Further update on Cohen raid

“You don’t know what the heck they’re going to find,” said Peter Zeidenberg, a former federal prosecutor who described the raids as an “aggressive move.” While authorities need to describe in detail what they are looking for in seeking a search warrant, investigators will need to comb through vast amounts of material to find those documents, he said.

  WSJ

Oh, you must be mistaken! Trump already told us they found nothing.

Federal prosecutors in Manhattan are examining possible bank fraud by Mr. Cohen, among other matters, the person familiar with the matter said. The probe is being conducted out of the office’s public-corruption unit.

[...]

Steve Ryan, Mr. Cohen’s lawyer, confirmed in a statement Monday that prosecutors executed a series of search warrants. The prosecutors told him that the action is, in part, a referral by Mr. Mueller’s office, he said.

[...]

Meantime, federal authorities have demanded bank records related to the $130,000 payment, according to a person briefed on the matter. First Republic Bank , which Mr. Cohen used to wire $130,000 to Ms. Clifford’s lawyer on Oct. 27, 2016, conducted its own investigation of the transaction after receiving the subpoena from the authorities, the person said.

The bank sent its findings to the Treasury Department in a suspicious-activity report, the person said. Such reports are required to be sent to the Treasury’s Financial Crimes Enforcement Network when banks observe transactions that have no apparent lawful purpose or deviate inexplicably from a customer’s normal bank activity.

[...]

The investigation concerning Mr. Cohen by federal prosecutors in Manhattan is broad and isn’t limited to his interactions with Ms. Clifford, according to the person familiar with that probe.

My, my, my. I wonder how many people are going to end up caught in Donald Trump's personal sticky trap. I hope Roger Stone is one of them. I also wonder if there's enough orange material to meet the demand for jumpsuits.

The execution of the searches in the probe by federal prosecutors in Manhattan indicates Mr. Rosenstein has opted to refer the matter involving Ms. Clifford to that office, rather than broadening Mr. Mueller’s jurisdiction to include it.

[...]

Mr. Trump said Monday that the raids had affected the stock market.

“The stock market dropped a lot today as soon as they heard the noise—you know of this nonsense that was going on,” he said.

LOL. The stock market dropped its load several days ago when Trump announced he was going to add $100 billion in tariffs on Chinese imports. He didn't mention it then. He's now blaming it on the FBI. LOL. What a buffoon dick.

...but hey, do what you want...you will anyway.