![]() ![]() Each count against Trump is a felony, carrying up to four years in prison.Īfter the proceedings, Trump did not speak to journalists before flying back home to Florida, but did dash off some posts and a video to his online channel Truth Social to denounce the charges, saying "This is massive ELECTION INTERFERENCE on a scale that we have never seen in this Country!" ![]() But the details of exactly how Cohen's reimbursements were accounted for and what Trump knew about Cohen's arrangements – and when – will be central to whether the case against him will be successful. On Tuesday, Trump plead not guilty to all 34 counts of falsifying business records and conspiracy in the first degree in a wide-ranging scheme meant to prevent a sex scandal. Had he not, the events of this week may have never come to pass.Īs is often the case, it is not the original sin – paying for the silence of Daniels to bury her story, which she was threatening to take public ahead of the election – but the way in which it is covered up that causes the greatest turbulence. ![]() Trump has denied the affair, but not the payment.Īfter Trump won, he did something very un-Trump-like: He paid Cohen back. Trump's personal lawyer and self-proclaimed "fix-it guy," Michael Cohen, took out a loan against his own house and used the funds to pay $130,000 to Stephanie Clifford, an adult film star who went by the name Stormy Daniels, to keep her silent about her claims of an affair with Trump in the run-up to the 2016 presidential election. Trump was never very good at paying his vendors on time – or at all.īut he seemed to have loyal foot soldiers just the same. It's completely free and we guarantee you'll learn something new every day.ĭonald J. For more crisp and insightful business and economic news, subscribe to ![]()
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