{"id":6807,"date":"2024-05-20T11:00:15","date_gmt":"2024-05-20T15:00:15","guid":{"rendered":"https:\/\/greatamericanewsdesk.com\/?p=6807"},"modified":"2024-05-20T11:00:17","modified_gmt":"2024-05-20T15:00:17","slug":"michael-cohen-admits-to-crime-against-trump-organization","status":"publish","type":"post","link":"https:\/\/greatamericanewsdesk.com\/news\/michael-cohen-admits-to-crime-against-trump-organization\/njackson\/2024\/05\/","title":{"rendered":"Michael Cohen Admits To Crime Against Trump Organization"},"content":{"rendered":"\n

A surprising development…<\/p>\n\n\n\n

On Monday, former President Donald Trump’s “fixer” Michael Cohen admitted to Trump’s attorney Todd Blanche that he lied and previously stole money from the Trump Organization. The surprising admission comes as Trump’s team continues to cast the prosecution’s star witness as unreliable and untrustworthy.<\/p>\n\n\n\n

Trump\u2019s 34 charges correspond to documents generated in repaying Cohen a total of $420,000 in 2017.<\/p>\n\n\n\n

Prosecutors say the amount included $130,000 to reimburse Cohen for the hush money payment at the center of the case, $50,000 for the tech firm bill and additional funds to \u201cgross up\u201d the amount for tax purposes and pay Cohen\u2019s bonus.<\/p>\n\n\n\n

But Cohen admitted on the stand that he didn\u2019t actually pay the tech firm, RedFinch Solutions, $50,000, despite telling the Trump Organization\u2019s then-CFO he needed to be reimbursed for that amount.<\/p>\n\n\n\n

\n

\u201cYou did steal from the Trump Organization based on expected reimbursement from RedFinch?\u201d asked Todd Blanche, Trump\u2019s attorney.<\/p>\n\n\n\n

\u201cYes, sir,\u201d Cohen replied.<\/p>\n<\/blockquote>\n\n\n\n

Cohen\u2019s testimony is expected to last through midday. It is unclear if the defense plans to put up a case or whether Trump himself will testify.<\/p>\n\n\n\n

The judge indicated that closing arguments in the case would be next Tuesday, delaying what was previously expected to be a near close of the trial before Memorial Day weekend, according to The Hill<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A surprising development… On Monday, former President Donald Trump’s “fixer” Michael Cohen admitted to Trump’s attorney Todd Blanche that he lied and previously stole money from the Trump Organization. The surprising admission comes as Trump’s team continues to cast the prosecution’s star witness as unreliable and untrustworthy. Trump\u2019s 34 charges correspond to documents generated in […]<\/p>\n","protected":false},"author":2,"featured_media":5542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[253,995,70,8,563,541,121],"class_list":["post-6807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-breaking-news","tag-business-fraud","tag-crime","tag-donald-trump","tag-michael-cohen","tag-trump-hush-money-case","tag-trump-organization"],"yoast_head":"\nMichael Cohen Admits To Crime Against Trump Organization - Great America News Desk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/greatamericanewsdesk.com\/news\/michael-cohen-admits-to-crime-against-trump-organization\/njackson\/2024\/05\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michael Cohen Admits To Crime Against Trump Organization - Great America News Desk\" \/>\n<meta property=\"og:description\" content=\"A surprising development… On Monday, former President Donald Trump’s “fixer” Michael Cohen admitted to Trump’s attorney Todd Blanche that he lied and previously stole money from the Trump Organization. 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