Michael Cohen says he and Trump both knew hush money payments were wrong

President Trump's former lawyer Michael Cohen is speaking out in his first televised interview since being sentenced to three years in prison.

Cohen told ABC News Friday that "of course" Trump knew that making hush money payments to two women, Karen McDougal and Stormy Daniels, was wrong. But Cohen says his boss instructed him to silence the women, who have alleged they had affairs with Trump before he ran for president. Trump denies their allegations. "I knew what I was doing was wrong," Cohen also said.

Referring to Trump's claim that the payments were made without his knowledge, Cohen said, "I don't think there is anybody that believes that ... He directed me to make the payments."

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Trump has additionally argued that the payments were not campaign contributions, but Cohen tells ABC that they were specifically made to "help [Trump] and his campaign.”

Cohen regrets giving loyalty to Trump, who "truthfully does not deserve loyalty," he said. When ABC's George Stephanopoulos asked Cohen why people should believe him now when he has pleaded guilty to lying to Congress, Cohen responded that prosecutors have a "substantial amount of information that they possessed that corroborates the fact that I am telling the truth," adding that he's "done with the lying."

Speaking more about his former boss, Cohen observed that Trump is now a "very different individual" than in the past because the "pressure of the job is much more than what he thought it was going to be." Watch a portion of Cohen's interview with ABC below. Brendan Morrow