President Trump’s lawyer’s payment to adult film star Stormy Daniels shortly before the 2016 election was flagged as suspicious by his bank and reported to the Treasury Department, The Wall Street Journal reported Monday.
First Republic Bank flagged the transaction after Cohen wired $130,000 to Daniels, whose real name is Stephanie Clifford, as part of a nondisclosure agreement that ensured she would not speak about an alleged affair with Trump.
Cohen, who last month acknowledged that he made the payment, was working to secure a deal with Clifford’s representatives in October 2016, but was unable to track down Trump. As a result, he used his own funds to wire money to Clifford’s lawyer.
He then complained to friends following the election that he had not been reimbursed for his payment, according to the report.
A manager for Daniels said last month that she now believes that Cohen’s comments about the payment have broken the nondisclosure agreement, leaving her free to talk about the affair.
Neither Cohen’s bank nor Clifford’s lawyer’s bank commented on the report.