BREAKING NEWS : One man exonerated, a second charged with murder Full Story

Feds scrutinizing Michael Cohen's former accountant and bank loans

Federal prosecutors investigating President Donald Trump's former personal attorney Michael Cohen have subpo...

Posted: Aug 20, 2018 12:31 PM
Updated: Aug 20, 2018 12:31 PM

Federal prosecutors investigating President Donald Trump's former personal attorney Michael Cohen have subpoenaed his former accountant and are examining whether financial institutions improperly granted loans to Cohen, according to sources familiar with the matter.

The accountant, Jeffrey Getzel, earlier this year received a subpoena from federal prosecutors to testify in front of the grand jury convened in the Cohen case, according to one of the people familiar with the matter. The subpoena was delivered prior to the early April searches by FBI agents of Cohen's home, office and hotel room, this person said.

Banking, finance and investments

Business and industry sectors

Business figures

Business, economy and trade

Consumer loans and credit

Crime, law enforcement and corrections

Criminal law

Gene Freidman

Ground transportation

Law and legal system

Michael Cohen

Misc people

Personal finance

Subpoenas

Taxis

Transportation and warehousing

Trial and procedure

Getzel performed work, including the preparation of financial statements, for Cohen as part of his taxi medallion business, which prosecutors have been scrutinizing as part of their months-long criminal investigation.

Prosecutors at the US Attorney's Office for the Southern District of New York are also examining the banks that made loans to Cohen and studying whether those banks performed the appropriate vetting of Cohen's loan applications, another person familiar with the matter said. In particular, prosecutors have questioned whether there were individuals within the banks that helped Cohen get loans in instances in which he may not have been qualified to receive them, this person said.

Prosecutors have been scrutinizing a variety of documents submitted by Cohen to various institutions, including those to the Internal Revenue Service and those to Sterling National Bank, another person familiar with the matter said. In 2014, Sterling provided several loans of unspecified value to Cohen and his wife, and the two put up taxi medallions as collateral, according to public filings.

The Wall Street Journal reported Tuesday that federal prosecutors subpoenaed Getzel and that prosecutors had taken interest in the banks that gave Cohen loans. The Journal also said investigators were looking at whether Cohen underreported income derived from his taxi business in tax filings.

Typically prosecutors do not seek grand jury testimony of targets of an investigation, so the subpoena of Getzel to testify likely means he is considered a witness in the probe.

A spokeswoman for the US Attorney's Office declined to comment. Getzel and his attorney declined to comment. A spokesman for Sterling Bank declined to comment.

An attorney for Cohen, Lanny Davis, declined to comment "because of an ongoing investigation."

Cohen has been under investigation by federal prosecutors for months for a variety of matters, including possible bank fraud and possible election law violations related to payments he made to women who alleged affairs with his former boss, Trump.

Getzel, an accountant based in Woodbury, New York, has other ties to Cohen's orbit. Getzel also performed accounting work for Evgeny Freidman, a former business partner of Cohen who is known as the "Taxi King" for his ownership of numerous taxi medallions. Earlier this year, in May, Freidman pleaded guilty in a case brought by the New York state attorney general's office and agreed to cooperate with prosecutors.

Getzel was considered a potential witness in the state AG's tax fraud case against Freidman, according to a person familiar with the matter.

An attorney for Freidman, Patrick Egan, did not immediately respond to a request for comment.

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 119066

Reported Deaths: 3612
CountyConfirmedDeaths
Marion21563768
Lake10745324
Elkhart6734112
St. Joseph6679115
Allen6364205
Hamilton4965109
Vanderburgh384231
Hendricks2779124
Monroe267137
Tippecanoe259013
Johnson2362125
Clark226757
Porter222447
Delaware201162
Cass19589
Vigo187928
Madison171475
LaPorte151941
Warrick140743
Floyd140464
Howard133964
Kosciusko127117
Bartholomew119357
Marshall102124
Dubois100919
Boone99746
Grant96636
Hancock94843
Noble92932
Henry82226
Jackson77610
Wayne77314
Morgan73940
Shelby68329
Daviess68129
Dearborn67928
LaGrange64711
Clinton63414
Harrison59824
Putnam59011
Gibson5455
Knox5379
Lawrence51829
Montgomery51321
DeKalb49111
White48814
Decatur46139
Miami4394
Greene42936
Fayette42314
Jasper4032
Steuben3977
Scott39311
Posey3541
Sullivan33812
Jennings31712
Franklin31525
Clay3105
Ripley3108
Orange28724
Whitley2876
Carroll28013
Adams2773
Wabash2758
Starke2737
Washington2702
Wells2694
Spencer2683
Jefferson2523
Huntington2503
Fulton2462
Tipton22922
Randolph2238
Perry22213
Jay1920
Newton17411
Owen1711
Martin1690
Pike1691
Rush1584
Vermillion1320
Fountain1302
Blackford1223
Pulaski1141
Crawford1100
Parke1072
Brown1033
Benton860
Ohio797
Union790
Switzerland690
Warren411
Unassigned0227

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 152907

Reported Deaths: 4783
CountyConfirmedDeaths
Franklin27283615
Cuyahoga17603657
Hamilton13340321
Montgomery7993166
Lucas7377364
Butler6151112
Summit5393252
Warren313649
Mahoning3114282
Marion311447
Stark2946175
Pickaway268445
Lorain234286
Delaware232821
Fairfield214654
Licking196063
Columbiana195180
Wood194273
Trumbull1921132
Clark185341
Clermont176123
Lake166051
Greene153634
Medina149339
Miami147652
Allen147372
Portage117766
Mercer113919
Erie96047
Tuscarawas94320
Wayne94268
Richland94119
Ross90426
Madison85512
Darke81144
Athens7402
Geauga73349
Hancock73110
Belmont72427
Lawrence68622
Shelby66910
Ashtabula66248
Auglaize62511
Putnam62523
Sandusky58720
Huron5727
Union5512
Scioto5287
Seneca49514
Ottawa47230
Muskingum4553
Preble44716
Holmes3999
Jefferson3424
Henry33715
Defiance33212
Champaign3143
Logan3143
Clinton30512
Perry3039
Fulton2991
Brown2923
Knox28915
Jackson2667
Washington26323
Morrow2622
Hardin25713
Ashland2484
Crawford2486
Coshocton23511
Fayette2346
Highland2313
Williams2163
Wyandot21512
Pike2040
Gallia19713
Meigs17711
Guernsey1748
Hocking1679
Carroll1527
Adams1374
Van Wert1283
Paulding1130
Monroe11018
Harrison643
Morgan500
Vinton483
Noble350
Unassigned00
Fort Wayne
Clear
45° wxIcon
Hi: 61° Lo: 36°
Feels Like: 42°
Angola
41° wxIcon
Hi: 59° Lo: 34°
Feels Like: 38°
Huntington
Clear
44° wxIcon
Hi: 60° Lo: 37°
Feels Like: 41°
Decatur
Clear
46° wxIcon
Hi: 62° Lo: 37°
Feels Like: 44°
Van Wert
Clear
46° wxIcon
Hi: 63° Lo: 36°
Feels Like: 44°
More Showers Thursday
WFFT Radar
WFFT Temperatures
WFFT National

Community Events