Former US President Donald Trump has been slapped with a significant indictment, with 34 felony counts charging him in connection to a hush money payment made by his associates during the 2016 presidential campaign.
The unsealed charges are part of an ongoing investigation into alleged financial improprieties involving Trump's dealings with individuals close to him and his attempts to suppress negative media coverage about his presidency.
According to the indictment, it was agreed that Michael Cohen, Trump's former lawyer, would receive $130,000 from a shell company for services related to helping Trump win the 2016 election. The payment of $130,000 was made via a bank transfer within weeks of the presidential campaign in October 2016.
The government has argued that this was part of an illicit scheme by Cohen and his associates to receive large sums of money from clients such as casino mogul Steve Wynn's company, which is under investigation for alleged ties to the North Korean regime. It also included a sum received on behalf of adult film star Stormy Daniels in August 2016.
This makes Trump the first former president to be charged by federal authorities with financial crimes in over two decades. The charges mark another significant milestone in an ongoing probe into Trump's financial dealings and possible wrongdoing, marking a major escalation of the long-standing investigation into his business dealings.
The unsealed charges are part of an ongoing investigation into alleged financial improprieties involving Trump's dealings with individuals close to him and his attempts to suppress negative media coverage about his presidency.
According to the indictment, it was agreed that Michael Cohen, Trump's former lawyer, would receive $130,000 from a shell company for services related to helping Trump win the 2016 election. The payment of $130,000 was made via a bank transfer within weeks of the presidential campaign in October 2016.
The government has argued that this was part of an illicit scheme by Cohen and his associates to receive large sums of money from clients such as casino mogul Steve Wynn's company, which is under investigation for alleged ties to the North Korean regime. It also included a sum received on behalf of adult film star Stormy Daniels in August 2016.
This makes Trump the first former president to be charged by federal authorities with financial crimes in over two decades. The charges mark another significant milestone in an ongoing probe into Trump's financial dealings and possible wrongdoing, marking a major escalation of the long-standing investigation into his business dealings.