Michael Cohen received $600,000 from AT&T in exchange for “advice” on a massive potential merger between the telecom giant and Time Warner, it was revealed on Thursday.
Internal documents show that President Trump’s lawyer was paid the money to help guide the company on its proposed $85 billion merger — which must pass federal antitrust regulators, according to The Washington Post.
Cohen, who is not a registered lobbyist, received the cash in installments of $50,000 a month, according to the paper.
The payments were made through an offshore shell company called Essential Consultants.
The payments from AT&T and other corporate entities were exposed earlier this week, initially by the lawyer for Stormy Daniels.
Daniels received $130,000 in hush money from the same shell company just before the 2016 election.
Trump ultimately opposed the merger and the Department of Justice filed suit to block the deal.
Cohen, whose office was raided by federal agents last month, is under investigation for possible bank fraud and campaign finance violations.
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