Current:Home > FinancePoinbank Exchange|Michael Cohen delays testimony in Trump's civil fraud trial -EliteFunds
Poinbank Exchange|Michael Cohen delays testimony in Trump's civil fraud trial
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 11:08:44
Donald Trump's former lawyer and Poinbank Exchangeself-described fixer Michael Cohen is delaying his testimony, which was scheduled to begin as early as Tuesday, in the former president's ongoing civil fraud trial in a New York state court.
"Unfortunately, I need to attend to a pre-existing medical condition that impedes my ability to testify this upcoming week," Cohen said in a statement on X on Friday.
He added that he still plans to testify "at the earliest opportunity."
MORE: Trump Organization exec to continue testimony
"I look forward to testifying and correcting the record as to the multiple misstatements and responses by previous witnesses who stated … I don't recall. Unfortunately for them, I do," Cohen told ABC News Saturday.
Trump is still expected to attend the trial in person next week, according to sources familiar with his plans.
Cohen's delay was first reported by The Daily Beast.
Trump, his sons Eric and Don Jr., and Trump Organization executives are accused by New York Attorney General Letitia James of engaging in a decade-long scheme in which they used "numerous acts of fraud and misrepresentation" to inflate Trump's net worth in order get more favorable loan terms.
A lawyer for the New York Attorney General previewed Cohen's testimony in the state's opening statement as key evidence of a conspiracy within the Trump Organization to inflate the former president's net worth.
"Mr. Trump would call Allen [Weisselberg] and I into the office … He wanted to be higher on the Forbes list, and he then said 'I'm actually not worth $6 billion. I'm worth seven. In fact, I think it's actually now worth eight with everything that's going on,'" Cohen said in a portion of his deposition that was played during the state's opening statement. "Alan and I were tasked with taking the assets, increasing each of those asset classes, in order to accommodate that $8 billion number."
The former president has denied all wrongdoing and his attorneys have argued that Trump's alleged inflated valuations were a product of his business skill.
MORE: Donald Trump faces potential financial losses after a civil fraud trial ruling
Cohen wrote about his ongoing medical issues in his book "Revenge," describing multiple pulmonary embolisms as a result of deep vein thrombosis as well as high blood pressure, which he said worsened during his 13-month prison sentence.
"I don't get cold feet. No one has stood up for truth to power more than me. I have a pre-existing medical issue that unfortunately needs to be attended to," Cohen said on X defending the delay.
ABC News' Eric Avram contributed to this report.
veryGood! (865)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Kansas is poised to boost legislators’ pay by $28,000 in 2025, nearly doubling it
- Israeli mother recounts being held hostage by Hamas with her family, husband now missing
- Chick-fil-A releases cookbook to combine fan-favorite menu items with household ingredients
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Chick-fil-A releases cookbook to combine fan-favorite menu items with household ingredients
- Aid deal brings hope to hungry Gaza residents, but no food yet
- Jason Aldean defends 'Try That in a Small Town' song: 'What I was seeing was wrong'
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- FBI: Thousands of remote IT workers sent wages to North Korea to help fund weapons program
Ranking
- B.A. Parker is learning the banjo
- Asylum seekers return to a barge off England’s south coast following legionella evacuation
- Colombian president’s statements on Gaza jeopardize close military ties with Israel
- Rhode Island high school locked down after police say one student stabbed another in a bathroom
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Trump ally Sidney Powell pleads guilty to conspiracy charges in Georgia 2020 election case
- Peru imposes harsh penalties for stealing cellphones, including life in prison
- Toy Hall of Fame: The 'forgotten five' classic toys up for induction and how fans can vote
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
As Israel-Hamas war rages, Israelis can now travel to US for 90 days without getting a visa
X, formerly Twitter, tests charging new users $1 a year to use basic features
Fortress recalls 61,000 biometric gun safes after 12-year-old dies
Senate begins final push to expand Social Security benefits for millions of people
Dutch court convicts man who projected antisemitic message on Anne Frank museum
Marine killed in Camp Lejeune barracks and fellow Marine held as suspect, the base says
Michigan lottery winners: Residents win $100,000 from Powerball and $2 million from scratch-off game