Michael Cohen, Trump’s former attorney, said New York state could look to recover $750 million to $1 billion in penalties and fines against Trump.
Video of Michael Cohen on MSNBC’s The Sunday Show with Jonathan Kephart:
Asked if the New York v. Trump case would be prosecuted, Cohen said:
They had chances to settle. We don’t know what the facts are behind it. However, 250 million according to the 200-page indictment from before–only the unwavering attorney general is the foundation you’re looking for. This is not the ceiling. We’re talking anywhere, just about anywhere, based on my estimation based on the documents I know the attorney general has, I suspect he’s probably looking at somewhere between 750 million to a billion dollars in fines and fines.
Cohen noted that these are potentially financial and tax crimes Trump may have committed and that the numbers don’t lie, so unlike other cases against Trump where he has spoken against someone else, the problem here is a mountain of written evidence and documents laid out. of the fraud that was committed.
If New York tries to recover $1 billion against Trump, it will destroy the former president, his family and his business financially.
Trump has about $900 million in loans maturing from 2022 to 2024. His business failed for years, with his main source of income being fundraising, and when he was president, he would turn away from taxpayers and use his position to make money.
If New York comes after Trump for all it is due, he will be financially destroyed.
Mr. Easley is Managing Editor. He is also a White House news reporter and congressional correspondent for PoliticusUSA. Jason holds a BA in Political Science. His graduating work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Association of Professional Journalists and the American Political Science Association