Report: Michael Cohen under investigation for possible bank fraud, campaign finance violations


President Trump's personal lawyer Michael Cohen, whose New York City office, hotel room, and home were raided by FBI agents on Monday, is under federal investigation for possible bank fraud, wire fraud, and campaign finance violations, a person with knowledge of the matter told The Washington Post.
Among the records seized were communications between Cohen and his clients and documents related to the $130,000 payment he made in 2016 to Stormy Daniels, the adult film star who says she had an affair with Trump. Stephen Ryan, an attorney for Cohen, told the Post the raid was related to an investigation referred by Special Counsel Robert Mueller to federal prosecutors in New York.
Mueller is required to notify Deputy Attorney General Rod Rosenstein if his investigators find any information that should be looked at but doesn't fall under his mandate, the Post reports, and he then decides if Mueller's mandate should be expanded or the information is referred to a U.S. attorney's office. Cohen is known for his loyalty to Trump, and left the Trump Organization in January 2017 after spending a decade as one of the company's top lawyers.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
Trump said to seek government stake in Intel
Speed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to China
Speed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with Disney
Speed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance merger
Speed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profits
Speed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages