President Trump’s personal lawyer Michael Cohen attained access to an additional $774,000 of credit during the 2016 presidential campaign, according to a report Friday.
Real estate records revealed that Cohen acquired access to $250,000 during the presidential race as Trump’s income grew, and another estimated $529,000 by means of a mortgage for a condominium in Trump World Tower that he signed with his wife, the Wall Street Journal reports.
According to the outlet, the FBI is looking into whether Cohen committed fraud when he made false statements about his assets while applying for loans.
Sources told the Journal that Cohen’s business transactions could be probed by federal prosecutors as well.
The FBI raided Cohen’s home, office, and hotel room last month, seeking information related to the $130,000 payment he made in October 2016 as part of a nondisclosure agreement to porn star Stormy Daniels to keep her from speaking out about her alleged affair with Trump more than a decade ago.
Cohen reportedly said he used his home-equity credit to pay Daniels as part of the settlement.
Rudy Giuliani, a new addition to Trump’s legal team, dropped a bombshell Wednesday when he revealed during an interview on Fox News that Trump reimbursed his personal lawyer, Michael Cohen, for a $130,000 payment to Daniels. A payment which the president told reporters aboard Air Force One in March that he had no knowledge about.
Giuliani attempted to walk back those comments on Friday, saying that he was not speaking for the president after Trump told reporters Giuliani would “get his facts straight.”
