of dandruff is probably not what you think. Here’s what it is.
German train drivers’ union calls a six-day strike starting Wednesday over pay, working hours
3 years after the NFL added a 17th game, the push for an 18th gets stronger
USPS stamp prices going up: Forever first-class stamps will cost 68 cents starting Jan. 21
Euphoria’s Dominic Fike Addresses His Future on Season 3
Lions host Bucs in divisional round, aiming to win 2 playoff games in season for 1st time since 1957