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Former Trump lawyer Cohen reportedly being investigated for possible tax fraud

August 8, 2018

The investigation of Michael Cohen, a former lawyer for President Donald Trump, reportedly includes a probe of possible tax fraud.

According to the Wall Street Journal, federal authorities are examining whether Cohen underreported income from taxi medallions, which permit drivers to operate cabs. They are also investigating whether Cohen inflated the value of any of his assets to obtain loans for the taxi business from Sterling National Bank, according to the article, which is based on anonymous sources.

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