“It was my experience that Mr. Trump inflated his total assets when it served his purposes,” Cohen said, “and deflated his assets to reduce his real estate taxes.
Cohen’s testimony seems to suggest there are unspecified criminal allegations regarding Trump that haven’t been made public yet. What could these be?
Cohen was referring to the ongoing investigations by the Southern District of New York. We are aware of some of the topics that are being investigated by that prosecutor.
Allen Weisselberg, the Trump Organization’s chief financial officer who also serves as the treasurer of the Trump Foundation, has been granted immunity by that prosecutor. (We are certain that the Southern District of New York is investigating the Trump Foundation — because their offices did confirm that to journalists.)
We also knew — of course — that they were investigating the two hush money payments, because they were campaign violations and involved a bit of money laundering, and a fraudulent corporation, and a conspiracy to hide the illegal payoffs.
Two other longtime Trump associates had been granted immunity in the same Southern District of New York case: David Pecker, who is the CEO of American Media (AMI) and a longtime friend of the president’s; and also Dylan Howard, who is AMI’s chief content officer. AMI controls the National Enquirer, the tabloid reportedly involved in burying the sex worker’s stories.
The fact is, it is anybody’s guess, because the Southern District of New York’s prosecutor has now gone “radio silent” — much like Mueller’s investigation has done all along.
Nobody knows if they are looking at other instances of money laundering, bank fraud, income tax fraud, the list could go on forever, because we just are not certain. Beyond the crimes committed by Trump regarding the “Foundation,” and the “sex-worker payoffs,” — we simply do not know.
(Note — the Trump Foundation crimes that Michael Cohen spoke of, such as the infamous painting, are obviously not the only thing. The Southern District Prosecutor would never have allowed Cohen to discuss that in front of Congress, if that were an ongoing investigation with new surprises to come. So, we simply know that this prosecutor is investigating more crimes. We do not know what areas those may entail. In fact, the same is true of the hush money stuff. Cohen obviously was free to speak on those issues, with permission of the prosecutor from the Southern District of New York.)
Here is the only clue, that Cohen was able to give, in his testimony today:
Cohen said today the actions were related to “communications he had shortly after the April 2018 FBI raid on his home, office and hotel suite.”
I know this answer does not truly answer your question — but it simply cannot be answered.