It is being reported that federal prosecutors are prepping charges against Trump’s former lawyer, Michael Cohen. The charges could come as soon as the end of the month.

According to CNN and confirmed by the Associated Press:

(CNN)Federal prosecutors are preparing criminal charges against President Donald Trump’s former lawyer Michael Cohen and could announce them by the end of the month, people familiar with the matter tell CNN.

The US Attorney’s office for the Southern District of New York has been investigating Cohen for possible bank and tax fraud and campaign finance violations related in part to a $130,000 hush money payment made to silence porn star Stormy Daniels’ allegations of an affair with Trump. Trump has denied an affair.

Investigators are also examining more than $20 million in loans obtained for Cohen and his family’s taxi companies, The New York Times reported Sunday night, citing people familiar with the matter.

Criminal charges against Cohen would be a major setback to President Donald Trump because Cohen has long been in his inner circle. Cohen has prided himself over the years on his reputation as Trump’s pit bull and once said he “would take a bullet” for Trump.

It was reported on Monday that prosecutors and investigators were looking into bank fraud and campaign finance violations by Cohen. By the CNN report confirmed by the AP seems to suggest that prosecutors are going to charge Cohen and those charges could come by the end of the month.