Federal agents who raided Michael Cohen’s office this week reportedly looked for information related to loans he took out against his taxi business.
The Washington Post reported Thursday that the FBI sought communications between Cohen and Sterling National Bank in New York that may show he took out loans that used his taxi business as collateral.
In addition to his job as President Trump’s longtime personal attorney, Cohen reportedly owns a number of taxi medallions required to operate yellow taxis in New York City.
Cohen took out a loan from Sterling in 2014 for an unspecified amount using his three taxi companies as collateral, The Washington Post reported.
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JUST IN: FBI investigating loans related to Cohen's taxi business: report https://t.co/brkQxQj8J3 pic.twitter.com/Agj5RozmrZ
— The Hill (@thehill) April 12, 2018
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