In a Monday, July 30, 2018 file photo, Michael Cohen, formerly a lawyer for President Trump, leaves his hotel, in New York. (AP Photo/Richard Drew, File)
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The loans are part of an investigation into whether Cohen committed bank and tax fraud, and for possible campaign law violations linked to a $130 million payment to adult film star Stormy Daniels.Citing people familiar with the matter, the newspaper said the loans were from Sterling National Bank and Melrose Credit Union, two New York institutions that do business with the taxi industry.Neither Cohen nor his lawyer immediately responded to a request for comment. The investigation is trying to determine whether Cohen misrepresented the value of his assets to obtain the loans, the newspaper said.
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