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Cohen’s Hush Money Account Got Funds From Korean Military Firm

  • Company paid $150,000 for advice on U.S. accounting standards
  • Confirmation follows revelations by lawyer of Stormy Daniels
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Inside Michael Cohen's Shaky Finances
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The controversy over money funneled to an entity that President Donald Trump’s lawyer used to pay porn actress Stephanie Clifford has reached Asian shores, with a South Korean company identified among those whose transactions flowed through Michael Cohen’s account.

Korea Aerospace Industries Ltd., which is seeking to sell its planes in the U.S., hired Cohen’s entity for advice on local accounting standards, a spokesman for the South Korean company said Wednesday. Clifford’s attorney, Michael Avenatti, has identified Korea Aerospace along with AT&T Inc. and Novartis AG as companies that transferred money into an account at First Republic Bank that Cohen opened in October 2016. The actress is known professionally as Stormy Daniels.