Michael Cohen is an American lawyer from Long Island, New York. He is a lawyer. As a lawyer for US President Donald Trump, he advised the president on legal matters. The 52-year-old lawyer was fired after a federal probe began in May 2018.
On August 21, 2018, it was found that Cohen broke eight campaign finance rules, committed tax fraud, and stole money from banks. He was also found guilty of lying to Congress about possible business deals between Donald Trump and the Russian government.
Early Life
Michael Cohen was born on Long Island, New York, on August 25, 1966. Cohen was raised by Jewish parents. His dad was a doctor, and his mom worked as a nurse.
Cohen went to college in Washington, D.C., and got his first degree from American University in 1988. He went on to get his law degree from Thomas M. Cooley Law School in Michigan in 1991.
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The Trump Organization
In 2006, Cohen became the executive vice president and special counsel of the Trump Organization. In this position, he was in charge of law and business issues for both the company and Donald Trump himself.
Cohen became known quickly as a fierce defender and close friend of Trump. He often helped businessmen deal with sensitive and controversial issues. He was also known for being aggressive and fighting, which helped him become one of Trump’s most trusted allies quickly.
Controversies
Cohen’s time at the Trump Organization was full of scandals and problems with the law. In 2018, he pleaded guilty to a number of charges, including campaign finance breaches, tax fraud, and lying to Congress.
Cohen was charged because he paid two women who said they had affairs with Donald Trump hush money to keep them quiet. He was also involved in a failed plan to build a Trump Tower in Moscow.
Cohen was sentenced to three years in jail after pleading guilty, which he did from 2019 to 2021. While he was in jail, he helped federal investigators and gave evidence that was bad for Donald Trump’s business and personal life.
Michael Cohen Worth: -$1 Million
Celebrity Net Worth says that Cohen is worth $1 million less than he does now. He made $1 million a year when he worked for the Trump company. At one time, a big part of his personal money came from the taxi business and real estate he invested in.
Cohen said he was worth $40 million when he tried to get a loan in 2016. Since then, he has said that his court bills, which add up to more than $100,000 a month, have put him out of business.
The Washington Post reported in April 2018 that Cohen may have also taken out a loan using his car companies as collateral. In the past few years, the value of his taxi medallions, which are basically taxi licenses, has dropped sharply, from more than $1 million each to less than $200,000.
His real estate dealings are no purer. The New York Times said that in 2014, he sold four houses in Manhattan for $32 million in cash to people who did not know him.
The Miami Herald said that in an interview with McClatchy, Cohen said that the buyers were “a real estate family fund that had been around for centuries.” Even though Cohen has enough money on his own to buy and sell buildings, ABC News revealed in April 2018 that parts of his legal fees had been paid by the Trump campaign.
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Personal Life
Cohen has been married twice and has two kids from both marriages. He is known for living a very luxurious life and loving expensive cars and clothes.
Cohen has been a loud and outspoken critic of Donald Trump and his administration even though he has had legal problems and been involved in controversies.
He has become a regular commentator on television news shows and has written a book about his time working for Trump called “Disloyal: A Memoir.”
