Days ago, Stormy Daniels’ attorney Michael Avenatti revealed the bombshell news that corporate entities have been funneling money into a shell company operated by Trump’s attorney Michael Cohen with what looks very much like a flagrant pay-for-play scandal.
Today, Avenatti took it one step further, promising more incriminating evidence should Trump and Cohen continue their bumbling campaign suggesting their innocence.
Let this serve as formal notice – there is significantly more evidence and facts to come relating to Mr. Cohen's dealings and Mr. Trump's knowledge and involvement. You can come clean now or wait to be outed. Your choice. We have only just begun…#Basta
— Michael Avenatti (@MichaelAvenatti) May 11, 2018
Avenatti stunningly revealed the details of Cohen’s shell company, called “Essential Consultants, LLC” which was created in October 2016 for “real estate consulting,” but has only dealt in these payments:
$130,000 to pay off Stormy Daniels after Trump’s affair with her. Interestingly, Cohen claims he paid this with his own money (and used a home equity line to do so) and that Trump didn’t know about it. Giuliani, however, then claimed Trump did know about it, suggesting that either Trump lied to reporters or Giuliani lied on national television.
$500,000 from Russian oligarch Viktor Vekselberg, who is worth about $13 billion and has direct ties to Russian President Vladimir Putin. For those wondering why Michael Cohen would use a home equity line for the Stormy Daniels payment, one answer would be because he had $500,000 in the pipeline from a Russian billionaire.
$399,920 from pharmaceutical giant Novartis, the CEO of which was then granted a dinner meeting with Trump at the World Economic Forum in Davos, Switzerland.
$600,000 from AT&T, which is currently lobbying Trump’s Department of Justice to approve a massive merger with Time Warner. The company also stands to benefit from the Republican decision to repeal net neutrality, a decision that was made the same month AT&T made their last payment to Cohen’s shell company.
The Trump team can pretend that this blatantly obvious pay-for-play scheme was acceptable, but at this point, its legality is squarely in the hands of special counsel Robert Mueller, and no amount of partisan spin will influence his thoughts.
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