While appearing on MSNBC, Donald Trump’s former attorney and “fixer” Michael Cohen predicted that in light of the Supreme Court clearing the way for prosecutors in New York to obtain Trump’s income taxes that Trump is going to jail.
Cohen even suggested to Trump that he order himself a “custom made jumpsuit.”
“One thing I can turn around and tell you, he should start may be speaking to someone about getting a custom-made jumpsuit, because it does not look good for him,” Cohen said.
Cohen, of course, is not neutral on the subject. The now disbarred lawyer is serving a prison sentence under house arrest after he pleads guilty to multiple counts of campaign finance violations and fraud back in 2018. Since then, he has become one of Trump’s most vocal critics. He even testified against Trump before Congress in 2019.
The Supreme had ruled previously court ruled that it would not stop a New York grand jury from getting Trump’s tax returns. There’s also been news recently about the J6 House Committee being able to get Trump’s tax returns from the IRS.
Prosecutors state that the treasure trove of records could give investigators new tools to determine whether Trump lied to lenders or tax officials, before or after he took office.
“Prosecutors look for discrepancies in paperwork. For example, if Trump told the IRS he’s broke and lenders that he’s rich that’s just the type of discrepancy they could build a case around,” said Duncan Levin, a former federal prosecutor who worked on a wide range of white-collar cases as Vance’s chief of asset forfeiture.
“These documents are a very important piece of the jigsaw puzzle,” Levin said.
It is unclear if Trump’s records will offer any evidence of a crime is uncertain at this time. Trump continues to claim that he broke no laws yet he went to extraordinary lengths to keep his records out of the prosecutor’s hands and the public’s eyes.
When the investigation was first started by the New York district attorney one of the initial subpoenas sent to the Trump Organization asked for details about payments Trump’s former lawyer, Michael Cohen, arranged to women who had claimed to have had extramarital sexual encounters with Trump.
Cohen has stated that the Trump Organization later paid back the payments to him. One of the individuals that Cohen made a hush payment to was Stormy Daniels, a porn star, that alleges that she had an affair with Trump while Melania was pregnant with their son, Barron.
Cohen disguised the payment to Daniels as legal fees.
The district attorney’s office has been investigating arrangements that Trump made to reduce his tax bill. Data in his tax returns could provide the information needed to prove that Trump crossed legal lines.
One break officials are taking a close look at is the donation of his Seven Spring’s estate located in northern New York to a conservation trust. Officials believe that Trump overvalued the land to get a bigger tax break.
Investigators have already subpoenaed and received many important documents related to the land deal. In the past, Trump has benefited from a similar conservation donation in California.
Trump’s tax records will only be one tool that prosecutors will use to examine whether any of those statements amounted to fraud.
“They’re going to look at valuations and property values,” said Adam D. Citron, a former state prosecutor, and partner at Davidoff Hutcher & Citron. “They’ll look at the billings of attorneys to see what their expenses were for.”
Monday’s ruling, however, does not ensure that the public will see Trump’s tax records. For right now, they are protected by grand jury secrecy rules. Even if charges are brought the documents likely would be heavily redacted if filed into the record.
“Even then, I’m sure there will be tons of litigation about that,” Citron said