Purpose Llcs News Today

Wall street journal is reporting michael cohen did set up an llc to buy the rights to buy the karen mcdougal. he closed it and set up another to pay your client stormy daniels. is the very act of opening these shell companies, done with the knowledge of the president, is that evidence of a conspiracy to you? >> i think it is evidence of a conspiracy. it may also provide evidence of money laundering or bank fraud. if youre setting up these dumbdummy llcs so make payments. you dont just set them u...

Knowledge of the president, is that evidence of a conspiracy to you? >> i think it is evidence of a conspiracy. it may also provide evidence of money laundering or bank fraud. if youre setting up these dummy llcs so make payments. you dont just set them up. you set up bank accounts to go with it. we disclosed information relating to the bank account set up for essential consultants to make the $130,000 payment. i want to get back to basics here. you dont set up single purpose llcs and bogus bank...