Prosecutors conducted an 'hours-long' interview with Michael Cohen about Trump's finances as the end of the president's legal immunity draws near

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Erin Snodgrass
·3 min read
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New York prosecutors conducted an hours-long interview Thursday, Jan. 14, 2021, with Cohen, President Donald Trump's former attorney, asking a range of questions about Trump's business dealings, according to three people familiar with the meeting. J. Scott Applewhite
  • New York prosecutors interviewed Michael Cohen, Trump's former lawyer and fixer, about the president's finances on Thursday.

  • Cohen is cooperating with two investigations into Trump — a grand jury investigation and a civil investigation.

  • Investigators reportedly asked Cohen to examine Trump organization documents and provide details about the company's corporate structure.

  • Visit Insider's homepage for more stories.

Michael Cohen, President Trump's former lawyer and fixer, gave an hours-long interview to New York prosecutors on Thursday, in which he answered questions regarding Trump's business dealings and finances, the Associated Press reported.

This interview is at least Cohen's second with the Manhattan district attorney's office and comes amid District Attorney Cyrus R. Vance Jr.'s long-running grand jury investigation into Trump's business dealings, as Vance Jr. tries to get access to the president's tax records.

Trump has requested a stay and further appealed in the case, and the Supreme Court is expected to rule on his request after the president leaves office on January 20.

As Trump prepares to lose both presidential power and legal immunity in the next week, the New York investigation is just one of Trump's many legal entanglements likely to intensify in the coming weeks and months, according to the AP.

In addition to the grand jury investigation, Cohen is also cooperating with a civil investigation led by New York Attorney General Letitia James, investigating whether Trump's company lied in order to get loans or tax benefits.

Read more: Meet Donald Trump's next nemeses: The 15 prosecutors and investigators from New York who are primed to pepper the ex-president with history-making civil and criminal probes

Cohen previously told Congress that, when dealing with lenders or potential business partners, Trump would often inflate the value of his assets, then deflate them when it provided tax purpose benefits.

Trump has called both investigations baseless and a political "witch hunt."

Cohen, who pled guilty to evading taxes, lying to Congress, and facilitating campaign finance crimes, is currently serving out the remainder of his federal prison sentence on home confinement.

Investigators have asked Cohen to examine Trump Organization documents and provide details about its corporate structure, the AP reported.

Part of Cohen's interview on Thursday focused on Trump's relationship with Germany-based Deutsche Bank, his biggest and longest standing creditor. Despite Trump defaulting on a loan for his Chicago hotel condo development in 2008, the bank continued to do business with him. Trump then sued Deutsche Bank and others whom he blamed for his inability to repay.

Still, Deutsche Bank continued to lend to Trump through the bank's private banking division. Deutsche Bank lent Trump $125 million for the purchase and renovation of Trump's Doral golf resort in 2012, according to the AP.

Earlier this week, Deutsche Bank announced they would cut ties with the president in the wake of his supporters storming the Capitol.

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