Michael Cohen’s ‘Essential Consultants’ Business Is a Big Problem for Donald Trump

Source: Time

At 5:06 p.m. on May 8, Michael Avenatti, the ubiquitous lawyer for adult-film star Stormy Daniels, tweeted a bombshell. Avenatti, whose client is suing President Trump, said he had obtained a list of alleged wire transfers dating from October 2016 to January 2018 into and out of a company controlled by Michael Cohen, Trump’s personal lawyer. Among the alleged inflows to Essential Consultants LLC: half a million dollars from a firm controlled by an aluminum baron close to Russian President Vladimir Putin and hundreds of thousands of dollars from companies with business before the Trump Administration, including telecom giant AT&T and Swiss pharmaceutical behemoth Novartis. Going out, Avenatti claims: the now famous $130,000 mystery-money payment to Daniels, hundreds of thousands of dollars to Cohen’s own bank accounts and millions of dollars in unaccounted for payments to unknown parties.

FILE PHOTO: U.S. President Donald Trump's personal lawyer Michael Cohen exits a hotel in New York

FILE PHOTO: U.S. President Donald Trump’s personal lawyer Michael Cohen exits a hotel in New York City, U.S., April 11, 2018. REUTERS/Brendan McDermid/File Photo – RC1D90F7EDC0

In the hours following the tweet, several of Cohen’s clients confirmed the payments, and it became clear that a new front had opened up in Trump’s legal and political battlefield. For the past year, Trump had railed against the investigation led by special counsel Robert Mueller as a witch hunt into nonexistent election collusion with Russia. Avenatti’s disclosures, coming just a month after an FBI raid of Cohen’s temporary residence and office, showed that the Justice Department probe has expanded to encompass the business and political activities of Trump’s inner circle during the transition and under his presidency, including payments allegedly made in the President’s personal interest. The broadening investigation is a problem for Trump that firing Mueller can’t solve.

Read more

1 reply

  1. How long is all this going on? It is well known that Trump was a womanizer and it is well known that he did / does business with the Russians. Still he was elected. So? I say stop all these ‘inquiries’. If you like bring a ‘vote of no-confidence’ or ‘impeachment’ and if Trump survives in spite of all that is known then so be it. ‘The people have spoken’ … (whether we like it or not)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.