Current:Home > MarketsMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -MoneyBase
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-14 20:34:57
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! (15)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- State veterans affairs commissioner to resign at the end of the year
- Cool weather forecast offers hope in battling intense Southern California blaze
- Harvey Weinstein rushed from Rikers Island to hospital for emergency heart surgery
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- New Hampshire primary voters to pick candidates for short but intense general election campaigns
- Take 50% Off a Peter Thomas Roth Serum That Instantly Tightens and Lifts Skin & More Sephora Deals
- Texas official sentenced to probation for accidentally shooting grandson at Nebraska wedding
- Meta releases AI model to enhance Metaverse experience
- Kentucky bourbon icon Jimmy Russell celebrates his 70th anniversary at Wild Turkey
Ranking
- Bodycam footage shows high
- James Earl Jones remembered by 'Star Wars' co-star Mark Hamill, George Lucas, more
- 'Hotter than it's ever been': How this 93-year-old copes with Phoenix's 100-degree heat
- Wisconsin Supreme Court weighs activist’s attempt to make ineligible voter names public
- The company planning a successor to Concorde makes its first supersonic test
- All the best Toronto film festival highlights, from 'Conclave' to the Boss
- Former Alabama corrections officer sentenced for drug smuggling
- Texas official sentenced to probation for accidentally shooting grandson at Nebraska wedding
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Elon Musk says human could reach Mars in 4 years after uncrewed SpaceX Starship trips
Delaware primary to decide governor’s contest and could pave the path for US House history
When heat hurts: ER doctors treat heatstroke, contact burns on Phoenix's hottest days
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Why Teen Mom’s Catelynn Lowell Thinks Daughter’s Carly Adoptive Parents Feel “Threatened”
Ian McKellen talks new movie, bad reviews and realizing 'you're not immortal'
Beyoncé Offers Rare Glimpse Into Family Life With Her and Jay-Z’s 3 Kids