Stormy Daniels attorney Michael Avennati broke the internet tuesday morning when he tweeted a document that alleges Donald Trump’s private attorney Michael Cohen recieved large cash payments from 3rd parties that were previously undisclosed to the public.
These payments allegedly took place in late 2017, and early 2018.
The source of these payments has set the political landscape on fire, and changed the rules of the game for the President of the United States.
Viktor Vekselberg, a Russian Oligarch, through an American company, routed over $500,000 grand Trump attorney Michael Cohen in late 2017 according to the report.
“Avenatti says that Vekselberg and his cousin Andrew Intrater, the CEO of the American subsidiary of Vekselbergâ company, Renova, routed the money to Cohen through an entity called Columbus LLC. That appears to be a limited liability corporation linked to Columbus Nova, Renovaâ US subsidiary.
Avenatti also alleges that Cohen used a bank account to engage in suspicious bank transactions totaling $4.4 million between October 2016 and January 2018.
This revelation unto itself is a jaw dropping, it could represent the first public evidence of financial ties between Vladimir Putin’s Kremlin, and the Trump empire.
It also represents a host of felonies.
Avenatti is also claiming that a portion of the proceeds was used as reimbursement for the Stormy Daniels payment.
The rest of the money?
Nobody knows, but bank fraud, wire fraud, Cohen could very well spend the rest of his life in jail when all is said and done, and President Trump might not be that far behind him.
What exactly did Cohen do with all of that money?
It strains credulity to assume that Mr. Trump has no clue about any of the numerous transactions that benefited him, and his unexpected rise to the Presidency.
As big as a bombshell as this was, it’s only half the story.
Another party made a payment to Michael Cohen.
Late last year, the telecommunications giant made a $200,000 payment to the consulting firm Essential Consultants, the same firm Cohen set up to pay Daniels.
The payment is raising eyebrows because AT&T was embroiled in heated anti trust related discussions with the FTC (and Trump’s Justice Department) regarding a possible merger with Time Warner at the time of the transaction.
The merger was blocked by President Trump for reasons unknown at the time.
"All of the signs, and the bells and whistles should have gone off, for the attorney for the President-elect … not to do a business deal with this guy, but he did so anyway." – Keith Boykin on reports Michael Cohen received $500K from a Russian oligarch https://t.co/PTOwHJpXIc pic.twitter.com/fWbcwkMuiL
— OutFrontCNN (@OutFrontCNN) May 9, 2018
AT&T put out a statement Tuesday afternoon attempting to distance the company from the appearance of potentially attempting to bribe the President of the United States.
In fact, the payment was accepted by the Trump team, so unless the company can produce a better explanation than this, most of the country will view the situation as a completed transaction.
Essential Consulting was one of several firms we engaged in early 2017 to provide insights into understanding the new administration. They did no legal or lobbying work for us, and the contract ended in December 2017.
Go ahead AT&T, insult the intelligence of the American public.
Ask us to believe, that the under the table $200,000 cash payment, that was wired in late 2017 (in the form of installments) from ATT&T to a shell company set up by Trump’s personal lawyer Michael Cohen, Â had absolutely nothing to do with the Trump administration holding up the merger of AT&T, and Time Warner.
Michael Avenatti’s document is going to cause the type of confusion that puts people in jail, the document implies that the Trump administration leveraged the American Presidency into massive windfalls, and pay for policy type deals that spanned the entire globe.
“Avenattia s report suggests Cohen set up a company, Essential Consultants LLC, that he used to sell access to President Trump. Payments came from firms in Korea, Hungary, Singapore, Malaysia, Taiwan, and Israel, Avenatti says. He claims Novartis, a Swiss pharmaceutical company, paid $399,920 to Cohen’s firm in late 2017 and early 2018. After the payments, Trump met with Novartisa CEO at the World Economic Forum in Davos, Switzerland.”
The Executive Summary from our first Preliminary Report on Findings may be accessed via the link below. Mr. Trump and Mr. Cohen have a lot of explaining to do.https://t.co/179WvIkRlD
— Michael Avenatti (@MichaelAvenatti) May 8, 2018
If this (various news outlets are backing it up) is all true, we are looking at the most high profile (and widespread) case of influence peddling the country has ever seen.
More on this story as it develops