Current:Home > ScamsDonald Trump expected back at civil fraud trial with fixer-turned-foe Michael Cohen set to testify -CapitalWay
Donald Trump expected back at civil fraud trial with fixer-turned-foe Michael Cohen set to testify
View
Date:2025-04-25 01:57:13
NEW YORK (AP) — Michael Cohen once proclaimed he’d “take a bullet” for Donald Trump. Now, after breaking with the former president amid his own legal troubles, the fixer-turned-foe is poised to testify against his old boss Tuesday as a key witness at the civil fraud trial that threatens to upend Trump’s real estate empire and wealthy image.
Trump is expected to be in court for the highly anticipated testimony, detouring from his usual campaign haunts to the Manhattan courtroom for a sixth day this month. Cohen scrapped their expected showdown last week, citing a health issue. Cohen has said it will be his first time seeing Trump in five years.
Trump attended the trial for two days last week — having planned the trip when it was expected that Cohen would be testifying. Trump was also in court for the trial’s first three days in early October. The trial wasn’t held Monday because of issues related to an apparent COVID-19 exposure. Trump is expected to testify later in the trial. All of his trips to the case so far have been voluntary.
Each time, the front-runner for the 2024 Republican presidential nomination has complained to TV cameras in the courthouse hallway about a case he’s derided as a “sham,” a “scam” and “a continuation of the single greatest witch hunt of all time.”
New York Attorney General Letitia James’ lawsuit alleges that Trump and top executives at his company, the Trump Organization, conspired to pad the business mogul-turned-politician’s net worth by billions of dollars on financial statements provided to banks, insurers and others to make deals and secure loans.
The judge, Arthur Engoron, has already ruled that Trump and his company committed fraud, but the trial involves remaining claims of conspiracy, insurance fraud and falsifying business records.
As punishment, Engoron ordered that a court-appointed receiver take control of some Trump companies, putting the future oversight of Trump Tower and other marquee properties in question, but an appeals court has blocked that for now.
Trump denies any wrongdoing. He says his assets were actually undervalued and maintains that disclaimers on his financial statements essentially told banks and other recipients to check the numbers out for themselves.
Cohen spent a decade as Trump’s fiercely loyal personal lawyer before famously turning on him in 2018 amid a federal investigation that sent Cohen to federal prison. He is also a major prosecution witness in Trump’s separate Manhattan hush-money criminal case, which is scheduled to go to trial next spring.
James, a Democrat, has credited Cohen as the impetus for her civil investigation, which led to the fraud lawsuit being decided at the trial. She cited Cohen’s testimony to Congress in 2019 that Trump had a history of misrepresenting the value of assets to gain favorable loan terms and tax benefits.
Cohen gave copies of three of Trump’s financial statements to the House Committee on Oversight and Reform. Cohen said Trump gave the statements to Deutsche Bank to inquire about a loan to buy the NFL’s Buffalo Bills and to Forbes magazine to substantiate his claim to a spot on its list of the world’s wealthiest people.
Cohen went to prison after pleading guilty in 2018 to tax evasion, lying to Congress and campaign finance violations, some of which involved his role in arranging hush-money payments to women during Trump’s 2016 campaign.
Earlier this month, Trump dropped a $500 million lawsuit that accused Cohen of “spreading falsehoods,” causing “vast reputational harm” and breaking a confidentiality agreement for talking publicly about the hush-money payments.
But a Trump spokesperson said he had only decided “to temporarily pause” the lawsuit as he mounts another campaign for the White House and fights four criminal cases, but said he would refile at a later date.
With Trump expected in court for Cohen’s testimony, it’ll be the ex-president’s first time at the trial since Engoron fined him $5,000 on Friday because a disparaging social media post about a key court staffer lingered on his campaign website for weeks after it was ordered deleted.
___
Follow Sisak at x.com/mikesisak and send confidential tips by visiting https://www.ap.org/tips.
veryGood! (641)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Cowboys, Eagles clinch NFL playoff spots in Week 15 thanks to help from others
- A gloomy mood hangs over Ukraine’s soldiers as war with Russia grinds on
- Pope says priests can bless same-sex unions, requests should not be subject to moral analysis
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- A suspected cyberattack paralyzes the majority of gas stations across Iran
- Así cuida Bogotá a las personas que ayudan a otros
- Ukraine councilor detonates grenades at meeting, wounding 26, in attack captured on video
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Judge overturns Mississippi death penalty case, says racial bias in picking jury wasn’t fully argued
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Ukraine’s military chief says one of his offices was bugged and other devices were detected
- Larry Kramer, outgoing CEO of mega climate funder the Hewlett Foundation, looks back on his tenure
- Texas sweeps past Nebraska to win second straight NCAA women's volleyball championship
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Locked out of local government: Residents decry increased secrecy among towns, counties, schools
- Ravens vs. Jaguars Sunday Night Football highlights: Baltimore clinches AFC playoff berth
- Want to be greener this holiday season? Try composting
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Amanda Bynes Reveals Why She's Pressing Pause on Her Podcast One Week After Its Debut
Behind the ‘Maestro’ biopic are a raft of theater stars supporting the story of Leonard Bernstein
Taylor Swift Brings Her Dad to Help Cheer on Travis Kelce at Chiefs Game
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
15 suspected drug smugglers killed in clash with Thai soldiers near Myanmar border, officials say
BP is the latest company to pause Red Sea shipments over fears of Houthi attacks
Bangladesh court denies opposition leader’s bail request ahead of a national election