Michael Cohen Makes $7 Million Flipping Apartments While Crying Broke On GoFundMe

[mucifer]

Michael Cohen is raking it in — as a “truth-fund” set up by Cohen’s lawyer Cohen continues to successfully solicit money, it has come to light that Cohen sold his stake in two apartment buildings for $13 million.

It is fascinating to note the way that the tables (and our feelings) have turned for Mr. Cohen. America’s favorite turncoat will face steep legal fees in the coming months after pleading to multiple charges of felony. In an attempt to rectify his financial situation and prepare for the costly legal battles that he will confront, Cohen is selling off real estate. Bloomberg spoke to a source who suggested that factoring in what Cohen paid for his shares of the buildings in 2015, he made $7 million on the sale.

In addition, his GoFundMe has garnered close to $166,000 to date. The earnestly heartfelt plea that accompanies it may have contributed to the large sum: “Michael decided to put his family and his country first. Now Michael needs your financial help,” the page reads. “Help Michael Cohen and his family as he goes forward on his journey to tell the truth about Donald Trump.” The page suggests that Cohen is a warrior embarking on magnanimous journey on behalf of the nation! Setting up a GoFundMe page seems to be the hottest trend this season and we’re tempted to dip our toes in that water to earn some undeserved cash. People on the Internet are just so generous.

Read more: https://forward.com/schmooze/409398/michael-cohen-makes-7m-flipping-apartments-while-crying-broke-on-gofundme/


I don't want to hear any more CRAP from Lanny Davis about how poor michael cohen is doing the right thing for his family and his country.

[peekaloo]

1. A grifter's gotta grift.

[global1]

2. Does Anyone Else Here Think That An Investigation Is Warranted To Find Out....

who purchased his apartments? Who are the buyers?

[dixiegrrrrl]

6. Pretty sure it was not Trump.

He would never share his money with anyone.

[Major Nikon]

3. Not much longer and he'll be soliciting donations to his BOP canteen account

Please help! I'm almost all out of moonpies and smokes to bribe my room dog!

[matt819]

4. To be a little fair

His legal fees are likely to run into the millions. OJ’s murder defense cost between $3 and $6 muillion, and that was more than 20 years ago.

Not saying the go fund me is appropriate, and the odds are Cohen’s family is not going to be hard up, but his legal bills alone are going to substantial.

[Cicada]

5. I bet he's close to broke

He borrowed a huge amount to buy taxi permits. 20 million? The price has collapsed due to Uber. His tax bill in five million unreported income with penalties and interest will be maybe 3 million. Lawyer fees a million? I bet he’s down to his last couple million. Of course his father in law is daddy big bucks so the family is probably ok. But two million in his crowd is little people land.