Article snippet: Michael Cohen, who worked for years as MORE’s personal attorney, pleaded guilty on Tuesday to charges of bank fraud, tax fraud and campaign finance law violations, delivering a potentially significant legal blow to the president. Cohen pleaded guilty to eight counts total, including five counts of tax evasion and one count of making a false statement to a financial institution. Deputy U.S. Attorney Robert Khuzami said at a press conference Cohen failed to disclose $4.1 million in reported income, which allowed him to obtain various loans to which he would otherwise have not have been able to access. He also pleaded guilty to one count of making an excessive campaign contribution on Oct. 27, 2016, which is the same date Cohen finalized a payment to adult-film star Stormy Daniels as part of a nondisclosure agreement over an affair Daniels alleges she had with Trump. Cohen said he did so at the direction of “a candidate for federal office.” He did not mention Trump by name. The judge set a sentencing hearing of Dec. 12 for Cohen, who was released on $500,000 bond. The $130,000 payment to Daniels, whose real name is Stephanie Clifford, was completed just weeks before the 2016 election. She is now suing Cohen and the president for defamation and to void the nondisclosure agreement. In addition to the $130,000 payment to Clifford, Cohen also admitted to making an illegal contribution of $150,000. That figure matches up with the amount former Playboy model Karen McDouga... Link to the full article to read more