Letitia James suit will cost Trump hundreds of millions: former ally
Former Trump "fixer" Michael Cohen predicted on Wednesday that New York Attorney General Letitia James' lawsuit would cost his one-time boss hundreds of millions of dollars.
In an interview with CNN's Don Lemon, Cohen explained why James' civil lawsuit represents such a significant threat to the former president.
"I do believe that he will see repercussions for the first time in almost his entire life," he predicted. "We've seen quite a few cases now, whether it's [Trump Organization CFO Allen] Weisselberg's incarceration, whether it's the 17 counts against the Trump Organization, and now with the attorney general's case, I think we're going to see a lot of repercussion to Donald Trump."
Lemon then asked Cohen to elaborate on what such repercussions would look like.
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Cohen replied that he believed that the Trump Organization would eventually be forced to pay $250 million in fines, and that that total was just the base of what Trump would have to fork over.
"I think it will be more in the neighborhood of $700 million, based upon at least the information that I know," Cohen said.
"$700 million in fines?" asked Lemon.
"That's correct," Cohen said.
Watch the video below or at this link.
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