WSJ: Cohen Created Shell Company to Buy Karen McDougal's Story
Source: The Daily Beast
President Donald Trumps former personal attorney, Michael Cohen, developed a new shell company for the purpose of buying former Playboy model Karen McDougals story, according to a report. The Wall Street Journal reports that Cohen created Resolution Consultants LLC in September 2016 to purchase the rights to McDougals story, which claimed she had an affair with Trump, from The National Enquirer. The newspaper had bought the story from McDougal for $150,000 a month earlier. Cohen and an executive from American Media Inc.which owns the Enquirerreportedly discussed the sale but the company declined to move forward. Cohen dissolved Resolution Consultants in October 2016, and then created Essential Consultants, which he used to pay adult film star Stormy Daniels $130,000 as part of a hush agreement regarding her alleged affair with the president. This comes after a recording was released Tuesday in which Trump and Cohen can be heard discussing the payment to McDougal.
READ IT AT WALL STREET JOURNAL
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Read more: https://www.thedailybeast.com/wsj-cohen-created-shell-company-to-buy-karen-mcdougals-story?ref=home
woodsprite
(11,910 posts)BumRushDaShow
(128,766 posts)like South Dakota.
Interesting little throw-back article about them - https://www.upi.com/Archives/1983/02/18/Tiny-Delaware-a-favorite-spot-for-big-banks/2906414392400/
SWBTATTReg
(22,100 posts)Fullduplexxx
(7,852 posts)duforsure
(11,885 posts)And conspired to commit the crime.
meadowlander
(4,394 posts)Essential Consultants was a bribery bonanza.