Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.
The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.
Prosecutors in Donald Trump’s hush money trial walked jurors through the financial specifics of their case against the former president.
A former chief of accounting at the Trump Organization testified today that he was instructed to pay $420,000 to Trump’s lawyer, Michael Cohen, using a form of reimbursement that was totally unfamiliar to him. “Allen said we had to get some money for Michael,” former Trump company comptroller Jeffrey McConney said on the stand, referring to Cohen and to McConney’s supervisor, Trump CFO Allen Weisselberg, who is now in jail.
The company’s chief financial officer called McConney into a meeting in January of 2017 — the month of Trump’s inauguration as president — and presented him with a bank statement from Cohen that also contained handwritten notes and dollar amounts from Weisselberg.
The bank statement listed a $130,000 payment to a lawyer representing porn actor Stormy Daniels. Prosecutors say the bank account was for a shell company set up by Cohen to pay Daniels’ lawyer.
Read more on deadline.com
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