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Trump trial continues after warning about jail, testimony on bookkeeping

Trump trial continues after warning about jail, testimony on bookkeeping

CBSN
Tuesday, May 07, 2024 10:00:25 AM UTC

Donald Trump's criminal trial resumes Tuesday, the day after jurors were given a deep look at accounting inside the former president's company and the judge warned Trump he's at risk of being jailed.

Prosecutors on Monday called two longtime Trump Organization bookkeepers who explained the raw mechanics of processing an invoice, from bill to general ledger entry to signed check. Jurors were then shown a series of checks paid to Michael Cohen in 2017 and signed by either Trump or two of his adult sons. The payments totaled $420,000 over the course of the year. 

Former Trump Organization controller Jeffrey McConney also reviewed a copy of handwritten notes from seven years ago. Prosecutors say it showed how Trump's staff accounted for the $130,000 Cohen paid adult film star Stormy Daniels for her silence the year before about an alleged sexual encounter. They added another $50,000 owed to Cohen, totaling $180,000. They then doubled that figure to offset an expected tax hit, and added on a $60,000 year-end bonus to get to the final $420,000 figure. 

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