Donald Trump said that his campaign has agreed to participate in a vice presidential debate — but on Fox News.
Hush Money Trial: Former Chief Accountant Describes How Donald Trump Personally Made Payments To Michael Cohen
06.05.2024 - 19:13 / deadline.com
Prosecutors in Donald Trump’s hush money trial walked jurors through the financial specifics of their case against the former president.
A former chief of accounting at the Trump Organization testified today that he was instructed to pay $420,000 to Trump’s lawyer, Michael Cohen, using a form of reimbursement that was totally unfamiliar to him.
“Allen said we had to get some money for Michael,” former Trump company comptroller Jeffrey McConney said on the stand, referring to Cohen and to McConney’s supervisor, Trump CFO Allen Weisselberg, who is now in jail.
The company’s chief financial officer called McConney into a meeting in January of 2017 — the month of Trump’s inauguration as president — and presented him with a bank statement from Cohen that also contained handwritten notes and dollar amounts from Weisselberg.
The bank statement listed a $130,000 payment to a lawyer representing porn actor Stormy Daniels. Prosecutors say the bank account was for a shell company set up by Cohen to pay Daniels’ lawyer.
Weisselberg’s notes showed dollar amounts totaling $420,000 to be paid to Cohen in monthly installments of $35,000 beginning in February of 2018.
McConney spent three hours on the stand — over numerous defense objections — combing through invoices, emails, Trump company ledger entries, tax forms, and a government ethics filing as he was questioned by a prosecutor and then a defense lawyer about the payments to Cohen, which were billed by the company as legal work covered by a retainer agreement between Trump and Cohen.
Prosecutors say the payments in 2017 weren’t for legal work, but were instead reimbursements disguised as monthly taxable income so Trump could pay Cohen back for a $130,000 hush money payment
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