Tiny Red HandsBack

Trump Organization pays Cohen $420,000 through monthly invoices labeled legal fees

Date
2017-02-14
Entry type
concealed-reimbursement
Current status
Payments completed; records later central to Trump's New York falsification conviction

Executives grossed up the hush-money and technology reimbursement, added a bonus, and paid it in installments without a retainer agreement.

Entities and roles

Relationships in this file

  1. Donald J. Trumppersonal attorney and Trump Organization executiveMichael Cohen

Money trail

  1. paymentTrump Organization reimbursement package$420,000
    Paid by / source
    Trump Organization
    Received by
    Michael Cohen
    Financially affected
    Trump Organization
    realized · 2017-12-05 · observedPopulation Twelve scheduled $35,000 payments to Cohen covering grossed-up expenses and bonusPeriod 2017-02-14 to 2017-12-05Basis Use the total and payment structure admitted in Cohen's federal plea; treat it as reimbursement/bonus flow separate from the underlying Daniels wire.Limits The total included tax gross-up, a technology allocation, and bonus; it is not all reimbursement for the $130,000 wire.Open cited evidence

Claims and evidence

  1. factconvicted

    Cohen sought reimbursement for the $130,000 Daniels payment, a $35 fee, and a claimed $50,000 technology expense. Trump Organization executives doubled $180,000 for taxes, added a $60,000 bonus, and scheduled $420,000 in $35,000 monthly checks supported by invoices for legal services. Cohen admitted there was no retainer and the invoices concealed reimbursement. The $420,000 went to Cohen as reimbursement and bonus, not to Daniels as additional hush money.