Michael Cohen said in a plea deal that “in coordination and at the direction of a candidate for federal office” he kept information that would have been harmful to the candidate and the campaign from becoming public.
…As part of the plea deal with federal prosecutors in the US Attorney’s Office for the Southern District of New York, Cohen is expected to plead guilty to multiple counts of campaign finance violations, tax fraud and bank fraud, according to three sources. The deal would include jail time and a substantial monetary fine.
…Prosecutors said in court their investigation is into Cohen’s personal financial dealings. The search warrant authorizing the FBI raid referenced Cohen’s taxi medallion business, the identity of banks that loaned him money and payments made to suppress negative information during the presidential campaign.