Investigation into bank fraud lawyer Trump

The US judiciary investigates possible fraud with $ 20 million (more than EUR 17 million) in loans that Michael Cohen took on for taxi companies owned by him and his family.

The loans are part of a larger investigation or Cohen has committed bank and tax fraud, and for possible violations of campaign law in connection with a payment of $ 130,000 to porn actress Stormy Daniels.

The investigation examines whether Cohen proposed the value of his taxi company's assets in order to obtain the loans. According to the newspaper, the investigation is in its final phase and a complaint of justice to Cohen is expected at the end of August.