Michael Cohen coolly admitted Monday to stealing $30,000 from the Trump Organization — and ending up with twice that much — after overstating how much he needed to be repaid for fronting funds to a poll-rigging tech company called Red Finch.
Cohen testified that he handed the CEO of the company $20,000 in cash in a brown paper bag in exchange for services that included rigging 2016 election polls in Donald Trump’s favor.
But when Trump’s chief financial officer Allen Weisselberg asked him during a mid-2017 meeting whether he needed to be reimbursed $50,000 for this, Cohen went along with it.
The company paid Cohen $50,000 — doubling that amount by “grossing up” to cover taxes Cohen would owe by declaring the money as income, instead of a tax-free reimbursement — and Cohen pocketed the difference.
nypost.com/2024/05/20/us-news/trumps-hush-money-trial-live-updates-testimony-photos-more/
Blanche asking Cohen how much he’s made from his two books and two podcasts.
Cohen says, after having to clarify, $4.4 Million.
Cohen also makes money on real estate.’
Blanche also gets Cohen to admit that he makes money off of the merchandise from his store (including his…
— Andrew H. Giuliani (@AndrewHGiuliani) May 20, 2024