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Cohen to plead guilty

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posted on Aug, 21 2018 @ 01:10 PM
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Breaking now.

Michael Cohen in talks to plead guilty to criminal charges


Michael Cohen, President Donald Trump's former personal attorney, is in talks to plead guilty to criminal charges in a deal that would bring an end to a months-long investigation that has riled the President, according to sources familiar with the matter.

The details of the plea are still being negotiated, the sources cautioned, and talks could fall apart. The US Attorney's Office for the Southern District of New York is investigating Cohen for potential bank fraud, tax fraud and campaign finance violations. If talks fall apart, federal prosecutors are expected to indict Cohen.


This part jumped out at me:


As part of the plea deal under discussion, Cohen is not expected to cooperate with the government, one source said. However, by pleading guilty both Cohen and prosecutors would avoid the spectacle and uncertainty of a trial.


Starting a few days ago, a figure of $20 Million was being tossed around. The article mentions this.

Investigators are also examining more than $20 million in loans obtained for Cohen and his family's taxi companies, The New York Times reported, citing people familiar with the matter.

CNN and the Times reported Sunday that investigators were finalizing criminal charges against Cohen and could announce them by the end of the month.

According to the Times, investigators are trying to determine whether Cohen misrepresented the value of his assets to obtain the loans from two financial institutions that have catered to the taxi industry. They are also scrutinizing whether he failed to properly report his income from taxi medallions to the Internal Revenue Service, the Times reported.


Sounds like the real meat of the investigation was financial misdealings concerning Cohen's taxi medallions.


Sorry guys. Still no Russian collusion.
edit on 21-8-2018 by AndyFromMichigan because: (no reason given)




posted on Aug, 21 2018 @ 01:14 PM
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a reply to: AndyFromMichigan


But CNN says this means Mueller is closing in on Trump!



posted on Aug, 21 2018 @ 01:17 PM
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originally posted by: carewemust
a reply to: AndyFromMichigan


But CNN says this means Mueller is closing in on Trump!

It seems the handful of people at CNN who know how to read are trying to let people down gently.



posted on Aug, 21 2018 @ 01:21 PM
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originally posted by: AndyFromMichigan
Breaking now.

Michael Cohen in talks to plead guilty to criminal charges


Michael Cohen, President Donald Trump's former personal attorney, is in talks to plead guilty to criminal charges in a deal that would bring an end to a months-long investigation that has riled the President, according to sources familiar with the matter.

The details of the plea are still being negotiated, the sources cautioned, and talks could fall apart. The US Attorney's Office for the Southern District of New York is investigating Cohen for potential bank fraud, tax fraud and campaign finance violations. If talks fall apart, federal prosecutors are expected to indict Cohen.


This part jumped out at me:


As part of the plea deal under discussion, Cohen is not expected to cooperate with the government, one source said. However, by pleading guilty both Cohen and prosecutors would avoid the spectacle and uncertainty of a trial.


Starting a few days ago, a figure of $20 Million was being tossed around. The article mentions this.

Investigators are also examining more than $20 million in loans obtained for Cohen and his family's taxi companies, The New York Times reported, citing people familiar with the matter.

CNN and the Times reported Sunday that investigators were finalizing criminal charges against Cohen and could announce them by the end of the month.

According to the Times, investigators are trying to determine whether Cohen misrepresented the value of his assets to obtain the loans from two financial institutions that have catered to the taxi industry. They are also scrutinizing whether he failed to properly report his income from taxi medallions to the Internal Revenue Service, the Times reported.


Sounds like the real meat of the investigation was financial misdealings concerning Cohen's taxi medallions.


Sorry guys. Still no Russian collusion.



It also sounds like the Prosecutor isn't real certain on his case either. Which strikes me rather oddly, because forensic financial analysis would take that uncertainty out of the equation. Heck, with that said it sounds like maybe the prosecutor was stretching whatever statute he was prosecuting.

edit on 21-8-2018 by CrawlingChaos because: (no reason given)



posted on Aug, 21 2018 @ 01:25 PM
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Take that Cohen! Now you'll be put on house arrest for 2 months. Serves you right!
edit on 21-8-2018 by CosmicAwakening because: (no reason given)

edit on 21-8-2018 by CosmicAwakening because: (no reason given)



posted on Aug, 21 2018 @ 01:26 PM
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originally posted by: carewemust
a reply to: AndyFromMichigan


But CNN says this means Mueller is closing in on Trump!


We won't believe CNN anymore, even if one day they tell the truth. But it won't happen.



posted on Aug, 21 2018 @ 01:27 PM
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After reading the article again a couple things jump out. They aren't sure if he misrepresented the value ? Ridiculous, the paperwork would be easily to subpoena. And also not sure if he failed to properly report his income ?

These would be things they'ed know, before indicting him.



posted on Aug, 21 2018 @ 01:29 PM
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originally posted by: CrawlingChaos

originally posted by: AndyFromMichigan
Breaking now.

Michael Cohen in talks to plead guilty to criminal charges


Michael Cohen, President Donald Trump's former personal attorney, is in talks to plead guilty to criminal charges in a deal that would bring an end to a months-long investigation that has riled the President, according to sources familiar with the matter.

The details of the plea are still being negotiated, the sources cautioned, and talks could fall apart. The US Attorney's Office for the Southern District of New York is investigating Cohen for potential bank fraud, tax fraud and campaign finance violations. If talks fall apart, federal prosecutors are expected to indict Cohen.


This part jumped out at me:


As part of the plea deal under discussion, Cohen is not expected to cooperate with the government, one source said. However, by pleading guilty both Cohen and prosecutors would avoid the spectacle and uncertainty of a trial.


Starting a few days ago, a figure of $20 Million was being tossed around. The article mentions this.

Investigators are also examining more than $20 million in loans obtained for Cohen and his family's taxi companies, The New York Times reported, citing people familiar with the matter.

CNN and the Times reported Sunday that investigators were finalizing criminal charges against Cohen and could announce them by the end of the month.

According to the Times, investigators are trying to determine whether Cohen misrepresented the value of his assets to obtain the loans from two financial institutions that have catered to the taxi industry. They are also scrutinizing whether he failed to properly report his income from taxi medallions to the Internal Revenue Service, the Times reported.


Sounds like the real meat of the investigation was financial misdealings concerning Cohen's taxi medallions.


Sorry guys. Still no Russian collusion.



It also sounds like the Prosecutor isn't real certain on his case either. Which strikes me rather oddly, because forensic financial analysis would take that uncertainty out of the equation. Heck, with that said it sounds like maybe the prosecutor was stretching whatever statute he was prosecuting.

For sure, the payment to Stormy Daniels would be stretch, because the prosecutor would have to establish that it was intended to help Trump's campaign, and was not simply Cohen doing the "fixing" he's been doing for Trump for years. Bank fraud related to that would also be a stretch, because the bank didn't lose any money, so how can you plausibly argue it was defrauded?

But as for the taxi medallions, well call me cynical but pretty much everybody in the taxi business is crooked.



posted on Aug, 21 2018 @ 01:31 PM
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To be fair, you don't have to lose money or what have you, in order to be defrauded. But the fraud it'self would be easy to find, right there in the loan paperwork.

edit on 21-8-2018 by CrawlingChaos because: (no reason given)



posted on Aug, 21 2018 @ 01:31 PM
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However, by pleading guilty both Cohen and prosecutors would avoid the spectacle and uncertainty of a trial.


They gotta be snipping us.

The entire point of charges is certainty.

Cohen pleads guilty just because Mueller has to have his 'man'.

WITCH HUNT.



posted on Aug, 21 2018 @ 01:31 PM
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No Russia?

Get your rain coat. Liberal heads exploding will be messy.



posted on Aug, 21 2018 @ 01:32 PM
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a reply to: CrawlingChaos
maybe cohen doesn't want them looking too closely at those financial records lest they find more. better to plead guilty to what they think they know than to have them keep digging and discover the jackpot of all jackpots? I'm just posing a possibiity, not really sure how possible that possibiity is in reality even.

but think they've scheduled an appearance in court for around 4 pm today.



posted on Aug, 21 2018 @ 01:32 PM
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originally posted by: CrawlingChaos
After reading the article again a couple things jump out. They aren't sure if he misrepresented the value ? Ridiculous, the paperwork would be easily to subpoena. And also not sure if he failed to properly report his income ?

These would be things they'ed know, before indicting him.

Just a theory, but perhaps Uber has taken a big bite out of the taxi industry, and they think Cohen was hiding the extent of this when he obtained the loans.



posted on Aug, 21 2018 @ 01:33 PM
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It is not a witch hunt !


Cohen is a male.... Therefore it would be a Warlock Hunt ! Stop with the fake news buddy !



posted on Aug, 21 2018 @ 01:33 PM
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Here is a slightly cleaner article than CNN.

Associated Press

This is what Cohen was hoping for with all his claims that he has insider information. Now the prosecutors will have plenty of time to look into that until the case moves forward. However, it seems they will not go forward until after the elections, so they do not influence the election in any way.


Absent a quick resolution, it’s believed that prosecutors would put off a decision on how to go forward with the case until after the election in compliance with an informal Justice Department policy of avoiding bringing prosecutions that could be seen as political and influence voters.

And that's fine -- this investigation has a long time to go before it finishes, a few extra months should only give more time to gather intel.

The important thing is that Cohen was very vocal and ready to spill the beans. The prosecutors were smart and did not take the bait until they had the charges against him ready. From now on we can all just guess what he is going to tell them, but we can fully expect that if there is something to hide we will see some choice words and some immature lashing out on Cohen over the next few days -- let's say on Twitter?



edit on 21-8-2018 by Kharron because: typo



posted on Aug, 21 2018 @ 01:35 PM
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originally posted by: dawnstar
a reply to: CrawlingChaos
maybe cohen doesn't want them looking too closely at those financial records lest they find more. better to plead guilty to what they think they know than to have them keep digging and discover the jackpot of all jackpots? I'm just posing a possibiity, not really sure how possible that possibiity is in reality even.

but think they've scheduled an appearance in court for around 4 pm today.


I get where you're coming from, but that doesn't hold water. They find something that smells fishy, they'll dig it up. They won't stop investigating aspect B, just because they found all they needed for aspect A.

What I mean to say is, once they're inside your house they can and will go through anything and everything. It's too late to try to hide something now, by being a willing defendant.



posted on Aug, 21 2018 @ 01:38 PM
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originally posted by: KharronThe important thing is that Cohen was very vocal and ready to spill the beans.


About what ?



posted on Aug, 21 2018 @ 01:41 PM
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a reply to: AndyFromMichigan

Well if he committed crimes, he should be held accountable

Now if only we could raid every politicians lawyers, think of all the plea deals we would have

But oh that’s right, only trump people get this sort of special treatment



posted on Aug, 21 2018 @ 01:41 PM
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a reply to: CrawlingChaos

Probably about Trump's bimbo eruptions. Like Omarosa, the tapes that have been leaked don't really show anything interesting.

And, also like Omarosa, the recording of those tapes was highly illegal.
edit on 21-8-2018 by AndyFromMichigan because: (no reason given)



posted on Aug, 21 2018 @ 01:48 PM
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originally posted by: Grambler
a reply to: AndyFromMichigan

Well if he committed crimes, he should be held accountable

Now if only we could raid every politicians lawyers, think of all the plea deals we would have

But oh that’s right, only trump people get this sort of special treatment


Let's say that just like Gates, he says his boss is a control freak and everything he did he did as instructed by his boss?

Will you say the same when it's time to arrest DJT for the same crimes Cohen will be charged with? It's not like Cohen decided to do all the campaign and finance crimes and pay-offs on his own? We know he didn't, we've already listened to tapes showing where the orders come from.

The taxi business is on his shoulders, everything else will be shared with the boss.

Now, none of us know where any of this will go, we just don't, we're guessing... but if he gets charged with campaign finance crimes, will you say the same when it's time to charge his accomplices, meaning DJT?




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