Cohen admits stealing tens of thousands from Trump organization
Former lawyer Michael Cohen admitted to stealing thousands of dollars from the Trump organization during former President Trump's New York City trial on Monday.
Cohen made the admission while facing cross examination from Todd Blanche, one of Trump's attorneys.
“You did steal from the Trump Organization based upon the expected reimbursement from Red Finch," Trump attorney Todd Blanche said, referencing the repayment plan in which he was supposed to pay Stormy Daniels $130,000, and tech company Red Finch $50,000.
"Yes, sir," Cohen replied.
Cohen testified that he went to the bank and withdrew cash over a couple of days, totaling $20,000, and kept it in a small brown paper bag and then gave it to Red Finch, but that he never gave the full $50,000.
Cohen is the star witness for prosecutors and was the final witness they called to the stand.
Trump faces 43 counts of falsifying business records in relation to alleged hush money payments he made to pornography actress Stormy Daniels. Daniels herself also testified earlier on in the trial.
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