Michael Cohen Admits to Steaming Thousands from Trump Organization

Photo: Spencer Platt / Getty Images News / Getty Images

In a bombshell, the former attorney for Donald Trump admitted on the stand that he stole from the Trump Organization.

Michael Cohen made the admission while facing cross examination from Todd Blanche, one of Trump's attorneys.

“You did steal from the Trump Organization based upon the expected reimbursement from Red Finch," Trump attorney Todd Blanche said, referencing the repayment plan in which he was supposed to pay Stormy Daniels $130,000, and tech company Red Finch $50,000.

"Yes, sir," Cohen replied.

Cohen testified that he went to the bank and withdrew cash over a couple of days, totaling $20,000, and kept it in a small brown paper bag and then gave it to Red Finch, but that he never gave the full $50,000 when the company failed to press him for the rest.

He testified that the Trump Organization thought he paid the full amount, for which he was still reimbursed despite not having actually paid it.

Cohen is the star witness for prosecutors and was the final witness they called to the stand.

Trump faces 34 counts of falsifying business records in relation to alleged hush money payments he made to pornography actress Stormy Daniels. Daniels herself also testified earlier on in the trial.


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