Courtesy of Pam Martens
Michael Cohen Leaves Federal Court in Manhattan, April 16, 2018
There’s a guy in Manhattan who’s sleeping about as well as Michael Cohen these days. That’s the broker at Morgan Stanley Smith Barney who opened the brokerage account for Donald Trump’s lawyer, Michael Cohen. According to a document posted at the Twitter page of Michael Avenatti, the lawyer for porn star Stormy Daniels, this fellow may have some explaining to do to the Feds if he didn’t file a Suspicious Activity Report (SAR) with the U.S. Treasury’s Financial Crimes Enforcement Network, known on the street as FinCEN.
Avenatti’s document shows the following regarding a Morgan Stanley Smith Barney account:
“From July 13, 2017 through September 8, 2017, Mr. Cohen deposited three checks in the amounts of $505,000, $250,000, and $250,000 in his Morgan Stanley account.
“Each deposit was remitted from an account held at First Republic Bank in the name of Essential Consultants, LLC.”
Essential Consultants LLC is the account from which Cohen made the payment of $130,000 in hush money to Stormy Daniels. It is also the account that was receiving over $3 million in corporate funds, including more than $1.6 million from two foreign companies and a company linked to the Russian oligarch Viktor Vekselberg, now on a U.S. sanctions list and closely tied to Russian president Vladimir Putin.
…
