In recent testimony, Michael Cohen revealed details about his dealings with Red Finch, an organization involved in questionable activities for the Trump campaign. Cohen admitted to not paying the full $50,000 owed to Red Finch, despite initially putting that amount on the bill. He explained that he had hoped to receive the money from Allen Weisselberg, the CFO, to settle the debt, but it never materialized.
When questioned about why he requested $50,000 back from Red Finch despite paying them less, Cohen stated that he believed the full amount was owed and did not want to give Trump any benefit from the difference. This led to further inquiry about his intentions with the remaining funds, to which Cohen admitted to keeping the excess for himself.
The testimony sheds light on the complexities of financial transactions within the Trump campaign and raises questions about the handling of payments to third-party entities. Cohen's explanation of his actions provides insight into the dynamics of his relationship with Red Finch and the challenges he faced in settling the debt.
As the investigation continues, more details may emerge regarding the interactions between Cohen, Red Finch, and other individuals involved in the campaign. The revelations from this testimony could have implications for the ongoing scrutiny of financial practices within political campaigns and the accountability of those responsible for managing such transactions.
