Trump's company approved $420,000 in payments to Cohen, relying on 'sham' invoices, prosecutors say
Source: MSN
President Trumps real estate company authorized paying $420,000 to lawyer Michael Cohen in his effort to silence women during the presidential campaign and then relied on sham invoices from Cohen that concealed the nature of the payments, according to legal filings released Tuesday.
The payments began flowing in February 2017, soon after Trump took office, when Cohen approached Trump Organization executives seeking to be reimbursed for election-related expenses, prosecutors said.
That included a $130,000 payment Cohen had made to adult-film star Stormy Daniels so she would remain silent about an alleged affair with Trump, according to the court documents.
Read more: https://www.msn.com/en-us/news/politics/trump-s-company-approved-420-000-in-payments-to-cohen-relying-on-sham-invoices-prosecutors-say/ar-BBMgHFY?ocid=ob-tw-enus-1531946787702
RockRaven
(14,990 posts)WOMP WOMP!!!!!!!
spooky3
(34,467 posts)C Moon
(12,221 posts)edbermac
(15,943 posts)C_U_L8R
(45,018 posts)Better they call Mueller before he calls them
Honeycombe8
(37,648 posts)Grassy Knoll
(10,118 posts)..
Freethinker65
(10,034 posts)exboyfil
(17,865 posts)That could be interesting. In fact isn't a company structure different than personal assets for financing a campaign. He has the right to pull money out of till so long as he declares it as income, but if he wrote it off as an expense - then it would clearly be illegal in so many different ways (taxes, campaign finance violation).
KY_EnviroGuy
(14,494 posts)where did all that money come from? That's a tad more than petty cash or "incidentals" or "casual labor".
...... ......
Stuart G
(38,439 posts)NewEnglandAutumn
(184 posts)they suck at it. It is like a group of middle schoolers playing at being mobsters. Someone should have read The Beginners Guide to Money Laundering before they jumped into the deep end.
Stuart G
(38,439 posts)murielm99
(30,755 posts)Money Laundering for Dummies.
demsocialist
(202 posts)The shitstorm would be horrific.
Bernardo de La Paz
(49,032 posts)I thought only tRump supporters would wish for that.
Welcome to DU?
edbermac
(15,943 posts)Firing Mueller would guarantee Donalds impeachment.
Bernardo de La Paz
(49,032 posts)Mueller might work his way up the food chain enough to get tRump to resign sooner with less fuss and crisis.
KY_EnviroGuy
(14,494 posts)a slow drip of indictments and trials until all is said and done, with absolute maximum embarrassment to the Repug party and all of tRump's family either indicted or hauled in to testify.
Americans need to see the dirty underbelly of the plutocratic Republican party, every single tentacle of their corruption, and every link to corporations (including media) and foreign interests. That's a huge order for Mr. Mueller and the state AGs.
I'm convinced that's the only way to prevent this from happening again (of course, that's what we said about the Nixon affair).
Bernardo de La Paz
(49,032 posts)Julian Englis
(2,309 posts)Walter Schaub's Tweets point this out.
Link to tweet
Link to tweet
JohnnyRingo
(18,640 posts)Perhaps just sitting back, watching with a bag of popcorn.
DeminPennswoods
(15,290 posts)licking his chops at the real possibility now to depose Trump under oath. He believes the Clifford/Daniels lawsuit that's been stayed by the CA court will, now that Cohen has pled guilty in NY, proceed and he will be able to depose Trump.
BumRushDaShow
(129,369 posts)PoliticAverse
(26,366 posts)Achilleaze
(15,543 posts)always looking for ways to cheat, steal and lie
mahatmakanejeeves
(57,586 posts)Trump's personal financial disclosure documents this year reported Trump "fully reimbursed" Cohen maximum of $250,000 in 2017 but plea filings show Cohen received a total of $420,000.
Link to tweet
IncaRoads
(97 posts)Happy to be here!
SWBTATTReg
(22,156 posts)in order to cheat on his taxes (biggest thing), cheat on his wife by paying off his tricks (so so amounts), pay off the mob (certain %) pay off the Russians (president of the US, does favors for the Russians to pay them back), and the list goes on and on.
Worst thing about this whole mess...I am really disgusted at Congress and what role they have been playing here. Basically ZERO!
Remember this fellow DUers! (and I know you all will remember this...just my soap boxing...
We need to capture Congress back, impeach the whole republican cabal and remove them from office, and install the rightful president. Either that, hold a whole new election in 30 days after removal of rump and pence (pence is just as guilty as the rest of rump's cronies...if he didn't know about all of this, then he deserves to be removed, he's too stupid for an office of this scope).
Princess Turandot
(4,787 posts)Or is expected to do so shortly? Did he approve the disbursement? No matter how fast and loose Trump is willing to play with other people's money, I bet he's quite exacting in his own bookkeeping. I kind of doubt that his chief accountant would be left completely in the dark about this transaction.
Hmm.