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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 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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