Michael Cohen has reportedly agreed to a plea deal. Cohen will face 3 to 5 years in exchange for pleading guilty to campaign finance violations, bank fraud, and tax evasion.
According to Fox News:
Former Trump attorney Michael Cohen plans to plead guilty Tuesday in connection with the financial fraud investigation against him as part of a deal with prosecutors that includes jail time, Fox News has learned.
A source familiar with the deal told Fox News that it includes a guilty plea and jail time of between three and five years. The deal does not involve a cooperation agreement with federal prosecutors.
Cohen is scheduled to appear at a New York federal court hearing at 4 p.m. ET. The Associated Press reports that he will plead guilty to charges including campaign finance violations, bank fraud and tax evasion.
Cohen’s offices were raided in April by federal investigators looking into his financial dealings, including his alleged practice of paying women to stay silent about claims they had affairs with now-President Trump.
It is still unclear what Cohen will provide prosecutors in exchange for his plea. It could be against his associates or information related to his former client President Trump.