Doubled price

Prosecutor says Trump doubled price of Stormy Daniels deal to "disguise it as income"

From CNN's Michael Williams

Prosecutor Matthew Colangelo said that when it came time for Donald Trump to pay Michael Cohen back for the "catch and kill deal" involving Stormy Daniels, "you’ll see he didn’t negotiate the price down. He doubled it. And he doubled it so they could disguise it as income."

Colangelo noted that Trump, Cohen and Allen Weisselberg agreed that Cohen would be paid back in monthly installments by sending fake invoices to the Trump Org each month.

It was a "clever way to pay Cohen back without being too obvious about it," the prosecutor told the jury.

The repayment to Cohen, as recorded in the business records, was "a double lie" because there was no retainer agreement and Cohen was not getting paid for legal services in 2017.