Investigators examine over $20 million in loans by former Trump lawyer Cohen - New York Times


FILE PHOTO: U.S. President Donald Trump's former personal lawyer Michael Cohen exits his hotel in Manhattan, New York, U.S., July 31, 2018. REUTERS/Shannon Stapleton

WASHINGTON (Reuters) - Federal prosecutors are focused on over $20 million (15.68 million pounds) in loans obtained by U.S. President Donald Trump's former personal lawyer Michael Cohen from taxi businesses owned by him and his family, the New York Times reported on Sunday.

The loans are part of an investigation into whether Cohen committed bank and tax fraud, and for possible campaign law violations linked to a $130,000 payment to adult film star Stormy Daniels. He has not been charged with any crime.

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