Report: NY Attorney General’s Office To Launch Criminal Probe Of Cohen’s Taxes
The New York state attorney general’s office will begin pursuing a criminal investigation of Donald Trump’s former “fixer” Michael Cohen’s state tax law violations, according to a new report.
According to a person familiar with the situation who spoke with CNN, the office of state Attorney General Barbara Underwood received a criminal referral from the state’s Department of Taxation and Finance.
According to the report, Cohen is in debt with the IRS and owes them at least $1.4 million. This is after reportedly evading federal taxes by failing to report at least $4 million of his income.
The attorney general’s pursuit of Cohen on tax matters comes after the office secured a guilty plea on tax fraud charges earlier this year from a former business associate of Cohen’s in the taxi medallion business, Evgeny Freidman. Though Cohen has already been charged with tax crimes on the federal level, the state attorney general’s office can bring its own set of charges because New York state’s double jeopardy laws don’t apply to tax crimes.