BREAKING NEWS Alabama to require face masks as coronavirus surges in state Full Story
WEATHER AUTHORITY : Heat Advisory View Alerts

Sources: Feds preparing charges against Cohen

Federal prosecutors are preparing criminal charges against President Donald Trump's former lawyer Michael Cohen and could announce them by the end of the month, people familiar with the matter tell CNN. CNN's Athena Jones reports.

Posted: Aug 31, 2018 5:26 PM
Updated: Aug 31, 2018 5:40 PM

Federal prosecutors are preparing criminal charges against President Donald Trump's former lawyer Michael Cohen and could announce them by the end of the month, people familiar with the matter tell CNN.

The US Attorney's office for the Southern District of New York has been investigating Cohen for possible bank and tax fraud and campaign finance violations related in part to a $130,000 hush money payment made to silence porn star Stormy Daniels' allegations of an affair with Trump. Trump has denied an affair.

Investigators are also examining more than $20 million in loans obtained for Cohen and his family's taxi companies, The New York Times reported Sunday night, citing people familiar with the matter.

Criminal charges against Cohen would be a major setback to President Donald Trump because Cohen has long been in his inner circle. Cohen has prided himself over the years on his reputation as Trump's pit bull and once said he "would take a bullet" for Trump.

But Trump's longtime consigliere has since broken allegiance with his former boss. Cohen has expressed a willingness to cooperate with the investigation, but it isn't clear if prosecutors are interested in a deal or what information he has to offer them. The US Attorney's office operates under the guidelines of the Justice Department, which advises against indicting a sitting president.

The Cohen investigation was referred to the Southern District of New York by special counsel Robert Mueller. Should Cohen seek to make a deal to avoid indictment, it could require him to cooperate with any investigation prosecutors wish, including the Russia probe.

As of last week, Cohen hadn't met with prosecutors in New York, according to people familiar with the matter.

FBI agents raided Cohen's hotel room, office and home in April. At the time prosecutors said their investigation had been underway for months. The search warrant authorizing the raid referenced Cohen's taxi medallion business, the identity of banks that loaned him money and payments made to suppress negative information during the presidential campaign.

Investigators are finalizing the charges, but the timing of their announcement is fluid, the sources say. Prosecutors' plans to make a decision by the end of August was first reported by the New York Times.

The prosecutors who have been investigating Cohen have been mindful of the election cycle when weighing when to charge him, a person familiar with the matter told CNN, and as a result have considered bringing charges either before September or waiting to do so until after the midterm elections.

Cohen's attorney, Lanny Davis, declined to comment when contacted by CNN. A spokesman for the US attorney's office also declined to comment.

According to the Times, investigators are trying to determine whether Cohen misrepresented the value of his assets to obtain the loans from two financial institutions that have catered to the taxi industry. They are also scrutinizing whether he failed to properly report his income from taxi medallions to the Internal Revenue Service, the Times reported.

CNN previously reported that Cohen is under investigation for possible bank and tax fraud, that his taxi medallions are a focus of the investigation, and that one of the banks that made the loans was Sterling National Bank. The Times, citing financial records and people with knowledge of the matter, reported that the other financial institution is the Melrose Credit Union.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 37542

Reported Deaths: 1272
CountyConfirmedDeaths
Hinds310258
DeSoto205020
Madison156039
Jones125450
Harrison123116
Rankin117320
Forrest107143
Neshoba105077
Lauderdale97581
Scott83715
Jackson80919
Washington78214
Copiah69016
Leake65120
Lee64023
Grenada63412
Oktibbeha63228
Lamar6127
Warren61222
Holmes60842
Wayne57519
Yazoo5747
Leflore56956
Lowndes55317
Lincoln54136
Pike52821
Lafayette5274
Sunflower5269
Monroe47239
Panola4696
Covington4665
Simpson4613
Bolivar42818
Tate41813
Attala39024
Pontotoc3906
Adams38820
Newton37910
Marion35612
Claiborne31811
Pearl River31732
Marshall3074
Winston30513
Chickasaw30419
Jasper2956
Walthall2899
Noxubee2819
Clay26811
Smith26112
Union25811
Coahoma2376
Clarke23425
Lawrence2182
Yalobusha2089
Tallahatchie2064
Montgomery1903
Carroll18911
Kemper18414
Humphreys17810
Calhoun1765
Hancock15813
Itawamba1528
Tippah15111
Jefferson1353
Webster13511
George1313
Jefferson Davis1294
Prentiss1294
Tunica1273
Amite1183
Greene11810
Alcorn1132
Tishomingo1111
Quitman1041
Wilkinson1049
Perry954
Stone802
Choctaw764
Franklin582
Sharkey520
Benton490
Issaquena111
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 56441

Reported Deaths: 1136
CountyConfirmedDeaths
Jefferson7186174
Mobile5206147
Montgomery4690114
Tuscaloosa277754
Madison27299
Marshall209012
Shelby182026
Lee171637
Morgan14296
Baldwin139611
Walker112635
DeKalb11187
Etowah110414
Elmore110124
Dallas102810
Franklin96016
Unassigned81428
Russell7340
Autauga73317
Chambers69332
Limestone6914
Cullman6896
Houston6587
Butler65631
St. Clair6463
Tallapoosa64669
Lauderdale6337
Colbert5826
Calhoun5776
Escambia5228
Lowndes49723
Pike4915
Jackson4722
Coffee4534
Covington43913
Talladega4337
Dale4142
Barbour4133
Bullock38010
Hale36723
Marengo36411
Chilton3563
Blount3441
Marion33214
Clarke3296
Wilcox3258
Winston3157
Sumter30413
Pickens2806
Randolph27910
Monroe2773
Perry2632
Conecuh2478
Bibb2322
Macon2279
Choctaw22112
Greene2019
Henry1613
Washington1588
Lawrence1510
Crenshaw1403
Cherokee1357
Geneva1060
Lamar951
Clay922
Fayette902
Coosa691
Cleburne531
Out of AL00
Tupelo
Clear
90° wxIcon
Hi: 94° Lo: 76°
Feels Like: 101°
Columbus
Clear
89° wxIcon
Hi: 94° Lo: 74°
Feels Like: 106°
Oxford
Scattered Clouds
90° wxIcon
Hi: 92° Lo: 74°
Feels Like: 100°
Starkville
Scattered Clouds
88° wxIcon
Hi: 91° Lo: 72°
Feels Like: 98°
WTVA Radar
WTVA Temperatures
WTVA Severe Weather