Content adapted from this Zerohedge.com article : Source
Michael Cohen, lawyer for President Trump, said the FBI took possession of confidential communication between him and his clients. While it was initially reported that the seizure had nothing to do with the President, nobody knows, at this time, what the target of the search is.
CBS is reporting that it is unclear if the raid is in reference to Stormy Daniels, the Mueller probe, or something completely different.
The Wall Street Journal is claiming that the home, office, and hotel room of Cohen were all searched.
Stocks, meanwhile, staged a reverse of almost 800 points on fears, in addition to this news, of trade fallout.
This coincided with the Times reporting of the raid of Cohen's offices.
"Today the U.S. Attorney’s Office for the Southern District of New York executed a series of search warrants and seized the privileged communications between my client, Michael Cohen, and his clients," said Stephen Ryan, his lawyer. "I have been advised by federal prosecutors that the New York action is, in part, a referral by the Office of Special Counsel, Robert Mueller."
Cohen is thought to have paid Daniels $130,000, a topic that investigators are wanting to explore.
As the NYT adds the FBI seized emails, tax documents, business records and payments to Stormy Daniels from Cohen's office under several search warrants.
The White House has not commented on the raid yet. Last week, Trump repeated that he was unaware of the payment made by Cohen to Daniels.
Non-adapted content found at zerohedge.com: Source
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