Michael Cohen, President Donald Trump's former personal attorney, is under investigation for bank and tax fraud, the New York Times reported Sunday, and charges may be filed by the end of the month. The Times said federal authorities are centering on $20 million in loans taken by taxi businesses owned by Cohen and his family. Authorities suspect Cohen misstated his assets in order to get the loans, and failed to report income from his taxi businesses to the IRS, the Times said. The investigation is reportedly in its final stages. Cohen is also under investigation for possible campaign finance violations related to payoffs to women who claimed to have had affairs with Trump, the Times reported. In April, federal agents raided Cohen's home and offices.
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