Current Affairs Donald Trump POS: Judgement cometh and that right soon

Status
Not open for further replies.
DaxJZy4XcAAliFY
 
Anyone want to bet Cohen didn't put on his loan application that it was to pay hush money to an adult film star to conceal a liaison with Trump?
https://www.wsj.com/articles/trump-...any-for-payment-deals-to-two-women-1523835216
Mr. Cohen transferred the payment to an attorney for Ms. Clifford from an Essential Consultants account at First Republic Bank , according to people familiar with the matter. He has said the funds came from his home-equity line at the same bank. Investigators are examining whether Mr. Cohen fraudulently used a bank loan for something other than the purpose he described on his loan application, the person said.

The Journal previously reported that First Republic Bank, which Mr. Cohen used to wire the payment to Ms. Clifford’s lawyer in October 2016, conducted its own investigation into the transaction after receiving a subpoena from federal authorities, according to another person familiar with the matter.First Republic sent its findings to the Treasury Department in a so-called SAR, or suspicious-activity report, the person said. Such reports are required to be sent to the Treasury’s Financial Crimes Enforcement Network when banks observe transactions that have no apparent lawful purpose or deviate inexplicably from a customer’s normal bank activity.
 
Status
Not open for further replies.

Welcome

Join the Everton conversation today.
Fewer ads, full access, completely free.

🛒 Visit Shop

Support Grand Old Team by checking out our latest Everton gear!
Back
Top