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Cohen says Trump inflated his wealth in bid to buy Bills
Thank you! Here's the @ap reporting on Trump and the Bills...
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Cohen says Trump inflated his wealth in bid to buy Bills (from @AP)
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Cohen says Trump inflated his wealth in bid to buy Bills
By JIM MUSTIAN, BERNARD CONDON and JOHN WAWROW
February 27, 2019
NEW YORK (AP) — Michael Cohen said during his congressional testimony Wednesday that Donald Trump grossly overstated his wealth before becoming president, including inflating his assets during a failed bid to buy the Buffalo Bills in 2014.
The claim raises questions about whether Trump could face even more legal trouble if, as Cohen said, he misrepresented his worth in applying for a loan to buy the NFL team. ... Experts said a criminal case against Trump appears unlikely for several reasons. But Cohen’s latest assertions could affect the court of public opinion at a time when lawmakers are discussing the possibility of impeachment.
Trump was one of three known finalists in the bid to purchase the Bills in the summer of 2014 following the death of franchise founder and Hall of Fame owner Ralph Wilson. He lost out to the owners of the NHL’s Buffalo Sabres, Terry and Kim Pegula, who purchased the Bills for $1.4 billion. The third group was led by rocker Jon Bon Jovi.
Cohen, once Trump’s lawyer and one of his closest advisers before he pleaded guilty to tax crimes, fraud, lying to Congress and campaign finance violations, testified for hours Wednesday before the House Oversight Committee. ... As part of the effort to buy the Bills, Cohen said, Trump gave financial statements to Deutsche Bank in hopes of getting a loan.
....
By JIM MUSTIAN, BERNARD CONDON and JOHN WAWROW
February 27, 2019
NEW YORK (AP) — Michael Cohen said during his congressional testimony Wednesday that Donald Trump grossly overstated his wealth before becoming president, including inflating his assets during a failed bid to buy the Buffalo Bills in 2014.
The claim raises questions about whether Trump could face even more legal trouble if, as Cohen said, he misrepresented his worth in applying for a loan to buy the NFL team. ... Experts said a criminal case against Trump appears unlikely for several reasons. But Cohen’s latest assertions could affect the court of public opinion at a time when lawmakers are discussing the possibility of impeachment.
Trump was one of three known finalists in the bid to purchase the Bills in the summer of 2014 following the death of franchise founder and Hall of Fame owner Ralph Wilson. He lost out to the owners of the NHL’s Buffalo Sabres, Terry and Kim Pegula, who purchased the Bills for $1.4 billion. The third group was led by rocker Jon Bon Jovi.
Cohen, once Trump’s lawyer and one of his closest advisers before he pleaded guilty to tax crimes, fraud, lying to Congress and campaign finance violations, testified for hours Wednesday before the House Oversight Committee. ... As part of the effort to buy the Bills, Cohen said, Trump gave financial statements to Deutsche Bank in hopes of getting a loan.
....
4 replies
= new reply since forum marked as read
= new reply since forum marked as read
I think the league would have blocked it anyway.
