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April 22, 2024

$130,000 payment

Prosecutor walks jurors through $130,000 payment

From CNN's Michael Williams

Prosecutor Matthew Colangelo is walking the jury through the $130,000 payment Trump made to Michael Cohen, and how they reached that number by including funds for taxes because the money was being listed as income and not as a reimbursement.

He notes former Trump Organization CFO Allen Weisselberg wrote down all of these figures in the Cohen repayment.

Jurors will see in Weisselberg's handwriting how they calculated Cohen's reimbursement payments. Weisselberg's notes show that it was "a grossed up way to disguise” the payment, Colaneglo said.

Colangelo said jurors will see, "Donald Trump was a very frugal business man who believed in pinching pennies."

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