During recent testimony before Congress, Michael Cohen, former attorney for Donald Trump, revealed that he had considered transferring ownership of Essential Consultants LLC to Trump in order for him to acquire the life rights associated with the company.
Essential Consultants LLC, a company established by Cohen, came under scrutiny due to its involvement in the hush money payment made to Stormy Daniels, an adult film actress who claimed to have had an affair with Trump.
Cohen's statement suggests that he had contemplated the transfer of ownership as a means of potentially granting Trump control over the rights and assets held by the company. This revelation sheds light on the complex and controversial dealings that have surrounded Trump's business and legal affairs.
The notion of transferring Essential Consultants LLC to Trump raises questions about the extent of Trump's involvement in the company and the potential implications of such a transfer. It also underscores the intricate web of relationships and transactions that have characterized Trump's business dealings over the years.
As Cohen's testimony continues to unfold, further details may emerge regarding the discussions and considerations that took place regarding the potential transfer of ownership. The implications of such a transfer, if it had occurred, could have significant legal and financial ramifications for both Cohen and Trump.
Overall, Cohen's revelation regarding the possible transfer of Essential Consultants LLC to Trump adds another layer of complexity to the ongoing investigations and controversies surrounding the former president and his associates.
