Federal investigators are looking into whether Michael Cohen, President Trump's former lawyer and fixer, committed bank and tax fraud when securing more than $20 million in loans and if he violated campaign finance laws when arranging financial deals with women who said they had affairs with Trump, several people familiar with the matter told The New York Times.
Two people said the probe is in its end stages, and prosecutors are mulling filing charges by the end of August. Investigators are trying to figure out if Cohen misrepresented the value of his assets in order to obtain loans from two banks for his taxi business, and if he failed to report income from that same business to the IRS, the Times reports. Read more about the investigation and what might happen if Cohen decides to take a plea agreement at The New York Times.
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.
-
Shein in Paris: has the fashion capital surrendered its soul?Talking Point Despite France’s ‘virtuous rhetoric’, the nation is ‘renting out its soul to Chinese algorithms’
-
Sudoku hard: November 16, 2025The daily hard sudoku puzzle from The Week
-
5 hilariously incriminating cartoons about the Epstein filesCartoons Artists take on an Epstein Thanksgiving, solving the puzzle, and more
-
US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed 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 ChinaSpeed 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 DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
