Michael Cohen’s taxi businesses that were used as collateral for a bank loan are reportedly on the FBI’s radar

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  • The scope of the FBI’s raid on the offices of Michael Cohen, President Donald Trump’s personal attorney, reportedly includes a look at Cohen’s taxi businesses.
  • Cohen reportedly took out a business loan using his three taxi companies as collateral.
  • Cohen may already be under investigation for possible bank fraud, wire fraud, and campaign finance violations, according to a Washington Post report published earlier this week.

The scope of the FBI raid in which records from Michael Cohen, President Donald Trump’s longtime personal attorney, were seized includes a look at his taxi businesses that he previously used as collateral to take out a business loan, The Washington Post reported on Thursday.

As part of a wide-ranging FBI raid on Monday, agents sought records on transactions between Cohen and the New York-based Sterling National Bank. Cohen took out a business loan there in 2014, using his three taxi companies as collateral, The Post reported. The size of that business loan is not publicly known.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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