Tuesday, October 24, 2023

Cohen Testifies Today At Trump Fraud Trial




The Malignant Loser will face one of the strongest challenges to his penchant for outbursts today when former Trump Organization attorney Michael Cohen testifies for the State of New York in the Malignant Loser's fraud trial. Once a close ally, Cohen took the fall for his boss over the hush money payment to porn star Stormy Daniels and served time in prison. Since then, Cohen has been vocal about the criminal behavior of his former boss. From the Associated Press:

"Michael Cohen once proclaimed he’d “take a bullet” for Donald Trump. Now, after breaking with the former president amid his own legal troubles, the fixer-turned-foe is poised to testify against his old boss Tuesday as a key witness at the civil fraud trial that threatens to upend Trump’s real estate empire and wealthy image.

Trump is expected to be in court for the highly anticipated testimony, detouring from his usual campaign haunts to the Manhattan courtroom for a sixth day this month. Cohen scrapped their expected showdown last week, citing a health issue. Cohen has said it will be his first time seeing Trump in five years."

In his testimony to the House Committee on Oversight and Reform in 2019, Cohen provided the blueprint for the State of New York to prosecute the Malignant Loser for bank and insurance fraud, naming names in the Trump Organization who carried out the Malignant Loser's dictates to inflate the value of his assets to get bank loans, and decreasing the value of the same assets for insurance and tax purposes:

"[New York State Attorney General Letitia] James, a Democrat, has credited Cohen as the impetus for her civil investigation, which led to the fraud lawsuit being decided at the trial. She cited Cohen’s testimony to Congress in 2019 that Trump had a history of misrepresenting the value of assets to gain favorable loan terms and tax benefits.

Cohen gave copies of three of Trump’s financial statements to the House Committee on Oversight and Reform. Cohen said Trump gave the statements to Deutsche Bank to inquire about a loan to buy the NFL’s Buffalo Bills and to Forbes magazine to substantiate his claim to a spot on its list of the world’s wealthiest people."

As an indication of the tension that's expected in court today, the Malignant Loser has rearranged his golfing "campaign" schedule to be in court to glare at Cohen, whom he hopes to intimidate. But Cohen's grown stronger since his days with the Malignant Loser, and has been put through painful times thanks to his former boss. He'll be doing some glaring back.

(photo: Leah Millis, Reuters)

 

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