Current:Home > MarketsMichael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -FinanceCore
Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
View
Date:2025-04-15 17:25:46
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! (68)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- It Ends With Us' Brandon Sklenar Reacts to Blake Lively, Justin Baldoni Feud Rumors
- Taylor Swift Leaves No Blank Spaces in Her Reaction to Travis Kelce’s Team Win
- Court puts Ohio House speaker back in control of GOP purse strings
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Kourtney Kardashian Shares Sweet Family Photos of Sons Rocky and Reign
- Man arrested in the 1993 cold case killing of 19-year-old Carmen Van Huss
- Oregon authorities identify victims who died in a small plane crash near Portland
- Retirement planning: 3 crucial moves everyone should make before 2025
- Bachelorette’s Jonathon Johnson Teases Reunion With Jenn Tran After Devin Strader Drama
Ranking
- Federal hiring is about to get the Trump treatment
- Police have upped their use of Maine’s ‘yellow flag’ law since the state’s deadliest mass shooting
- Judge considers bumping abortion-rights measure off Missouri ballot
- Paris Hilton Drops Infinite Icon Merch Collection to Celebrate Her New Album Release
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Half of Southern California home on sale for 'half a million' after being hit by pine tree
- 'National Geographic at my front door': Watch runaway emu stroll through neighborhood
- Hawaii can ban guns on beaches, an appeals court says
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Freaky Friday’s Jamie Lee Curtis Shares How Motherhood Changed Lindsay Lohan
Sting talks upcoming tour, friendship with Billy Joel and loving Austin Butler in 'Dune'
Why Ben Affleck Is Skipping Premiere for His and Jennifer Lopez’s Movie Amid Divorce
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
John Travolta and Kelly Preston’s Daughter Ella Honors Her Late Mom With Deeply Personal Song
'Rust' armorer Hannah Gutierrez-Reed could plead guilty to separate gun charge: Reports
NFL ramps up streaming arms race with Peacock exclusive game – but who's really winning?