COHEN IS BEING INVESTIGATED FOR LOANS IN EXCESS OF $20 MILLION
Federal authorities investigating whether Michael D. Cohen, President Trump’s former personal lawyer, committed bank and tax fraud have zeroed in on loans obtained by taxi businesses that he and his family own.
Any criminal charges against Mr. Cohen, which could be filed by the end of the month, would deal a significant blow to the president.
- $20 million in fraudulent loans, but the Thomas Cooley School of Law’s most distinguished graduate had to take out a HELOC to come up with a lousy $130K to pay off Stormy Daniels? Something doesn’t quite add up . . .
The Justice Department is investigating whether longtime Republican fundraiser Elliott Broidy sought to sell his influence with the Trump administration by offering to deliver U.S. government actions for foreign officials in exchange for tens of millions of dollars, according to three people familiar with the probe.
As part of the investigation, prosecutors are scrutinizing a plan that Broidy allegedly developed to try to persuade the Trump government to extradite a Chinese dissident back to his home country, a move sought by Chinese President Xi Jinping, according to two of the people.
They also are investigating claims that Broidy sought $75 million from a Malaysian business official if the Justice Department ended its investigation of a development fund run by the Malaysian government. The Malaysian probe has examined the role of the former prime minister in the embezzlement of billions of dollars from the fund.
Remember boys, plea bargains are limited time offers . . . And honor remains in short supply among thieves.
Related: Not quite sure what the master strategy is behind using a lawyer who at this point is making Lionel Hutz look like Clarence Darrow.