"Trump vs. Cohen: Explosive Testimony Unfolds in Fraud Trial"

1 min read
Source: PBS NewsHour
"Trump vs. Cohen: Explosive Testimony Unfolds in Fraud Trial"
Photo: PBS NewsHour
TL;DR Summary

Michael Cohen testified in a fraud trial against former President Donald Trump, stating that he worked to inflate the value of Trump's assets to whatever number Trump desired. Trump's lawyers and Trump himself attempted to discredit Cohen, calling him a proven liar due to his previous guilty pleas and criminal convictions. Cohen is a key figure in a lawsuit brought by New York Attorney General Letitia James, alleging that Trump and his company deceived banks and insurers by providing inflated financial statements. Cohen's testimony detailed how he and Trump's former finance chief would manipulate the value of Trump properties to obtain more favorable premiums and loans. Trump denies the allegations and dismisses Cohen's account as that of a disgraced felon.

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