Reportedly Strikes Plea Deal
… For Bank, Tax Charges
8/21/2018 12:31 PM PDT
Donald Trump‘s former lawyer has surrendered to the FBI and has reportedly reached a plea deal with federal prosecutors … so get ready for a tweetstorm from the Prez for the ages.
Michael Cohen has just reportedly agreed to plead guilty to bank and tax fraud, as well as campaign finance violations … which are partly related to the notorious $130k “hush money” deal he struck with porn star Stormy Daniels in order to keep her quiet about her alleged tryst with Trump.
Trump, of course, denied having an affair with Daniels.
Cohen’s guilty plea reportedly also covers charges related to $20 mil in loans he obtained for his family’s taxi companies.
As you’ll recall, the months-long investigation of Cohen was referred to NY’s Southern District by special counsel Robert Mueller … and kicked into full gear after an April FBI raid on Cohen’s office, hotel room and home.
Cohen had been Trump’s lawyer and a loyal member of his inner circle for over a decade, but began to show signs of breaking with his former boss before audio tapes of his convos with Trump surfaced last month.
One such tape includes the 2 discussing paying off former Playboy model Karen McDougal in order to also keep her quiet about an alleged affair with Trump … which resulted in the Prez tweeting that it was “perhaps illegal” for a lawyer to record a client.
Stormy Daniels’ lawyer, Michael Avenatti, predicted to us that Cohen would release more Trump tapes soon … or turn over more evidence to help his cause and “spank” the President.
At this point, it’s unclear if Cohen’s plea deal means he has agreed to cooperate with the government — which could aid the investigation into Russian meddling in the 2016 election — but either way … it can’t make Trump a happy camper.