Feds knew of ‘hush money’
Bank flagged porn-star $$
The bank President Trump’s personal lawyer used to pay a former porn star $130,000 for her silence flagged the transaction as suspicious and reported it to the Treasury Department, according to a report Monday.
Michael Cohen wired the money to a lawyer representing Stephanie Clifford, also known as Stormy Daniels, from an account at First Republic Bank, The Wall Street Journal reported.
The money was received on Oct. 27, 2016 — 12 days before the presidential election, the newspaper reported, adding it wasn’t clear when First Republic reached out to Treasury.
Cohen claimed he missed two other deadlines to send the payment because he couldn’t reach Trump during the final weeks of the presidential campaign.
Clifford was owed the money in return for signing an agreement that barred her from discussing an alleged sexual encounter with Trump in 2006, the Journal reported, citing people familiar with the matter.
The White House has denied the affair.
Cohen admitted last month that he had “facilitated” the payment and used his own money, which made the deal a private transaction that didn’t violate any laws.
He also said he wasn’t reimbursed by the Trump campaign or the Trump Organization, but wouldn’t comment on whether Trump himself repaid him.
Asked for comment, Cohen e-mailed a statement: “Fake News.”
First Republic and the Treasury Department declined to comment.