Trump's Legal Troubles: No Escape from Fraud Trial, Says Cohen

Former Trump attorney Michael Cohen believes that the ongoing New York business fraud trial will mark the end of Donald Trump's business empire, as Cohen plans to testify against him. New York prosecutors allege that Trump and his sons committed business fraud by manipulating asset values to obtain favorable loans and insurance rates. A judge has already ruled that Trump committed fraud, and the trial will determine damages, with prosecutors seeking $250 million in penalties and a ban on Trump and his children running businesses in New York. Cohen claims to have evidence against Trump and predicts that the damages, with interest and penalties, could exceed $600 million, potentially leading to bankruptcy. Trump dropped a civil suit against Cohen, and a New York appeals court declined to halt the trial but paused the process of canceling Trump's business licenses.