Cohen accused of peddling influence
Already under investigation for a payment to a porn star, President Donald Trump’s longtime personal attorney is facing intensifying legal and ethical scrutiny for selling his Trump World experience and views at a hefty price to companies that sought “insight” into the new president.
One company, pharmaceutical giant Novartis, acknowledged Wednesday it paid Michael Cohen $1.2 million for services, though they ended after a single meeting. Others, including some with major regulatory matters before the new administration, acknowledged payments totaling hundreds of thousands of dollars over at least several months.
The corporate ties could suggest Cohen was peddling his influence and profiting from his relationship with the president. They also raise questions about whether Trump knew about the arrangement.
Cohen’s corporate ties were first revealed in a detailed report released by an attorney for pornographic film actress Stormy Daniels. The report alleged that Cohen used a company he established weeks before the 2016 election to receive the payments from a variety of businesses.