In 2016, eight Delaware LLCs were named by federal prosecutors in connection with a scheme to embezzle hundreds of millions of dollars from the Malaysian government with the help of a Hollywood producer behind the film "The Wolf of Wall Street."

The Wall Street Journal published its report on Thursday. It stated Trump's personal attorney, Michael Cohen, opened a bank account in the name of Essential Consultants LLC, after he had registered the company in Delaware. He then allegedly sent the $130,000 through the new bank account to a lawyer representing the actress, who goes by the stage name Stormy Daniels, according to the report.

Cohen has denied allegations of an affair or a payoff.

“These rumors have circulated time and again since 2011,” he said. “President Trump once again vehemently denies any such occurrence, as has Ms. Daniels.”