Michael Avenatti and Anthony Scaramucci

Sean Reid
May 18, 2018

President Trump's financial disclosure, released on Wednesday, included for the first time repayment of more than $100,000 to his personal lawyer, Michael D. Cohen, in 2017, raising questions about whether Trump's sworn filing from a year ago improperly omitted the debt.

A government coverup of the Cohen reports "makes no sense", said Aaron Wolfson, a lawyer who previously oversaw suspicious activity reporting for JPMorgan Chase.

The president's failure to disclose that he repaid Cohen for the pre-election payout to Daniels has now been referred to the Department of Justice.

Cohen is under investigation, in part over a $130,000 payment to Daniels in exchange for her silence about an alleged sexual encounter with Trump a decade ago. "Mr. Cohen sought reimbursement of those expenses and Mr. Trump fully reimbursed Cohen in 2017".


Ms Daniels is suing to be released from the hush agreement reached with Mr Cohen, claiming it is invalid because Mr Trump never signed it.

The New York Times reported television agent Jay Sures talked with executives at the cable news outlets about a program where the pair would square off.

Mr Mueller is investigating possible collusion between Trump's 2016 presidential campaign and Russian Federation, something that Mr Trump has repeatedly denied. The claim is the latest in a string of maneuvers that have bedeviled Trump and Cohen. The White House did not respond to requests for comment to clarify the reason for Trump's payment to Cohen.

The offer, which Qatar declined, came on the margins of a December 12 meeting that year at Trump Tower between the Persian Gulf state's foreign minister and Michael Flynn, who became Trump's first national security adviser.


Five former government officials and experts on financial crime told The Washington Post that access to reports on the president's former attorney could have been restricted over concern they were particularly vulnerable to leaking.

The president said he did not have to acknowledge the reimbursement, but did so "in the interest of transparency". Avenatti refused to discuss the timing of the payments specifically, but said "they may prove to be problematic" for Trump. The President reimbursed that over the period of several months.

A new bombshell investigation by BuzzFeed News has revealed that President Donald Trump signed a letter of intent to begin building a Trump Tower in Moscow in October 2015 - months after he formally announced his presidential campaign.

In his financial discloser form, Trump has listed assets of at least United States dollars 1.4 billion and income of more than USD 452 million.


At least, that's what Office of Government Ethics (OGE) Director David Apol believes.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER