Its not am here and then agnez, we are now entering the final phase of the first criminal trial of a former President Donald Trump is inside that courtroom there on the right side of your screen as the prosecution spinal and maybe most important witness, Michael Cohen is about to retake the stan moments ago, the judge we are warmer. Shawn, just informed the court that he does expect Closing Arguments will not happen this week, but he does expect them to happen next tuesday because there is no chance of a verdict this week come to see it as a special live cover. On Kaitlan Collins in new york. An object Saverin Washington in minutes testimony resumes with a third day of crossexamination from Michael Cohen, the former trump you would all fix her turn witness for the prosecution. Todd blanche trumps attorney will again ask the questions. The trump attorney landed several notable blows on cohen underlining seeming inconsistencies and cohens memory at one point, Blanche Accused Cohen of inv
Rachel Maddow takes a look at the days top political news stories. James comey. It also only mize if the case in question is closely connected to politics. Thats whats important about the big new development. The Wall Street Journal was first on report in detail on the type of charges that federal prosecutors may be considering against the president s personal lawyer, Michael Cohen. If it is kregt, the charges he is facing from prosecutors are not related to politics at all. At least not at face value. In quote, previously unreported developments, federal prosecutors in new york are examining whether mr. Cohen committed tax fraud. Quote, federal authorities are assessing whether his income from his. At Ai Medallion Business was underreported. That includes hundred of thousands received in cash and other payments over the last five years. In addition, federal authorities have been investigating whether he made misrepresentations or
false statements on lone applications including whether
Heres how it came to be. In may of this year, may 22nd, the New York Times had a scoop that they probably only got because they are specifically the New York Times. They sent crack reporters to an otherwise sleepy courthouse in albany, new york, not a Federal Courthouse, a state court, because that day in that state court in new york, a longtime Business Partner of Michael Cohens, A Taxicab Mogul Named Gene Friedman Who everybody called the taxi king, he was in court. He had been facing really serious charges in new york, Tax Evasion Charges in new york more than 5 million and four criminal counts of tax fraud and facing a charge of grand larceny. A big stack of charges involving a large amount of money and potentially a large amount of jail time. The story they uncovered at the courthouse that day, for some reason, friedman had gotten this huge Criminal Liability he was facing winnowed down to almost
nothing. He was able to work out some sort of deal where all of that prison time and
Rachel Maddow takes a look at the days top political news stories. Charge of grand larceny, a big stack of charges involving a large amount of money and potentially a large amount of jail time. The story they uncovered at the courthouse that day, for some reason, friedman had gotten this huge Criminal Liability he was facing winnowed down to almost nothing. All the prison time and felonies evaporated. Instead of being tried for evading 5 million in taxes, prosecutors let him plead guilty to one count of evaluating 50,000 worth of taxes. Not 5 million, 50,000. Instead of decades in potential prison time the deal he cut with prosecutors got him zero prison time. People do plea deals all the time they offer their testimony for prosecutors letting them off the hook and going easier on
them. This was like the mother of all plea deals. The amount he offered must have been very very valuable to the government given how sweet the deal was he got from them in return. That happened in late may.
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