Michael Cohen, President Trump’s longtime personal attorney, admitted Tuesday to violating federal campaign finance laws by paying $130,000 in hush money to adult film star Stormy Daniels in October 2016 “at the direction” of then-candidate Trump.
As part of a plea deal in connection with the financial fraud investigation against him, Cohen pleaded guilty to five counts of tax evasion, one count of making a false statement to a financial institution, one count of willfully causing an unlawful corporate contribution, and one count of making an excessive campaign contribution.
Cohen could receive up to 65 years in prison. However, a source familiar with the deal told Fox News that Cohen will only be jailed for between three and five years. The deal does not involve a cooperation agreement with federal prosecutors.
Cohen’s offices were raided in April by federal investigators looking into his financial dealings, including his alleged practice of paying women to stay silent about claims they had affairs with now-President Trump.