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Breaking: Michael Cohen Just ADMITTED Stealing $30,000 From Trump Organization

Disgraced former Trump attorney Michael Cohen continues to dig himself into a deeper hole as he faces questioning during the ongoing Manhattan “hush money” trial against the former president.

News broke on Monday that Cohen casually made a stunning admission about stealing a large sum of money from his former boss.

As the New York Post reported:

“You did steal from the Trump Organization based on the expected reimbursement from Red Finch, correct?” Trump lawyer Todd Blanche, his voice rising to a high pitch, asked Cohen.

“Yes, sir,” Cohen calmly replied.

Trump broke away from his eyes-closed position during this exchange and popped a mint before appearing to pay close attention to Cohen’s testimony.

“Have you paid back the Trump Organization for the money you stole from them?” Blanche asked later.

“No, sir,” Cohen responded.

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Some critics of Donald Trump hoped Cohen would provide testimony that would help secure a conviction, but he has instead inflicted further damage to his own tattered reputation.

His latest admission sparked a flurry of discussion on social media:

As for the context of his embezzlement, the Daily Beast offered some additional coverage:

Cohen’s $420,000 included $50,000 meant to repay him for an entirely different deal: the way he recruited a tech company called Red Finch to do some internet domain-related work for Trump.

However, in recent days, Cohen has revealed that the notorious miser Trump stiffed the tech company—putting Cohen in the awkward position of having to pull $20,000 out of his own TD Bank account and giving it to Red Finch’s CEO in late 2015 or early 2016. On Monday morning, Cohen described meeting the man at an office and handing him a brown paper bag full of cash—drawing muted laughs from the courtroom given its comically crooked appearance.

But as Blanche pressed for details, Cohen acknowledged that he never paid Red Finch the remaining $30,000 bill. And as far as the tech company is concerned, the Trump Organization still owes it that money.

Here’s some previous coverage of the damage Cohen has done to the prosecution’s flimsy case against Trump:

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RELATED REPORT:

JUST IN: Michael Cohen’s Testimony Can Be Used Against Him!

It just keeps getting better (my perspective) when it comes to Michael Cohen.

Now Fox News reports that not only has the case against Donald Trump imploded, but things may now Boomerang and turn on Cohen.

From Fox News:

‘CRINGEWORTHY’: Michael Cohen’s testimony can be used against him

Watch this:

Full transript:

The defenses cross-examination of
Michael Cohen is back underway let’s
bring in trial attorney Mercedes Cen uh
Todd blanch is exploring some

interesting ground right now and that is
secret recordings that Michael Cohen had
on his phone according to our Carrie
kupek Cohen has testified that he had

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about a hundred secret recordings on his
phone about 40 of them were with
journalists one of them was with the
former president of the United States we

don’t know what the other ones were but
I’m not quite sure what he’s getting at
here I mean legally speaking if you’re
in New York which is a one party

consent state but you’re recording
somebody who’s in California which is a
two-party State the stricter law is the
superseding law so potentially there’s a

an infringement on the law there but
what do you think the bigger picture is
here great to be on with you John and
Sandra as always it really is about

giving the jury the perspective that
Michael Cohen is untrustworthy it’s
cringeworthy for jurors even though
you’re absolutely right if it’s a one-

party state there’s no laws that have
been broken but it’s cringeworthy for
jurors to sit there who are trying to
determine his credibility that he has so

many recordings in which when it’s a one
party State you know you don’t have to
disclose it to the participant in the
call that you’re actually recording them

so it is personally when this comes up
in cases that I’ve handled it is
something that especially if it’s at the
opposing side you can certainly put your

arms around it and almost jump up and
down and Glee because this is something
that can be used against the opposing
side Mercedes let me get your reaction

to this Cohen um would communicate he
said in this courtroom just now with
reporters via text signal and other
encrypted apps Cohen decided what

communication to use depending on the
topic that he was discussing with the
particular reporter saying if it was a
private or unusual conversation I’d go

to one of the encrypted apps to John’s
point and uh what Carrie was
highlighting a moment ago there were a
total of 95 total recordings on his

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phone he’d record Trump and reporters
Cohen says he understands that it’s not
ethical for a lawyer to record their
client but he noted that there is a

quote crime fraud exemption rule blanch
then said but didn’t you just record
Trump to show to pecker not the crime
fraud exemption rule Cohen answers

saying yes but you asked me if there are
any exceptions your response to that
Mercedes well those that’s a great Q&A
think about the two lawyers that are on

that jury they know how inappropriate
generally speaking it is to record your
clients without them knowing that
they’re being recorded that is something

that because we’re fiduciaries we have
this this hir duty to our clients you
don’t generally typically record your
client if you believe that your client’s

about to commit a crime then of course
you can set aside the attorney client
privilege then you have to notify the
authorities there’s a whole body of law

that talks about that but the good thing
about that Q&A between Todd blanch and
Michael Cohen is that there seems to be
an inconsistency and wherever you have

an inconsistency with a witness that you
are attacking their credibility it has
to be highlighted before the jury and
that’s exactly what Todd blanch did all

right so uh so blanch is trying to paint
a picture of a guy here who literally
cannot be trusted and then there’s this
idea too of has he lied on the stand and

there’s a lot of people who believe that
Cohen wasn’t truthful when he said that
he made the recording of trump to show
David pecker uh because why would he

need to show that to David pecker some
people think it was for his own purposes
and then there’s this idea the phone
call with the chief of security Keith

Schiller which Cohen said was about
story Daniels but blanch is now saying
or eliciting from Cohen that it was
about a 14-year-old Prank Caller does

this go to the potential instruction
from the judge
uh that if the jury believes that Cohen
has lied about anything on the stand
they can discount the entirety of his

testimony there is a perfect jury
instruction that I use in every single
trial falses Anum falses and Plum
basically false in one false in

everything if the jury and this will be
an instruction we’ll have to see if if
the judge allows this instruction but
generally speaking it is allowed if the

jury believes that Michael Cohen has
lied under oath in this during this
trial they can discount his entire
testimony now that’s obviously that is

very Broad and sweeping we’ll have to
see what the what the jur what the judge
decides about that jury instruction in
particular but you see that jury

instruction just about all trials lot
more to come this afternoon Mercedes
thanks so much we’ll be right back hey
everyone I’m Emily compono catch me and

my co-hosts Harris vulner and Kaye mcki
on outnumbered every weekday at 12:00
p.m. Eastern or set your DVR also don’t
forget to subscribe to the Fox News

YouTube page for daily highlights

And from yesterday in case you missed this:

Alvin Bragg’s Case Continues To Fall Apart As Michael Cohen Implodes On Cross-Exam

There’s an old saying that says you should quit while you’re ahead.

I was going to say Alvin Bragg would have been wise to follow that, but then I realized he was never really “ahead” in the first place.

This “got Trump” case started off ill-conceived and it has only gone downhill since it started.

But the juiciest parts have been disgraced former Trump attorney Michael Cohen’s implosion on the witness stand.

When your testimony doesn’t go well on direct exam (by the attorney that called you and should be friendly to you), then you can really expect a big crash and burn on cross exam.

Former Federal Prosecutor Katie Cherkasky used the word “annihilation” on Fox News:

Even CNN’s panel is now saying Alvin Bragg’s case has entered the “territory of doom”:

Sure enough, the cross exam did not dissappoint!

We’ve only just begun, and my friends over at TrendingPolitics provided this partial transcript which is delicious to read:

“You continued to call President Trump various names on your podcasts and when you’re even doing CNN interviews, correct?” Blanche asks. “Correct,” Cohen says. After President Trump criticized Cohen in a Truth Social post in March of 2023, Cohen shot back with another insult.

“You called him dumba** Donald?” Blanche asked. “Sounds correct,” Cohen confirms.

Nor could Cohen contain himself from commenting about the trial on TikTok where he has been criticized for allegedly monetizing his comments. Blanche highlighted one statement where Cohen admitted he had “mental excitement about the fact that this trial was starting” and noted a paralegal was monitoring his social media.

“That didn’t stop you, did it?” he asked.

Cohen said, “No, sir.”

Later, the defense shifted back to Cohen’s well-known lies under oath, asking if those oaths differed in any way from the one he took on the witness stand today.

“Was that oath that you took every single time, so going back to all the depositions, the same oath that you took Monday morning in this courtroom?” Blanche asks.

“Yes sir,” Cohen says.

“The oath doesn’t change, depending on the location, does it?” Blanche asks.

“No,” Cohen says.

“And each time you met with a federal agent you were told that if you made a false statement that that was a felony, a federal crime, correct” Blanche asks.

“Yes sir,” Cohen says.

Lies to the U.S. House Intelligence Committee were referenced which ultimately led to Cohen’s perjury charges in 2018.

“There were a couple of different lies?” Blanche asks. “That’s correct,” Cohen says. When asked about which lies he told during that previous testimony, Cohen admitted he couldn’t remember them all.

“What was the other lie?” Blanche asks. “I don’t recall. I think those were the two,” Cohen says, referencing a claim that he stopped the Trump Tower Moscow project talks in January 2016.

“You lied under oath, correct?” Blanche asks.

“Yes sir,” Cohen says.

“And you lied again when you met with the special counsel on August 7, (2018), correct?” Blanche asks.

“Correct,” Cohen says.

“You said you were accepting responsibility for those lies, for lying to Congress. But in fact, you repeatedly said — and even said this morning, and even this week — that the reason why you lied was because of your loyalty to President Trump,” Blanche says.

“I worked with a joint defense agreement and we crafted the two-page document in order to stay on message — the message we all knew Mr. Trump wanted, including Mr. Trump’s attorney at the time,” Cohen responds.

“So are you saying you’re accepting responsibility, or blaming the joint defense agreement?” Blanche followed up.

“Accepting responsibility, I read it and I submitted it to the committee,” Cohen said on the stand.

Watch for yourself here:

Here’s how the AP covered it:

With prosecutors’ hush money case against Donald Trump barreling toward its end, their star witness was back in the hot seat Thursday as defense lawyers sought to chip away at Michael Cohen’s crucial testimony implicating the former president.

Trump’s attorneys resumed the potentially explosive cross-examination of Cohen, trying to paint him as bent on destroying his former boss’s reputation and to undermine his credibility, which could determine the presumptive Republican presidential nominee’s fate in the case.

Cohen is prosecutors’ final witness — at least for now — as they try to prove Trump schemed to suppress a damaging story he feared would torpedo his 2016 presidential campaign and then falsified business records to cover it up.

Trump did not look at Cohen as he entered the room, gazing straight ahead.

The trial got off to a slow start, with attorneys halting proceedings to have several sidebar conversations with the judge out of earshot of reporters. The stop-and-start continued as Trump lawyer Todd Blanche resumed his cross-examination by asking Cohen about text messages he exchanged with an investigator for the Manhattan district attorney’s office who collected his cellphones as part of the hush money probe.

It’s hard to imagine someone LESS credible than Cohen:

In fact, I keep saying this, but things are going SO BADLY that if I didn’t know any better, I would think Bragg and Cohen were intentionally sabotaging this case.

That’s a big-time tinfoil hat conspiracy, but I’m not the only one to have that thought cross my mind:

In case you missed it, here was more from yesteray:

Michael Cohen’s Secret Recording of Trump Backfires, Proves Trump’s Innocence!

If I didn’t know any better, I would almost think Michael Cohen is purposely sabotaging this case against Donald Trump.

Either that or the man really is wildly inept and incompetent.

Because it’s almost getting comical at this point.

It also proves Alvin Bragg (who some of you have dubbed “Fat Alvin”) is also wildly inept and incompetent because it’s mind-boggling to think he actually CHOSE to play this tape.

This should be evidence submitted by the Defense, but it was submitted by Bragg himself.

Check it out:

Listen to the for yourself right here:

So the tape proves that President Trump had no idea what Cohen was even talking about….Cohen is the one devising this plan and telling Trump how he’s going to handle things.

Trump seems a bit confused about what Cohen is even talking about.

Talk about a self-inflicted injury!  I can’t believe Bragg played this!

Now compare this to what we learned yesterday….it was Cohen who claims he (Cohen) took out a $130,000 home equity line of credit to get the money to pay Stormy Daniels:

BREAKING: Michael Cohen Took Out a Home Equity Line of Credit (HELOC) on HIS HOUSE To Pay Stormy Daniels — Makes No Sense!

If I didn't know any better, all of this evidence continues to support a story where COHEN is the one having the affair with Stormy Daniels and then trying to cover it up, not Trump.

Doesn't that fit the puzzle pieces almost perfectly?

I explain it all right here:

BREAKING: Michael Cohen Took Out a Home Equity Line of Credit (HELOC) on HIS HOUSE To Pay Stormy Daniels -- Makes No Sense!

This story (and "Get Trump Lawfare") continues to get weirder by the day.

It's almost beginning to look as if it were Michael Cohen and not Donald Trump having the affair with Stormy Daniels.

We just learned today that Michael Cohen decided to take out a Home Equity Line of Credit (HELOC) on HIS OWN PERSONAL HOUSE in order to pay Stormy Daniels the so-called "hush money".

I'll break down all my thoughts on that down below, but first just watch this:

More here:

Quick summary:

Michael Cohen testified that he used a home equity line of credit (HELOC) to fund the $130,000 payment to Stormy Daniels. He explained that he chose this method because it allowed him to access the funds without directly withdrawing a large sum from his joint bank account with his wife, which he believed would have raised questions or concerns from her. The HELOC provided a more discreet way to obtain the money, as it was paperless and did not require direct communication with his spouse about the transaction. Cohen's decision to use a HELOC was influenced by his desire to keep the payment and its purpose confidential, not only from his wife but also from public scrutiny.

Ok, so now my thoughts....

This makes NO SENSE at all.

So first of all, it's not at all clear why Cohen had to make the payment himself and not Trump.

That's Step One, and I do not think that has been remotely explained well enough.

That's very strange.

But let's just assume that yes, Cohen needs to be the one to physically make the payment, not Trump or any of Trump's companies.

Ok, but then why does Cohen have to go take out a HELOC on his house?

He claims it's so that his wife wouldn't find out since they have a shared checking out.

Anyone else calling BS on this?

So if I am to believe his statement, then I have to believe he had joint checking accounts with his wife but the house was only in his name?

Really?

Anyone believe that?

Of course not!  That would be absurd.

The wife wanted joint checking accounts but was fine not being on the deed to the house?

That doesn't make any sense.

But if the wife was on the deed to the house, then Cohen's story falls apart because she would have to sign the paperwork for the HELOC, so it would actually become WAY more noticeable doing what he did.

Also....by taking out a HELOC, he is making a public record of the transaction.

That mortgage will be filed with the local county recorder and be public record for all the world to see, even after paid off.

Even when you pay it off, the record is not released, you just get two records: you still see the original Mortgage and then whenever you pay it off you then see a RELEASE of Mortgage.

So Cohen was trying to hide this activity from his wife (and apparently others) and chose to create a huge public record of it instead?

Sorry, I don't buy it.

But that's not all....

Set aside all of those questions, next I want to know why Cohen was doing this in his personal accounts in the first place.

I'm giving you as a freebie that we'll just assume for some reason that Cohen has to make the payment instead of Trump or a Trump organization.

But why is it Cohen personally?

Shouldn't it be Cohen's law firm?

Shouldn't all of this run through his Trust Account if it were being done (allegedly) for a client (Trump)?

Isn't that kind of grounds for disbarment to take client funds and intermix and commingle them with your personal funds?

Folks, NONE of this makes any sense.

In actuality, what it's starting to look like to me and to many other people online is that perhaps COHEN was the one having an affair with Stormy Daniels.

Doesn't that fit our fact pattern much better?

Is that what actually happened here?

Our President also spoke out today.

Watch here:

RELATED REPORT:

TONY SERUGA BOMBSHELL: Stormy Daniels and Michael Cohen Had An Affair Since 2006, Conspired To Extort Trump

Wow....buckle up for this one!

Tony Seruga (not to be confused with Tony Segura, gay rights activist, or Tom Segura, comedian) just posted some WILD accusations to Twitter.

I want to be clear upfront we have not been able to independently verify these accusations, we are simply reporting what Tony Seruga has claimed on Twitter.

For those who don't know Seruga, he posts the following in his bio on Twitter, where he has nearly 80,000 followers:

Investor | Board Member | Big Data Pioneer | Intel Ops | CIA/NSA Contractor/Whistleblower | CRE | Philanthropist | Healthcare M&A @ http://GreenlawCapital.com

Here is a longer bio assembled by Grok:

Tony Seruga is a prominent figure in the intelligence community with over 39 years of experience as an intelligence analyst. He has worked with various high-profile clients, including the United States Government, British Government, Israeli Government, Saudi Arabia Government, Microsoft, and several other notable organizations.

Throughout his career, Seruga has made significant contributions to the field of intelligence analysis. However, it is essential to acknowledge that his work has not been without controversy. In 2023, he made headlines when he claimed that there would be a terrorist attack on US soil in the next 14 months. This prediction was met with criticism and skepticism from various sources.

Despite the controversy, Seruga's expertise and experience in the intelligence community remain highly regarded. He is known for his dedication to his work and his commitment to providing valuable insights to his clients.

I post that bio to establish this is not just some random, no-name Twitter account making these accusations.

Now there's a lot at play here, let me try and explain it all....

Tony Seruga claims that he used to share an office building in Newport Beach with Michael Avenatti.  Yes, that would be the disgraced porno lawyer that once represented Stormy Daniels and claimed he would "take down Trump".

We all know how that turned out....Avenatti himself was sentenced to 14 years in prison on December 5, 2023 (thank you Trump Boomerang Effect!).

Seruga posted to Twitter that Avenatti told him in 2018 that it was actually Michael Cohen and Stormy Daniels who were having the affair (not Trump) and that they conspired together to extort Donald Trump // Trump Organization.

Wow!

Now read the bombshell report, which I first saw posted by my friend Chuck Callesto:

BOMBSHELL REPORT: ⚠️ Accusations emerge that Michael Cohen was HAVING AN AFFAIR with Stormy Daniels since 2006 and that the "hush money scheme was cooked up by Michael Cohen to EXTORT THE TRUMP ORGANIZATION before the 2016 election"..

"Avenatti shared details of his client Stormy Daniels, whose real name is Stephanie Clifford, case and the fact that her and Michael Cohen were actually having an affair since 2006." -Tony Seruga

Of course we always like to go direct to the source so I've found the original post by Seruga making this claim:

And follow up here:

Here are screenshots of those posts in case they get taken down:

Wow, right?

Talk about a turn of events if true!

EDITOR'S NOTE: we have not been able to independently verify the claims made by Tony Seruga in the above Tweets.  

Here is the Vigilant News Network discussing the accusations in more depth:

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