NEW YORK: Donald Trump’s onetime lawyer turned bitter foe Michael Cohen took the witness stand on Tuesday in the business fraud case against the forme...
Former US President Trump addresses the media before leaving the courthouse for the day in New York City on October 24, 2023. AFPPIX: Donald Trump’s onetime lawyer turned bitter foe Michael Cohen took the witness stand on Tuesday in the business fraud case against the former US president, accusing his ex-boss of “arbitrarily” inflating his net worth.
Cohen acknowledged responsibility for taking part in the alleged fraud and said he and former Trump Organization chief financial officer Allen Weisselberg would “reverse-engineer asset classes” to achieve “whatever number told us.” Cohen was sentenced in 2018 to three years in prison for campaign finance violations, tax evasion and participating in a hush money case involving Trump, but was released after a little over a year.
The former president does not risk going to jail in the fraud trial, but New York Attorney General Letitia James, a Democrat, is seeking $250 million in penalties and the removal of Trump and his sons from management of the family real estate empire.
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