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Michael Cohen Admits He Stole from Trump Organization

May 20, 2024 · 11:02 am ET · Leave a Comment

Michael Cohen admitted he lied to the Trump Organization about the amount he needed to be reimbursed for paying a tech firm to rig polls during the 2016 presidential campaign, The Hill reports.

“Trump’s 34 charges correspond to documents generated in repaying Cohen a total of $420,000 in 2017. Prosecutors say the amount included $130,000 to reimburse Cohen for the hush money payment at the center of the case, $50,000 for the tech firm bill and additional funds to ‘gross up’ the amount for tax purposes and pay Cohen’s bonus.”

“But Cohen admitted on the stand that he didn’t actually pay the tech firm, RedFinch Solutions, $50,000, despite telling the Trump Organization’s then-CFO he needed to be reimbursed for that amount.”

Asked Trump attorney Todd Blanche: “You did steal from the Trump Organization based on expected reimbursement from RedFinch?”

Replied Cohen: “Yes, sir.”

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