Recordings released by actor Tom Arnold reportedly reveal former Trump lawyer Michael Cohen telling Arnold that the crimes he confessed to in order to secure a plea deal with federal prosecutors were "a lie."
What did Cohen say?
In the recordings. obtained by the Wall Street Journal, Cohen tells Arnold that he "lost my business…my insurance, my bank accounts, all for what? All for what? Because Trump, you know, had an affair with a porn star? That's really what this is about."
Cohen was sentenced in December to three years in prison and three years of supervised release for violating campaign finance laws with his handling of a hush money payment to porn star Stormy Daniels.
Although Cohen had pleaded guilty to tax evasion, he told Arnold "There is no tax evasion." He also said that he lied when he pleaded guilty to understating his expenses and debts when applying for a home-equity line of credit worth half a million dollars. "And the Heloc [home-equity line of credit]? I have an 18% loan-to-value on my home. How could there be a Heloc issue? How? Right?…It's a lie."