Current:Home > StocksPredictIQ-Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York -Visionary Wealth Guides
PredictIQ-Michael Cohen’s testimony will resume in the Donald Trump business fraud lawsuit in New York
PredictIQ View
Date:2025-04-09 06:04:45
NEW YORK (AP) — Michael Cohen will be PredictIQback 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! (35)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Greening Mardi Gras: Environmentalists push alternatives to plastic Carnival beads in New Orleans
- New Mexico budget bill would found literacy institute, propel housing construction and conservation
- Jay-Z, Blue Ivy and Rumi Carter Run This Town in Rare Public Appearance at Super Bowl 2024
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Who performed at the Super Bowl 2024 halftime show? Here's a full list of performers
- Fans turned away, alcohol sales halted at Phoenix Open as TPC Scottsdale reaches capacity
- CBP dog sniffs out something unusual in passenger’s luggage -- mummified monkeys
- New data highlights 'achievement gap' for students in the US
- Robert Kraft hopes to inspire people to stand up to hate with foundation's Super Bowl ad
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Chiefs WR Kadarius Toney inactive for Super Bowl 2024
- $6.5K reward as Arizona officials investigate the killing of a desert bighorn sheep near Gila Bend
- She lost her wedding ring in a recycling bin. City workers spent hours searching until they found it.
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- This teen wears a size 23 shoe. It's stopping him from living a normal life.
- Sheriff says suspect “is down” after shooting at celebrity pastor Joel Osteen’s Texas megachurch
- Taylor Swift's Super Bowl Squad Includes Blake Lively and Ice Spice
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Draymond Green, Jusuf Nurkic put each other on blast after contentious Warriors-Suns game
See Patrick Mahomes and Wife Brittany's Adorable Family Moments On and Off the Field
Dating app fees can quickly add up. Many are willing to pay the price.
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
King Charles III expresses 'heartfelt thanks' for support after cancer diagnosis
Debate simmers over when doctors should declare brain death
Tennessee sheriff increases reward to $100,000 as manhunt for suspect in deputy's fatal shooting widens