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Wall Street Journal: Former Trump lawyer Michael Cohen under investigation for possible tax fraud

President Donald Trump's former lawyer, Michael Cohen, is under federal investigation for tax fraud and poss...

Posted: Aug 7, 2018 9:14 PM
Updated: Aug 7, 2018 9:14 PM

President Donald Trump's former lawyer, Michael Cohen, is under federal investigation for tax fraud and possibly misrepresenting his finances, people familiar with the investigation told The Wall Street Journal.

The reported investigation adds to the wide-ranging federal investigation Cohen is already facing in relation to his business affairs and work with Trump. According to the Journal, authorities are investigating whether Cohen underreported his income in federal tax returns, in which he reaped hundreds of thousands of dollars over the last five years.

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People familiar with the matter told the Journal that authorities are also investigating whether any bank employees were improperly permitted to offer Cohen loans when he didn't provide adequate documentation. Investigators are reportedly examining Cohen's relationship with Sterling National Bank, which financed Cohen's taxi medallion business, and looking closely at whether Cohen lied or misrepresented information on loan applications.

Investigators are also looking into whether Cohen inflated his income "in loan applications and refinancing efforts," people familiar with the matter told the Journal.

Cohen's former accountant, Jeffrey Getzel, has been subpoenaed as part of the investigation, the paper reports.

Cohen has not been charged with a crime and the Journal said he previously denied wrongdoing. Lanny Davis, Cohen's attorney, declined to comment to the paper "out of respect for the ongoing investigation."

CNN has not independently confirmed the Journal's report.

Cohen is facing a wide-ranging federal investigation into his finances -- including potential bank fraud, campaign finance violations, and hush payments to women saying they had affairs with Trump, which the President has denied. Authorities raided Cohen's home, office and hotel room in April as part of the investigation.

The former Trump "fixer" once said he would take a bullet for his boss, but in recent months, he's suggested that he's willing to cooperate with federal authorities.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 516486

Reported Deaths: 10299
CountyCasesDeaths
Harrison35042558
DeSoto33463432
Hinds32797643
Jackson24926392
Rankin22593405
Lee16523245
Madison14978283
Jones14191248
Forrest13852260
Lauderdale12326323
Lowndes11387193
Lamar10713140
Pearl River9759244
Lafayette8881143
Hancock7848132
Washington7561169
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Monroe7091179
Pontotoc7060110
Warren6892178
Panola6807135
Neshoba6753210
Marshall6735142
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Union645699
Alcorn5950108
Pike5947157
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George511080
Prentiss510185
Tippah497983
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Scott479499
Tate4786118
Adams4784125
Leflore4756144
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Copiah458395
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Wayne443772
Covington435395
Sunflower4331106
Marion4311112
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Tishomingo388894
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Stone366466
Attala341690
Jasper341566
Chickasaw319167
Winston318892
Clay313978
Clarke301995
Calhoun288950
Holmes273389
Smith270852
Yalobusha245847
Tallahatchie232653
Greene225449
Walthall222166
Lawrence220842
Perry214656
Amite210357
Webster206748
Noxubee188843
Montgomery182757
Carroll175841
Jefferson Davis174643
Tunica163939
Benton153439
Kemper145541
Choctaw137827
Claiborne134839
Humphreys132339
Franklin126630
Quitman107928
Wilkinson106139
Jefferson97334
Sharkey65321
Issaquena1957
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Alabama Coronavirus Cases

Cases: 848779

Reported Deaths: 16185
CountyCasesDeaths
Jefferson1164582005
Mobile744601384
Madison53563738
Shelby38454371
Baldwin38215589
Tuscaloosa36172644
Montgomery34573782
Lee25690264
Calhoun22636520
Morgan22548411
Etowah20075520
Marshall18865318
Houston17795426
St. Clair16968359
Limestone16206220
Cullman16170306
Elmore15952295
Lauderdale15093307
Talladega14267302
DeKalb13095271
Walker12180380
Blount10791193
Autauga10562157
Jackson10221196
Coffee9440192
Colbert9376210
Dale9049192
Tallapoosa7287202
Russell711465
Chilton7098170
Covington6973197
Escambia6969144
Franklin6369108
Chambers5810142
Marion5446132
Dallas5306210
Pike5135109
Clarke486086
Lawrence4852130
Winston4804110
Geneva4656136
Bibb436495
Barbour370880
Butler3445101
Marengo342993
Monroe338566
Randolph338067
Pickens335090
Fayette332285
Henry321266
Cherokee320564
Hale319589
Crenshaw261878
Washington256852
Cleburne255460
Lamar253555
Clay253169
Macon246367
Conecuh193562
Coosa186048
Wilcox178538
Lowndes178468
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Perry141940
Sumter139841
Greene130745
Choctaw94628
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