Economy

Longtime Trump Organization CFO granted immunity in Cohen case

Longtime Trump Organization CFO granted immunity in Cohen case”

Cohen also says those payments were for the goal of influencing the election, which prosecutors say is a violation of campaign finance laws.

Weisselberg's knowledge of the inner workings of the Trump Organization may be second only to Trump's.

While both men were granted immunity in the weeks before Cohen's plea, they are theoretically obligated to cooperate in future related federal probes.

Cohen, who once said he would "take a bullet" for Trump, commented in court on Tuesday that Trump directed him to arrange payments of $130,000 to porn star Stormy Daniels and $150,000 to former Playboy model Karen McDougal to buy their silence about alleged affairs before the election.

Cohen is asking the public for help paying for his legal defense, and one anonymous donor already has put up $50,000, the Associated Press reported. Trump argued on Thursday the move could have dire economic consequences.

And now everyone from Michael Cohen to Omarosa to Sacha Baron Cohen is releasing audio and video tapes exposing Trump as a liar.

Still, the week's developments brought the investigations up to the doorstep of Trump Tower - a place that Trump has warned Mueller is a no-go. Legal experts told The Times that NY prosecutors could now question Mr Weisselberg about any topic and he would be required to answer under the immunity deal or risk perjury charges.

He was there in the lobby of Trump Tower in June 2015 when his boss descended an escalator and changed history by declaring his candidacy for president. "Trump certainly would not have authorized the payments unless he thought it was politically imperative to do so".

"David gets hit by a truck", Trump says. He remained in NY when Trump moved to Washington.

5 No other administration figure has caused Trump more agitation than Attorney General Jeff Sessions, who recused himself from the Mueller inquiry. Another person with knowledge of Trump's thinking said the president continues to direct much of his ire at Attorney General Jeff Sessions, who infuriated him by recusing himself from the Russian Federation probe.

On Tuesday Paul Manafort, at one time Trump's campaign chairman, was convicted of five counts of tax fraud, two counts of bank fraud and one count of failure to disclose a foreign bank account.

A cooperation deal between Weisselberg and prosecutors could be hugely damaging to Trump given the executive's longtime role in Trump's business affairs.

Worry grew within the White House about what had been seized. "I know all about flipping", Trump said during a TV interview.

Trump, who had previously said that Cohen would remain loyal to him and "never flip" mocked his former lawyer, calling his professional competence into question.

Through his lawyer, Donald Trump's former "fixer" says collecting contributions through a GoFundMe page set up after his guilty plea this week is the only way to ensure the truth comes out about the president.

By all appearances, Cohen's lifestyle was lavish. "If the organization goes down, it's awful for him".

Cohen began wondering to friends whether loyalty with Trump had become a one-way street, the people said. Guy Petrillo, an attorney for Cohen, did not respond to a request for comment.

According to court filings, Cohen in early 2017 submitted an invoice to Weisselberg seeking to be repaid for legal expenses and payments he said he made on Trump's behalf.

Cohen was embraced by the cable news networks as an irresistible foil to Trump. But a deal has yet to be struck and there are doubts about what Cohen can prove or whether the special counsel would want to rely on an untrustworthy witness.

Trump's base will remain faithful to him to the bitter end, but the people who really matter are turning against him, and it doesn't bode well for his political survival.



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