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AP Sources: Prosecutors Preparing Charges Against Cohen


FILE - U.S. President Donald Trump's longtime personal lawyer Michael Cohen arrives at his hotel in New York City, May 9, 2018.
FILE - U.S. President Donald Trump's longtime personal lawyer Michael Cohen arrives at his hotel in New York City, May 9, 2018.

Two people familiar with the federal investigation of Michael Cohen told The Associated Press prosecutors are preparing criminal charges against Donald Trump's longtime personal lawyer that could be brought before month's end.

These people confirmed reports Cohen could face charges including bank fraud related to his financial dealings with the taxi industry. The people weren't authorized to discuss the probe and spoke Monday on condition of anonymity.

The New York Times reported Sunday night, based on anonymous sources, that prosecutors have been focusing on more than $20 million in loans obtained by taxi businesses that Cohen and his family own. Cohen's lawyer Lanny Davis declined comment.

Investigators also have been examining payments arranged by Cohen in 2016 to women to silence them about claims they had extramarital encounters with Trump.

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